Articles with tag: the reserve bank of india

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RBI report recommends incentives to popularise QR code transactions in India

23 Jul 2020 | Mobile Payments

The Reserve Bank of India (RBI) has released a report that shows why the government should provide incentives to popularise usage of QR code transactions.

The Reserve Bank of India, RBI, report, government, incentives, QR code, India, digital payments, Bharat QR, UPI QR, Proprietary QR, interoperable QR, KYC, merchant, electronic payment, interchange, RuPay Debit card

RBI extends EMI moratorium

25 May 2020 | E-invoicing, SCF & E-procurement

The Reserve Bank of India (RBI) has announced an extension of the moratorium on loan EMIs by three months, by the end of August 2020. 

RBI, EMI, loans, The Reserve Bank of India, moratorium, payments

USD 556 mln lost by Punjab National Bank to fraudulent buying

09 Jul 2019 | Digital Identity, Security & Online Fraud

The Wall Street Journal has revealed that Punjab National Bank had been defrauded USD 556 million from a borrower, Bhushan Power & Steel.

Punjab National Bank, fraud, scam, borrower, banks, the Reserve Bank of India, loan, bankruptcy, accounts, scandal, supply chain, liquidity, credit, fraudulent activity