RBI increases the limit for subscription to mutual funds, payment of insurance premium & credit card bill payments to Rs. 1 lakh
The Reserve Bank of India (RBI) has decided to increase the limit from ₹15,000 to ₹ 1,00,000 per transaction for ...
Tag: rbi
RBI’s Monetary Policy Committee announces measures related to lending, fintechs, UPI transactions and more
The Reserve Bank of India's (RBI) Monetary Policy Committee chaired by Governor Shaktikanta Das on friday, december 8, 2023, announced ...
Jio Financial Services Applies for NBFC to CIC Conversion to RBI
Jio Financial Services has applied to the Reserve Bank of India (RBI) for conversion of the company from a non-banking ...
RBI announces measures towards consumer credit and bank credit to NBFCs – Here’s how it will impact you
Consumer credit is a powerful financial tool which provides individuals with the means to fulfill personal aspirations and manage unforeseen ...
How UPI can secure 90% of retail transactions in 5 years
The Unified Payments Interface (UPI) has changed the way people transact or make mobile payments in India. Emerging as a ...
RBI issues guidelines for banks to prevent frauds through UPI
Digitalization has given a boost to fast-paced financial transactions in India making way for the Unified Payments Interface (UPI) to ...
RBI suspends new customer onboarding for Bank of Baroda’s app “bob World”
The Reserve Bank of India (RBI) has directed Bank of Baroda to suspend the onboarding of any new customers on ...
RBI to introduce draft framework for Self-Regulatory Organizations; here’s what it means for fintech
Recently, the Self-Regulatory Organisations (SROs) have gained a lot of attention after Shaktikanta Das, the Governor of the Reserve Bank ...
Paytm UPI Lite Dominates Small-Value Payments in India with Flawless Single-Click Transactions
India has seen a surge in the adoption of digital payment methods, with UPI standing out as the frontrunner. Recent ...
Currency conversion fee receipt issued by RBI is fake, informs PIB Fact Check
With the presence of a majority of people on various social media platforms like X, Facebook, WhatsApp, Instagram, etc., spreading ...
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