shaktikanta das
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We are now focusing on making UPI, RuPay truly global: RBI Guv Das
PTI -
Das said strengthening financial infrastructure, including cross-border payment systems, will be key focus areas as IndiaNew Delhi: Reserve Bank Governor Shaktikanta Das on Wednesday said the central bank is focused on making the UPI and RuPay 'truly global' and...
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Interoperable Internet banking system that benefits merchants to go live in 2024: RBI Governor
PTI -
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),...
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Automatic payment limit via UPI raised to Rs 1 lakh: RBI
PTI -
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...
Retail
RBI moratorium on term loan EMIs to benefit retailers, MSMEs, corporates
IANS -
In a big relief to the corporate sector the Reserve Bank of India on Friday allowed a three month moratorium on payment of instalments in respect of all term loans outstanding on March 1, 2020.
Furthermore, the apex bank also...
Retail
GST to come into effect from July 1: Economic Affairs Secretary
IANS -
The Goods and Services Tax (GST) will be implemented from July 1 as all states have agreed on the implementation date, Economic Affairs Secretary Shaktikanta Das said on Tuesday.
"GST should be implemented by July 1. All states have agreed...
Retail
Amazon urged to withdraw skateboards with Ganesha images
IANS -
Irked by leading e-retailer Amazon selling skateboards and bedspreads with images of Hindu god Ganesha, Hindus in the US on Tuesday urged it to immediately withdraw them from its online platform.
"We are disappointed with Amazon.com for continuing to carry...
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After Indian flag doormats, Amazon US sells Gandhi flip flops
IANS -
In the wake of Mahatma Gandhi flip-flops being sold on Amazon's website, the Ministry of External Affairs on Saturday said the company should respect Indian sensitiveness and sentiments.
"As a follow up to the matter regarding the sale of doormats...
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Fresh commerce platform Handpickd aims to launch 30 new micro markets in 2025
The micro markets will be located within Gurgaon and Delhi NCRBengaluru: Handpickd, India’s first direct-to-consumer (D2C) match-making platform for...
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