Category : Search result: RBI Payment Aggregator licence


Delhi's 2,800 E-Buses Stalled Over Payment Mechanism

Delhi's allocation of 2,800 electric buses under PM E-Drive scheme faces delay as city government fails to establish required payment security mechanism with RBI. Multiple ministries racing to resolve issue.

Punjab Clears 4.34 Lakh RC and DL Backlog

Punjab resolves massive 4.34 lakh vehicle registration and driving licence backlog. High Court disposes PIL as state completes printing, only 6,176 cards pending dispatch. Read the breakthrough story.

Bengaluru woman exposes Rapido driver's fake app scam

A Bengaluru woman uncovers shocking ride-hailing fraud after catching a Rapido driver using a fake app to inflate fares. The company swiftly suspends the driver following her viral social media expose.

RBI rejects Maharashtra's asset reconstruction company licence

In a major setback for the Maharashtra government, the Reserve Bank of India has rejected the licence application for the state's proposed asset reconstruction company, dealing a blow to efforts aimed at tackling the massive ₹1 lakh crore stressed loans.

Kerala cancels taxi licences for tourist harassment

Kerala Tourism Minister K B Ganesh Kumar announces strict action against taxi drivers harassing tourists in Munnar. Licences to be cancelled following viral incident that threatens state's tourism reputation.

Fintech Body Warns RBI About UPI Monopoly Risks

The Fintech Association for Consumer Empowerment warns of concentration risks in India's UPI ecosystem, calling for regulatory intervention to ensure healthy competition and system stability.

US Visa Payments Go Digital Only from Oct 29

Major change in US visa application process: USCIS mandates online payments via credit/debit cards from October 29, eliminating cash, checks, and money orders. Complete guide for Indian applicants.

SIM Swap Fraud: Why OTP Security Is Failing

Critical security alert: Learn how cybercriminals are bypassing OTP and SIM-based authentication to drain bank accounts. Essential reading for every Indian smartphone user.

Undocumented Driver's Truck Licence Sparks California Debate

A tragic California crash involving undocumented Indian immigrant Jashanpreet Singh has ignited fierce debate about licensing procedures and immigration enforcement after he obtained a commercial truck licence despite his status.

UPI Drives India's Digital Payment Boom: RBI Report

India's digital payment landscape is undergoing a massive transformation with UPI leading the charge. RBI's latest report reveals staggering growth in cashless transactions, reshaping how Indians handle money.

Passenger barters watch for samosas as UPI fails

In an astonishing throwback to ancient trading methods, a train passenger at Jabalpur railway station was forced to barter his wristwatch for samosas when UPI payment failed as his train began departing.

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