New Delhi, July 20 (IANS) The government and the Reserve Bank of India have strengthened India’s fintech Ecosystem through regulatory and consumer‑protection measures, including digital lending platforms and payment aggregators, it was announced on Monday.The measures range from a self‑regulatory framework for fintech to strengthened digital‑personal‑data protections, AI-based fraud detection & and national cybercrime reporting mechanisms, MoS Finance Pankaj Chaudhary said in a writt…
Latest National Payment Corporation of India News & Updates
New Delhi, March 10 (IANS) There is no shortage of lower-denomination currency notes of Rs 10, Rs 20 and Rs 50 in circulation in the country, the government told the Parliament on Tuesday.Minister of State for Finance, Pankaj Chaudhary, in a reply to a question in the Rajya Sabha, said that as per the RBI, lower-denomination banknotes have not been traditionally dispensed through ATMs.”A pilot project for dispensing lower denomination banknotes through small value dispensers has been launched,” …