New Delhi, March 27 Airpay Payment Services announced on Friday that it has partnered with the Maharashtra State Co-operative Bank (MSCB) to enable UPI-based digital payments across the lender's network in the state, in order to accelerate financial inclusion in rural areas.The rollout will...
airpay payment services
cooperative banks
digital payments
digital transactions
district central co-operative banks
financial inclusion
kyc
maharashtra
maharashtra state co-operative bank
ministry of cooperation
primary agricultural credit societies
qr code payments
rbiguidelines
rural areas
upi
New Delhi, March 23 The Association of Gold Loan Companies (AGLOC) has sought a six-month deferral of the Reserve Bank of India's (RBI) revised guidelines on lending against gold and silver collateral, scheduled for implementation by April 1, 2026, citing emerging geopolitical uncertainty and...
agricultural sector
association of gold loan companies
credit access
deferral
financial services
financial stability
geopolitical risk
gold loans
india
inflation
lending regulations
middle east conflict
rbiguidelines
regulatory frameworks
reserve bank of india
Mumbai, March 16 The Reserve Bank on Monday imposed a penalty of Rs 3.1 lakh on the payment aggregator Cashfree Payments India Private Ltd for non-compliance with its directions.The RBI found that Cashfree made certain "unauthorized deductions" from an escrow account, according to an official...
banking regulations
cashfree payments india private ltd
compliance inspection
escrow account
financial penalties
financial sector
india
mumbai
payment aggregator
payment and settlement systems act 2007
payment systems
rbirbiguidelines
regulatory compliance
reserve bank of india
New Delhi, February 27 Union Home Minister Amit Shah on Friday directed intensified vigilance, coordinated action between agencies, and stricter financial scrutiny in border districts between India and Nepal to prevent infiltration and illegal migration.At a high-level review meeting in...
Mumbai, February 23 In a setback for industrialist Anil Ambani, the Bombay High Court on Monday overturned a single-judge's interim order that had stayed proceedings initiated against him and Reliance Communications Ltd for classifying their bank accounts as fraudulent.A division bench of...
account classification
accounting consultants
anil ambani
appeal
bank fraud
bank of baroda
bdo india llp
bombay high court
forensic audit
idbi bank
indian overseas bank
interim order
legal dispute
rbiguidelines
reliance communications
New Delhi, February 17 Gold jewelry was allegedly found missing from a bank locker at a Punjab National Bank branch in west Delhi's Kirti Nagar area. Following this, a case has been registered and an investigation has been initiated, police said.According to a Delhi Police statement, the...
Mumbai, February 13 The Reserve Bank on Friday issued the final guidelines on acquisition financing by banks, increasing the lending limit to up to 75 per cent of the deal value from the 70 per cent proposed in the draft rules.In amended directions governing commercial banks' credit...
acquisition financing
acquisition value
april 1 effective date
bank lending
commercial banks
corporate guarantees
credit facilities
debt-to-equity ratio
equity financing
financial assessment
india
mumbai
promoter stake
rbiguidelines
reserve bank of india