Tagged: internet and mobile association of india

Payments Council of India Welcomes RBI’s Move to Permit Approved Non Bank Payment Providers to Participate in Centralized Payment Systems

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Welcoming the Reserve Bank of India’s (RBI) move to permit authorized or approved non-bank payment system providers to take part in centralized payment systems (CPS), the Payments Council of India (PCI), the nation’s largest industry body for the non-banking digital payments ecosystem, has confirmed that… Read More

Naveen Surya, Chairman at Fintech Convergence Council, Wants Indian Businesses to Identify Key Opportunities and Challenges Created Due to COVID-19

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Naveen Surya, Chairman, Fintech Convergence Council & Chairman Emeritus, Payments Council of India, has noted that it’s important to understand the key challenges and opportunities created by the global COVID-19 outbreak. Surya added that we must identify opportunities across the Banking, Financial Services, and Insurance… Read More

Reserve Bank of India is Planning to Submit a Review Petition on Supreme Court’s Ruling to Lift Ban on Cryptocurrency Transactions

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The Reserve Bank of India (RBI), the nation’s central bank, is getting ready to submit a review petition on the Supreme Court’s recent ruling regarding cryptocurrency transactions. According to the Economic Times, which cited sources familiar with the matter, the RBI is concerned the Court’s… Read More

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