Topics: Reserve Bank Of India

Russia’s Sberbank Expands IT Operations in India, Opens New Unit in Bangalore

Sberbank, Russia's largest bank, has received official authorization from the Reserve Bank of India to set up an IT unit in Bangalore, India. "The newly...

Hitachi Payment Services gets in-principle nod from RBI to operate as payment aggregator

India-based end-to-end payment solutions provider, Hitachi Payment Services has said, “It has received in-principle authorization from the Reserve Bank of India (RBI) to act...

Reserve Bank ducks Vasantdada Nagari Sahakari Bank license

The Reserve Bank of India (RBI) has canceled the license of Osmanabad, Maharashtra based Vasantdada Nagari Sahakari Bank Limited. Reserve Bank in its statement said,...
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PCI Applauds RBI’s Bold Step Towards Deepening Financial Inclusion

The Reserve Bank of India (RBI) on Tuesday issued the implementation guidelines for its much awaited scheme on Payments Infrastructure Development Fund (PIDF). According...

RBI promotes R Subramanian, Rohit Jain & RS Ratho as Executive Directors

The Reserve Bank Of India (RBI) has promoted three of its Chief General Managers (CGMs), R Subramanian, Rohit Jain, RS Ratho as its Executive...

RBI Governor tests negative for COVID-19

Shaktikanta Das, Governor of Reserve Bank of India (RBI) on Saturday said that It has tested negative for COVID-19. Confirming the news on Twitter, Shaktikanta...
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Bajaj Finserv, Shinhan Bank partners with Kwik.ID for Video KYC service

India-based video KYC solution Kwik.ID has announced its partnership with Bajaj Finserv and Shinhan Bank to provide video-based KYC solutions to the banks. In a...

Kwik.ID records 300% increase in video KYC

Kwik.ID an RBI complaint AI-based video KYC solution developed by Think Analytics has recorded an increase of 300% in the adoption of its services...

NPCI: Transactions through Google Pay are protected by law

National Payments Corporation of India (NCPI) on Thursday said, "As Google Pay is classified as third-party app provider (TPAP), the transaction made through it...
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Google Pay says, “Our platform is fully protected as it works with banks to allow payments through UPI”

After the Reserve Bank of India (RBI) told the Delhi High Court that, "As Google Pay does not operate any payment systems, it does...
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