• RBI extends card tokenisation rule by 6 months after industry request

    RBI extends card tokenisation rule by 6 months after industry request0

    • RBI
    • December 24, 2021

    By Administrator_India Capital Sands The Reserve Bank of India (RBI) on Thursday extended the deadline for wiping off card data on merchant sites and applying tokenisation by another six months as merchants and payments companies expressed their inability to meet the December 31 deadline. In a statement on its website, the central bank said “at the request

    READ MORE
  • RBI Monetary Policy LIVE Updates: MPC keeps repo rate unchanged at 4%

    RBI Monetary Policy LIVE Updates: MPC keeps repo rate unchanged at 4%0

    • RBI
    • August 6, 2021

    By Administrator_India Capital Sands RBI Monetary Policy LIVE Updates: The Monetary Policy Committee (MPC) has decided to maintain status quo and keep interest rates unchanged. Currently, the repo rate is 4 percent and reverse repo rate is 3.35 percent. Reserve Bank of India (RBI) Governor Shaktikanta Das said the policy stance continues to be “accommodative”.

    READ MORE
  • RBI allows non-bank PSPs to participate in centralised payment systems

    RBI allows non-bank PSPs to participate in centralised payment systems0

    • RBI
    • July 29, 2021

    By Administrator_India Capital Sands The Reserve Bank of India (RBI) on Wednesday allowed authorised non-bank payment system providers (PSPs) to participate in centralised payment systems (CPS), such as real-time gross settlement (RTGS) and national electronic fund transfer (NEFT), as direct members. PSPs include prepaid payment instrument (PPI) issuers, card networks, white label ATM (WLA) operators

    READ MORE

Latest Posts

Top Authors