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Push for card tokenization by RBI likely to impact merchants and lenders
December 17, 2021RBI’s push for card tokenization can have impact on a wide range of companies from e-commerce...
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Banking services in Maharashtra hit, 60k employees go on two-day strike
December 16, 2021Banking services in the state have been hit as close to 60,000 bank employees from various...
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Decimal Technologies partners with AU Small Finance Bank for Video Banking Solution
December 10, 2021Decimal Technologies, one of India’s leading digital lending and customer acquisition platform, has developed a Video...
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Paytm Payments Bank receives scheduled bank status from RBI
December 10, 2021Paytm Payments Bank has been given the scheduled bank status by the Reserve Bank of India....
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RBI to hold repo rate, attention on reverse repo for the first time
December 6, 2021With focus on the reverse repo rate, the RBI is likely to hold its repo rate...
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Uday Kotak raises concerns about dominance of fintech – PhonePe and Google Pay
December 5, 2021The dominance of payments businesses like PhonePe and Google Pay is a wake-up call for Indian...
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LIC gets RBI nod to raise stake in Kotak Mahindra to nearly 10%
November 29, 2021Kotak Mahindra Bank on Monday announced that Life Insurance Corporation (LIC) has received approval from the...
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RBI urges government for legislation to tackle illegal digital lending
November 19, 2021The RBI is keen for the government to come up with a new legislation to curb...
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RBI uses PIDF to set up 2.5 lac card PoS terminals and 55 lac QR code-acceptance points
November 17, 2021Using money from a Payment Infrastructure Development Fund (PIDF), the RBI has set up nearly 2.5...
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RBI tightens norms, directs lenders not to standardize NPA account
November 13, 2021The RBI on Friday tightened norms for recognition of dud assets and directed lenders not to...