Showing results for "#unified payments interface"
RBI raises limit of collateral-free agriculture loans to Rs 2 lakh
Banks are required to extend collateral-free agriculture loans up to Rs 1.6 lakh per borrower. This limit was enhanced from Rs 1 lakh, set in the year...
Digitalisation in finance paving way for next-generation banking: RBI...
In the digital currency arena, the Reserve Bank is at the forefront with pilot runs of the e-rupee, the central bank digital currency (CBDC).
India to see retail digital payments to double to USD 7 bn by 2030:...
In the report 'How Urban India Pays', Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a...
PhonePe showcases its services powered by UPI at a special event in...
The event brought together key stakeholders from the Nepalese financial landscape, including senior representatives from Banking sectors, Payment...
UPI transaction count witnesses slight drop to 1,330 cr in April
In February, transaction count and volume were seen at 1,210 crore and Rs 18.28 lakh crore, respectively, while in January, it was 1,220 crore and Rs...
UPI transactions volume surge 56 pc, average ticket size drops 8 pc:...
The value of transactions in the same period surged by 44 per cent from Rs 69.36 trillion to Rs 99.68 trillion, according to the report by global...
RBI inks pact with Nepal Rastra Bank for UPI link
Based on the terms of reference exchanged between RBI and NRB, the necessary systems will be put in place for interlinking of UPI and NPI.
RBI to introduce offline e-rupee transactions soon: Das
He said multiple offline solutions, which include both proximity and non-proximity based ones, will be tested across hilly areas, rural and urban...
