RBI
4 articles tagged "RBI"
RBI Launches Unified Lending Interface to Enhance Credit Access
The Reserve Bank of India introduces the Unified Lending Interface (ULI) to improve credit delivery for farmers and MSMEs. Governor Shaktikanta Das emphasizes transforming credit access through technology.
RBI's Intervention Disrupts Kotak Mahindra Bank's Digital Savings Growth
Kotak Mahindra Bank's plans to expand its digital-only zero-balance savings accounts have hit a roadblock due to a decisive action from the Reserve Bank of India. The move signals a significant moment in the evolving landscape of digital banking in India.
RBI Approves Third-Party Apps for UPI Payments via PPI Wallets
The Reserve Bank of India has announced a groundbreaking policy change that allows third-party applications to facilitate UPI payments through prepaid payment instruments. This move aims to enhance digital wallet interoperability and digital payment adoption.
RBI Introduces AI-Driven Features for UPI Payments
The RBI has announced AI-integrated features for UPI, enhancing user experience with conversational payment technology. Governor Shaktikanta Das detailed these innovations during the recent policy review.