Peru Adopts India’s UPI System for Instant Digital Payments
The partnership between NPCI International Payments Limited and the Central Reserve Bank of Peru aims to introduce a UPI-like instant payment system in Peru, marking…
Banking
RBI Guidelines for Fintech SRO
The Reserve Bank of India (RBI) finalized guidelines in 2023 for establishing self-regulatory organizations (SROs) in the fintech sector. These SROs will regulate and represent…
RBI Governor Unveils Key Financial Initiatives for 2023
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Four European Union Banks Seek RBI Nod for Clearing Model
Four major European banks are seeking RBI approval to use a third-party clearing model for trading Indian government bonds and derivatives due to ESMA’s revocation…
Maldives India’s RuPay Service
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RBI Scrutinizes Gold Loan Norms To Tighten Grip
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India Expands UPI to Include More Rural, DBT Users
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Liquidity Trap in India: How Low Interest Rates Could Spell Disaster
A liquidity trap in India is becoming a concern as the Reserve Bank of India (RBI) maintains key interest rates at 6.50% amid rising inflation and sta…
NPCI and Bank of Namibia Agreement
On May 3, 2024, NPCI International Payments Limited (NIPL), a subsidiary of the National Payments Corporation of India (NPCI), signed a landmark agreement with the…
