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Interoperable Internet banking system that benefits merchants to go live in 2024: RBI Governor

At present, internet banking transactions are processed through payment aggregatorsMumbai: Reserve Bank Governor Shaktikanta Das on Monday said an interoperable system for Internet banking will be launched in 2024.At present, internet banking transactions are processed through payment aggregators (PA),...

Automatic payment limit via UPI raised to Rs 1 lakh: RBI

UPI has emerged as a preferred mode of payment for a large section of the population with over 11.23 billion transactions recorded in November New Delhi: On Tuesday, the Reserve Bank of India increased the limit for automatic payments through...
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Retail tech small format grocery chain Frendy raises Rs 2 cr

The capital raised will be used to fund its central inventory needs to feed its network of Frendy Marts...
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