Guwahati: The Reserve Bank of India (RBI) raised the Additional Factor of Authentication (AFA) limit for recurring transactions for e-mandates on cards, Prepaid Payment Instruments (PPIs), and UPI from 5,000 to 15,000 on Thursday.
Airtel payments bank receives the “Scheduled Bank” status: RBI
Airtel Payments Bank said on Tuesday that it has been categorized as a ‘Scheduled Bank by the Reserve Bank of India. The new status will…
Indian Bank reports a net profit of Rs. 1,089 Cr for the Q2; jumps by 164%
Mumbai: State-run Indian Bank today reported a 164 percent jump in standalone net profit at Rs 1,089 crore for the quarter ended September, aided by…
Route Mobile, a cloud communications platform, has purchased Masiv, a Latin American business, for $47.5 million
Route Mobile is a cloud-based messaging platform. Masivian S.A.S (“Masiv”), a cloud communication platform service provider for Latin American companies, has been purchased by Route…
RBI sets new auto-debit rules
New Delhi: With the Reserve Bank of India’s (RBI) extended deadline coming to an end, there will be no automatic recurring payment for various services…
NSRLM distributed 27 Biometric FingerPrint Morpho Devise to Digipay Sakhi in Kohima
Nagaland: Under the department of Rural Development, DMMU, Kohima, the Nagaland State Rural Livelihoods Mission (NSRLM) distributed 27 Biometric Finger Print Morpho Devise to Digipay…