EDPMS and IDPMS are RBI's digital platforms linking Customs and banks to monitor all export earnings and import payments in ...
The RBI’s Unified Lending Interface is connecting banks, NBFCs, and government data to create a seamless digital credit ecosystem. Sahil Kini says the platform will make loan processing faster, more ...
India's digital payments industry has received much-needed security enhancements, thanks to new rules from the Reserve Bank of India (RBI). Even as India's digital payment ecosystem has continued to ...
The Reserve Bank of India (RBI) has fined PhonePe ₹21 lakh for violating prepaid payment instrument (PPI) rules. An inspection revealed that PhonePe's escrow account balance sometimes fell below the ...
RBI Fines PhonePe: RBI clarified that on many occasions, the balance in the company's escrow account was less than the amount payable to prepaid payment products (PPIs) and merchants, and this ...
The Reserve Bank of India (RBI) on Thursday rolled out a new framework for authenticating digital payments beyond two-factor authentication (2FA), which will come into force from 1 April 2026. The new ...
India's markets regulator has extended the timeline to roll out algorithmic trading rules for retail investors, giving stock brokers more time to upgrade their computer networks for ensuring safer ...
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