The Reserve Bank of India (RBI) has announced a policy change. Effective December 27, the new regulation enables holders of ...
With the RBI’s latest move, users of prepaid payment instruments (PPIs) will now be allowed to use third party apps as well ...
RBI has enhanced the functionality of Prepaid Payment Instruments (PPIs) by allowing UPI payments through any third-party UPI ...
Currently, UPI payments from/to a PPI can only be carried out using the mobile application provided by the PPI issuer.
The Reserve Bank of India spearheaded significant regulatory actions in 2024, addressing fraud, compliance lapses, and ...
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The banking sector regulator issued a draft circular on ‘forms of business and prudential regulations for investments’ in ...
The Reserve Bank Innovation Hub (RBIH) has introduced MuleHunter.AI, an advanced AI tool aimed at combating financial fraud by detecting and flagging mule accounts involved in money laundering.
Reserve Bank of India (RBI)’s subsidiary ... RBIH presents its new in-house AI/ML-based solution as a more effective alternative to the static rule-based system for identifying suspected mule ...
IMAGE: Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the 54th GST Council Meeting at the Sushma Swaraj Bhavan in New Delhi ... "Earlier, the RBI had the ...