Tag: RBI

Paytm Gets Green Light to Shift Users to New Banking Partners After NPCI Approval

Highlights Paytm to migrate UPI services to Axis, HDFC, SBI, and YES Bank. Users required to update their UPI IDs to new bank-linked handles. ...

Will Paytm Stop Working After February 29th? RBI Imposes Restrictions on Paytm Payments Bank: Key Impacts and Responses

Highlights RBI restricts Paytm Payments Bank from onboarding new customers and accepting fresh deposits. Paytm Payments Bank prohibited from conducting debit and credit transactions...

Google Play Store Encourages Subscription Purchase in India

Highlights UPI Autopay will help people make recurring payments using any UPI application that supports the feature. This feature is introduced under UPI 2.0...

Ethereum Merge: Crypto Industry Breakthrough?

In Brief Money has been a medium of exchange for a long time when it overtook the barter system in this matter. Every country has...

RBI to Begin Pilot of Digital Rupee on November 1 With Participation From 9 Banks

The Reserve Bank of India (RBI), has officially announced the launch of the pilot for a digital rupee for the wholesale segment on November...

Bharat Bill Payment System Enabled; RBI Allows Cross Border Inbound Payments

There was a time when barter system was the sole medium of exchange- one where you exchanged rice with wheat or any other commodity...

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