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Latest News on Ppi
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Ppi - Total results - 9
Jan 29, 2019
Digital wallets may become invalid by end-February due to non-compliance with RBI's KYC normsSince there is no option of e-KYC for digital wallets and the RBI has not said anything clearly about the alternate KYC mechanisms, the firms are now in limbo
Nov 10, 2018
Digital payment transcations rise over 3-fold at 207% to 244.81 cr in August 2018: IT MinistryExisting payment modes such as debit cards, credit cards, Immediate Payment Service (IMPS) and Pre Paid Instruments(PPI) have registered substantial growth as well.
Oct 12, 2017
Prepaid payment instruments: From interoperability to full KYC, how RBI is making digital space more secureInteroperability allows payments to be made with different wallets, and allowing easy transfers between different wallets
Jul 13, 2017
Digital transactions volume 'leapfrogged' by 3 years post-demonetisation, says SBI reportIncreasing number of PoS terminals and ease of doing digital transaction will increase this level further, SBI report said
Mar 22, 2017
Delhi Metro may introduce new features to its payment system, as RBI issues mass transit walletDelhi Metro Rail Corporation (DMRC) may soon introduce some serious upgrades to the existing payment system used by the public transport corporation that maintains Delhi Metro.
Nov 23, 2016
Demonetisation: RBI takes special steps, increases mobile wallet limit to Rs 20,000 per monthUsers can load up to Rs 20,000 into digital wallets, and merchants can transfer Rs 50,000 worth of funds into bank accounts every month.
Jun 14, 2016
India records 10-year low in public-private investments: World BankIndia recorded a 10-year low in investments in public-private sector in the year 2015, adding to contraction that pulled down the global investment to below its five-year average of $124.1 billion, the World Bank has said.
Dec 03, 2014
RBI relaxes pre-paid card limit to Rs 1 lakh from Rs 50kRelaxing norms for Pre-paid Payment Instruments (PPI), the Reserve Bank today doubled the card limit to Rs 1 lakh.
Jul 09, 2012
China June inflation cools to 2.2%, gives scope for monetary easingFalling PPI also underlines the risk that producer prices are easing not just because of base effects from declining commodity and other input prices versus a year ago, but because final demand for China's factory output is declining as global economy weakens.