New Delhi [India], July 21 (ANI): Government think tank NITI Aayog has made a case and offered a template and roadmap for a licensing and regulatory regime for digital banks that focuses on avoiding any regulatory or policy arbitrage and offers a level playing field to incumbents as well as competitors.
New Delhi [India], July 12 (ANI): The National Payments Corporation of India has directed that all Unified Payments Interface (UPI)-based applications while capturing their location or geographic coordinates, must take prior consent from the customers.
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday proposed to allow the linking of credit cards to the Unified Payments Interface (UPI) platform.
New Delhi [India], April 13 (ANI): Prime Minister Narendra Modi on Wednesday appreciated India in Pixels (IIP) for conveying the point of digital payments and Unified Payments Interface (UPI) through the sound of money transacted through data sonification.
Mumbai [India], December 29 (ANI): IndusInd Bank has signed an agreement with the National Payments Corporation of India (NPCI) for offering real-time cross-border remittances through Unified Payments Interface (UPI).
New Delhi [India], November 24 (ANI): NITI Aayog has released a discussion paper titled 'Digital Banks: A Proposal for Licensing and Regulatory Regime for India' seeking comments till December 31, 2021.
New Delhi [India], November 12 (ANI): Prime Minister Narendra Modi on Friday lauded the use of Unified Payments Interface (UPI) across the country and said the digital transactions in India has jumped 19 times in the last seven years.
New Delhi [India], August 31 (ANI/NewsVoir): Max Life Insurance Company Ltd. ("Max Life" / "Company"), has enabled a safe and secure E-mandate process on premium payments for its customers in partnership with BillDesk, a payment gateway solutions provider. With this, Max Life becomes the first life insurer to extend the facility of E-mandate for recurring premium payment options to its customers.