Tag Archives: RBI
RBI to launch Lightweight Payment
LPSS is envisioned as the missing piece in India's digital payment landscape.
Exchange ₹2,000 notes without requisition
In this context, the State Bank of India (SBI) clarified that exchanging or depositing ₹2,000 notes would not require any requisition slip.
Things to know about Re-KYC
As per the guidelines of the Reserve Bank of India, banks must update the details of their customers periodically.
Revised bank locker rules
RBI, in its circular, stated that the deadline for completing the process of renewal of locker agreements for banks had been extended till December
Now users can pay recurring
No UPI users can block a specific amount to meet a specific purpose or to pay a merchant.
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