Payment and Settlements Act |

The Reserve Bank of India has imposed penalties on five prepaid payment instrument(PPI) issuers under Section 30 of the Payment and Settlement Systems Act, 2007 for violation of regulatory guidelines. …

Economy

How is Google’s GPay operating without authorisation, Delhi HC asks RBI

April 11, 2019April 11, 2019 - by Sayoni

The Delhi High Court has asked the Reserve Bank of India (RBI) to explain how Google was operating its payment services in India without taking any approvals or licence from …

Tag: Payment and Settlements Act

RBI imposes fines on PPIs for violating norms

How is Google’s GPay operating without authorisation, Delhi HC asks RBI