This latest repo rate cut, if followed by banks, can further stimulate borrowing and provide relief to consumers.
The Positive Pay System is a revolutionary tool for ensuring secure cheque transactions.
UPI Lite is an instant payment system. Users can now transact up to ₹1,000 per payment, with a total wallet limit of ₹5,000.
NPCI plans to meet with representatives from fintech firms like CRED, Flipkart, Fampay, Amazon etc.
RBI is going to introduce a new set of guidelines for issuing licenses in the POS business.