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Reserve Bank of India

Reserve Bank of India: CBDCs may reduce availability of cash deposits with banks
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7 August, 2024

Reserve Bank of India: CBDCs may reduce availability of cash deposits with banks

CBDCs may have the potential to be the future of money, but the Reserve Bank of India points out the...
RBI: Emerging tech driving India’s financial sector transformation despite digital fraud concerns
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31 July, 2024

RBI: Emerging tech driving India’s financial sector transformation despite digital fraud concerns

According to RBI Governor Shaktikanta Das, "The financial landscape in India is undergoing a structural transformation," driven by technological innovations...
India’s digital payments rise 12.6%, RBI-DPI data says
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30 July, 2024

India’s digital payments rise 12.6%, RBI-DPI data says

India’s digital payments rose to 445.50 as of March 2024, compared to 395.57 in March 2023, the Reserve Bank of...
India in need of simplifying user verification process to bolster digital payments
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26 July, 2024

India in need of simplifying user verification process to bolster digital payments

While India has witnessed a surge in digital payments, the country’s KYC procedure continues to be cumbersome, especially for the...
From street vendors to large stores, Indian merchants adopt digital payments: survey
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17 July, 2024

From street vendors to large stores, Indian merchants adopt digital payments: survey

India is seeing a spike in the adoption of digital payments among merchants operating small stores and consumers paying items...
India’s NPCI, QNB Group to introduce UPI payments in Qatar
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16 July, 2024

India’s NPCI, QNB Group to introduce UPI payments in Qatar

Utilizing UPI payments in Qatar through the QNB merchant network is expected to significantly benefit Indian tourists visiting the country.
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