Tag: digital payments
Indian economy ‘sailing smoothly’ amid global challenges, says RBI Governor Shaktikanta Das
Reserve Bank of India (RBI) Governor Shaktikanta Das shared an optimistic outlook on India’s economy, highlighting its resilience amid global turbulence, while speaking at CNBC-TV18’s…
UPI: Digital payments surge: Cash usage declines post-pandemic in India, says RBI
Sixty percent of consumer expenditure is still cash based as of March 2024. But its share is declining rapidly post COVID. The share of digital…
Paytm’s first net income after asset sale to Zomato leaves stock market unimpressed
Paytm reported its first-ever net income, helped by a gain from the sale of its events business as the Indian fintech pioneer fights to rebound…
Payment systems: RBI asks banks to ensure easier accessibility to persons with disabilities
The Reserve Bank of India on Friday asked banks to review their payment systems to ensure easier accessibility to persons with disabilities. All sections of…
RBI enhances transaction limits on UPI123 & UPILite
The Reserve Bank of India (RBI) has announced a series of measures around UPI123Pay and UPI Lite to encourage wider adoption of UPI. It increased…
UPI Lite per transaction limit hiked to ₹1,000; UPI Lite wallet limit raised to ₹5,000
₹1,000; UPI Lite wallet limit raised to ₹5,000§ion=Business&subSection=&impression=true” width=”100%” height=”0px” style=”display:block” frameborder=”0″ scrolling=”no”> Oct 09, 2024 11:22 AM IST RBI raises UPI lite transaction limit…
India to become $1 tn digital economy by 2028
With government’s digital initiatives, India’s financial ecosystem has undergone a paradigm shift over the last few years. A recent report by Ask Capital says with…
NPCI to develop payments system- like India’s UPI- for Trinidad and Tobago
Sep 27, 2024 12:30 PM IST NPCI International Payments Limited will develop a digital payments system for Trinidad and Tobago, based on India’s UPI. The…
India, Egypt identify international trade settlement, digital payments as focus areas
New Delhi: India and Egypt have identified international trade settlement and digital payments, trade and investment in the Suez Canal Economic Zone (SCEZ), and transport…
Cashfree Payments: Cashfree appoints Nitin Pulyani as its head of product
Digital payments startup Cashfree Payments has appointed Nitin Pulyani as the head of product and a senior vice president in the company. Pulyani was with…