Articles with tag like: the Reserve Bank of India

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RBI report recommends incentives to popularise QR code transactions in India

News | Mobile Payments | 23 Jul 2020

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

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

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

News | Digital Identity, Security & Online Fraud | 09 Jul 2019

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