RBI Directs Card Issuers to Provide Multiple Network Options
The Reserve Bank of India (RBI) has directed banks and non-bank lenders to provide customers with the option to choose from multiple card networks (such…
Banking
RBI Approves Interoperable Net Banking Payments for Merchants
The RBI has sanctioned the development of an interoperable net banking payment system by the NPCI in collaboration with Bharat BillPay Ltd (NBBL). This system…
Financial Literacy Week 2024
Financial Literacy Week (FLW) 2024 is a significant initiative aimed at enhancing financial literacy across India, especially among the youth. Scheduled from February 26th to…
Business Payment Solution Providers (BPSPs)
Business Payment Solution Providers (BPSPs) are companies offering technological solutions to facilitate payments for businesses. These solutions range from handling credit card processing, ACH/eChecks, to…
Payment Aggregators in India
Payment Aggregators (PAs) in India are entities that facilitate online payments and transactions. The Reserve Bank of India (RBI) has set regulations requiring these aggregators…
RBI Digital Payments Index
The RBI Digital Payments Index (DPI) is a comprehensive measure developed by the Reserve Bank of India to assess the extent of digitalization in the…
UPI Tap and Pay
UPI Tap and Pay is a forthcoming feature introduced by the National Payments Corporation of India (NPCI), set to launch by the end of January…
Trend and Progress of Banking in India Report 2022-23
The “Trend and Progress of Banking in India” Report for 2022-23 by the RBI provides an extensive analysis of the banking sector’s performance in India.…
ESvarna
The eSvarna Corporate Credit Card by IndusInd Bank, launched on December 26th, 2023, is India’s first corporate credit card on the RuPay network. It integrates…
