Also be informed that the assigned British representative to supervise the transfer of your fund from the Reserve Bank is the person of: (MR.JOHN LARRY¬) He will supervise the transfer and he will call you on phone as soon as he gets to reserve bank of India (R.B.I) on the date ...
Governor, RBI, bank or any such other organisation does not send mails or SMSs asking you to deposit money or to transfer a large sum of money to your account. Do not be a victim of such frauds. How can you win a lottery when you have not purchased any lottery ticket? Do not get ...
The Bank must also carry out on-going due diligence. A bank must update an AePS touchpoint operator’s KYC, if they have not performed any financial transaction for a continuous period of six months. Further, theNPCI and the banks must ensure that an AePS touchpoint operator is onboarded ...
on March 31, 2023 and reviewed the activities of its subsidiary company. “A wholly owned subsidiary of the bank undertook business of technology service provider, which is not permissible business that can be undertaken by a banking company under Section 6 of the BR Act” the Central Bank ...
xiv. Debit Card is a physical or virtual payment instrument containing a means of identification, linked to a Saving Bank/Current Account which can be used to withdraw cash, make online payments, do PoS terminal/Quick Response (QR) code transactions, fund transfer, etc. su...
Cashfree Payments hasobtainedthe Reserve Bank of India’s (RBI) Prepaid Payment Instrument (PPI) license. This positions Cashfree Payments among the first fintech companies to receive the PPI license from RBI. Previously, it has receivedPayment Aggregator (PA), andPayment Aggregator-Cross Border (...
The Reserve Bank of India (RBI) does not have any statistics on the usage of the retail digital rupee (e-rupee), as per a RTI response.