RBI raises UPI Lite wallet limit to Rs 5,000 and boosts per-transaction cap to Rs 1,000
The Reserve Bank of India (RBI) has increased the UPI Lite wallet limit to Rs 5,000 and the per-transaction cap ...
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Tag: rbi
RBI Names Partha Pratim Sengupta as MD and CEO of Bandhan Bank
The Reserve Bank of India (RBI) has approved the appointment of Partha Pratim Sengupta as the Managing Director (MD) and ...
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Satya MicroCapital secures Rs 500 crore debt funding from Japan’s Sumitomo Mitsui Banking Corporation for second time
The Reserve Bank of India (RBI)-registered Non-Banking Financial Company – Micro-Finance Institution (NBFC-MFI) Satya MicroCapital has secured Rs 500 crore ...
Read moreRBI approves India’s first FinTech self-regulatory body to strengthen industry standards
The Reserve Bank of India (RBI) has approved the formation of the country’s first Self-Regulatory Organisation (SRO) dedicated to the ...
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RBI unveils new ATM features to revolutionise India’s banking landscape
The Reserve Bank of India’s (RBI) Deputy Governor, T Rabi Sankar has announced a series of innovative product offerings aimed ...
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RBI approves Salee Sukumaran Nair as MD & CEO of Tamilnad Mercantile Bank
The Reserve Bank of India (RBI) has approved the appointment of Salee Sukumaran Nair as the Managing Director (MD) and ...
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SBI hikes MCLR by 10 basis points across all tenors
The State Bank of India (SBI), has announced an increase in its Marginal Cost of Funds-Based Lending Rate (MCLR) by ...
Read moreRBI announces four major updates on UPI, cheques and digital lending
The Reserve Bank of India (RBI) has rolled out a new feature for UPI called ‘Delegated Payments,’ which allows the ...
Read moreRBI sets new rules for cooperative banks’ bad debt reserves
The Reserve Bank of India (RBI) has released new guidelines for the prudential treatment of Bad and Doubtful Debt Reserve ...
Read moreCashfree Payments secures RBI’s cross-border Payment Aggregator licence
Cashfree Payments has announced its achievement as the first payment service provider to receive the Reserve Bank of India (RBI’s) ...
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