The FinTech Hub
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 11:47 AM IST The Reserve Bank of India (RBI) has proposed expanding the real-time gross settlement (RTGS) system to include transactions of the United States dollar, Euro, and British pound through bilateral or multilateral agreements. RBI Governor Shaktikanta Das also underscored…
Source: Business Standard Reserve Bank of India governor Shaktikanta Das (Photo: Shutterstock) 4 min read Last Updated : Oct 14 2024 | 11:26 AM IST With India being one of the few large economies where there is a 24×7 real-time gross settlement system (RTGS), the feasibility of expanding RTGS to settle transactions in major…
Source: Business Standard 4 min read Last Updated : Sep 10 2024 | 9:05 PM IST India is pushing for greater disclosures by credit card companies, fintech firms, and payment aggregators (PAs) at the Financial Action Task Force (FATF) so that the sender and recipient in a cross-border financial transaction can be easily identified…
