National Payments Corp Of India News
Razorpay aims to work with RBI on payment gateways’ norms
The leadership team aims to interact closely at a policy level with regulators, says Razorpay CEO Harshil MathurRBI might bring payment gateways and payment aggregators under its direct supervision
2 min read13 Oct 2019UPI transactions worth over ₹1 trillion conducted in December
620.17 million UPI transactions worth 102,594.82 crore were conducted in December, as compared to 524.94 million transactions valued at 82,232.21 crore in Novemberan 18% increase in transaction volume
1 min read1 Jan 2019Do you need to submit a fresh bank mandate for EMIs, SIPs?
If you started an SIP or EMI after the SC judgment on Aadhaar on 26 September, you may need to give a fresh auto-debit mandate to your bank to ensure the SIPs and EMIs continue
5 min read6 Dec 2018WhatsApp seeks RBI nod to expand payment services to all users
WhatsApp noted that the platform had rushed to ensure that the payments data is stored in India, immediately after the RBI came out with a directive outlining the new payments data storage requirements in April this year
3 min read2 Dec 2018UPI 2.0 falls short of analysts’ expectations
The ’block functionality’ feature, which will enable the issuing banks to block a certain sum in an account as security, is useful only in case of credit card users, says a person familiar with the development
1 min read17 Jul 2018Upgraded UPI may be rolled out on Friday
The National Payments Corporation of India (NPCI), which manages the UPI platform, presented a demonstration of UPI 2.0 to some top bank officials on Tuesday
2 min read3 Jul 2018RBI may soon introduce mobile wallet interoperability rules
Banks and the PPI industry have been waiting for the RBI to issue operational guidelines on interoperability for several months now
2 min read25 Jun 2018NPCI likely to name Visa’s Uttam Nayak as new CEO
Dilip Asbe, the interim CEO of National Payments Corp. of India (NPCI), may get a new position of deputy managing director
1 min read7 Nov 2017NPCI hits 1 billion transaction volume in July
NPCI’s target is a billion transactions a day in next three years, says MD and CEO A.P. Hota
1 min read5 Aug 2017NPCI starts search for CEO A.P. Hota’s successor
National Payments Corporation of India (NPCI) has invited applications from 20 years of experience in financial services thorough will payments ecosystems
1 min read20 Jul 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared