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National Payments Corporation of India

Visa complains to U.S. govt about India backing for local rival RuPay - Reuters exclusive

Economy

29 November, 2021

Visa complains to U.S. govt about India backing for local rival RuPay - Reuters exclusive

Visa Inc has complained to the U.S. government that India's "informal and formal" promotion of domestic payments rival RuPay hurts ......

Grapevine: Kedaara to raise $1 bn; Google, others eye local tie-ups to set up NPCI rival

General

11 November, 2020

Grapevine: Kedaara to raise $1 bn; Google, others eye local tie-ups to set up NPCI rival

Poised to become the largest homegrown private equity brand, Kedaara Capital is looking to raise a billion dollars (about Rs ......

Scammers try selling Sardar Patel statue as pandemic boosts India's cyber crime

TMT

07 April, 2020

Scammers try selling Sardar Patel statue as pandemic boosts India's cyber crime

Police in India lodged a case this week against an unknown online fraudster who tried selling the world’s largest statue ......

RBI publishes draft framework for new payment system

Finance

11 February, 2020

RBI publishes draft framework for new payment system

The Reserve Bank of India (RBI) on Monday published a draft framework for authorisation of a new pan-India umbrella organization ......

RBI sets strict norms for digital wallets, allows interoperability

TMT

12 October, 2017

RBI sets strict norms for digital wallets, allows interoperability

In a fresh set of guidelines for prepaid payment instruments (PPIs), including e-wallets, the Reserve Bank of India has allowed ......

Paytm Payments Bank set to go live on UPI

TMT

20 June, 2017

Paytm Payments Bank set to go live on UPI

Paytm Payments Bank Ltd, a unit of One97 Communications Ltd, has said it will soon go live on the unified ......