E-PaperNational Payments Corporation 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 2019WhatsApp 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 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 2017UPI transactions cross 10 million mark in June, says NPCI
Unified Payments Interface's (UPI) transaction volume has risen to 10 million in just 11 months from less than 1 million in August 2016, says National Payments Corp. of India (NPCI)
1 min read3 Jul 2017NPCI CEO A.P. Hota says number of digital transactions declining
NPCI CEO A.P. Hota says Inclination to use digital transactions has not happened as effectively as National Payments Corporation of India had expected
2 min read5 May 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