Technology RBI Introduces Exclusive Domains ‘bank.in’ and ‘fin.in’ to Strengthen Cybersecurity in Banking by Arti Singh February 8, 2025 February 8, 2025 In a significant move to enhance cybersecurity and combat digital fraud, the Reserve Bank of India (RBI) has announced the launch of exclusive internet domains: ‘bank.in’ for Indian banks and …
BusinessStartupsStartups Insights MobiKwik Becomes First Fintech to Fully Launch e₹ Wallet with RBI by Arti Singh February 1, 2025 February 1, 2025 The Indian fintech sector has witnessed a groundbreaking development with MobiKwik a full-scale launch of the Central Bank Digital Currency (CBDC), also known as e₹, in collaboration with the Reserve …
BusinessStartupsStartups Insights KredX Secures RBI Approval to Launch Domestic Trade Exchange (DTX) on TReDS Platform by Arti Singh January 13, 2025 January 13, 2025 KredX, a prominent supply chain finance platform, has achieved a significant milestone by securing final approval from the Reserve Bank of India (RBI) to commercially launch its Trade Receivables Discounting …
BusinessStartup StoriesStartups RBI Innovation Hub Launches Pilot for Unsecured Loans Targeting Gig Workers by Arti Singh December 31, 2024 December 31, 2024 As India’s gig economy is set to expand significantly, the Reserve Bank of India (RBI) is piloting an innovative project aimed at providing unsecured loans to gig workers. The initiative, …
BusinessStartups FundingStartups Insights RBI Grants UPI Access to Prepaid Payment Instruments via Third-Party Apps by Arti Singh December 28, 2024 December 28, 2024 The Reserve Bank of India (RBI) has introduced a groundbreaking policy change, allowing prepaid payment instrument (PPI) users to make Unified Payments Interface (UPI) transactions through third-party mobile applications. This …
BusinessStartups FundingStartups Insights RBI Imposes ₹27 Lakh Fine on IndusInd Bank for Non-Compliance by Arti Singh December 21, 2024 December 21, 2024 The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹27.30 lakh on IndusInd Bank for non-compliance with certain provisions under the Reserve Bank of India (Interest Rate …