Tag: RBI
Reserve Bank asks NPCI to help continue operations of Paytm app
Mumbai: Reserve Bank of India on Friday said NPCI has been asked to examine the possibility of it becoming a third-party application provider for...
RBI gives 15 more days till March 15 to Paytm Payments Bank to stop transactions
Mumbai: The RBI on Friday gave 15 days more till March 15, 2024 to Paytm Payments Bank Ltd (PPBL) to stop deposits, credit transactions...
Paytm app will continue to work beyond Feb 29 as usual: CEO Vijay Shekhar Sharma
New Delhi: Digital payments and services app Paytm is working and will continue to work as usual even after February 29, its CEO Vijay...
Why a ‘cashless’ society would hurt the poor: A lesson from India
June 26, 2017: India tried to reduce the use of cash in its economy by eliminating, overnight, two of its most widely used bills...
Rs 2000 note has radio frequency tracking mechanism: IIM-Bengaluru don who advised PM Modi to demonetize
While Reserve Bank of India (RBI) has denied as rumours that every Rs 2000 note has a GPS-chip in it, which would be able...
RBI caps deposit withdrawal from ailing National Co-operative Bank at Rs 50,000
The business restrictions have been imposed for a period of six months from the close of business on July 24, 2023 and are subject...