Tag: banking

To streamline, strengthen AePS onboarding, risk management

Posted on February 9, 2024 by filesadmin

The Reserve Bank of India has proposed streamlining the process for on-boarding of Aadhar-enabled Payment System (AePS) service providers and

RBI to adopt principle-based framework for authenticating digital payments

Posted on February 8, 2024 by filesadmin

Mumbai The Reserve Bank of India today proposed adopting a principle-based ‘framework for authentication of digital payment transactions’ to enhance

RBI to introduce programmability and offline functionality in CBDC pilot

Posted on February 8, 2024 by filesadmin

The Reserve Bank of India plans to introduce additional additional functionalities of programmability in CBDC retail payments to facilitate transactions for specific/targeted

Enterprise fintech industry set to surge, aiming for $20 bn market by 2030

Posted on February 7, 2024 by filesadmin

Large banks have started investing heavily in technology and are focusing on scaling their digital businesses, a trend that

Ahead of RBI deadline, most banks make AIF provisions in Q3

Posted on February 5, 2024 by filesadmin

Amid few options for existing investments and the hope of some easing in guidelines by the regulator, most private banks

Paytm puts its wallet Filesadmin.co on the block

Posted on February 4, 2024 by filesadmin

Paytm’s wallet business could perhaps be the first victim of the Reserve Bank of India’s strict ban on the Paytm

Vijay Shekhar Sharma: From architect of fintech powerhouse to controversies

Posted on February 4, 2024 by filesadmin

Sharma launched Paytm – an acronym for ‘pay through mobile’ – offering mobile recharges. He launched wallet services in 2011

ED to probe Paytm Payment Bank if money laundering found

Posted on February 3, 2024 by filesadmin

The Directorate of Enforcement (ED) will probe Paytm Payment Bank if there are fresh money laundering charges by the Reserve

City Union Bank posts 16% increase in Q3 net profit at ₹253 cr

Posted on February 2, 2024 by filesadmin

City Union Bank has reported a 16 per cent increase in its net profit at ₹253 crore for the quarter ended December 31, 2023,

RBI receives bids from banks for allotment of ₹3-lakh cr against notified amount of ₹2.5-lakh cr

Posted on January 28, 2024 by filesadmin

The Reserve Bank of India (RBI) received bids aggregating ₹3.08-lakh crore for allotment of funds from banks against the notified

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