INDIAN FINANCIAL SYSTEM

Para Banking & other Agency Services provided by Banks

RBI Increases ATM Withdrawal Fees, Effective May 1

Credit Cards Guidelines issued by RBI

RBI permits prepaid wallets, cards for public transports without KYC

Thomas Cook launches India’s first Rupay prepaid forex card

Shortly all banks will issue mobility-enabled cards with NFC functions.

RBI directs new guidelines to card issuers and card networks

NPCI clarifies who will pay fees on UPI wallet transactions from April 1

What is new in revised locker rent agreements?

RBI enhances the scope of tokenisation of cards

Bank’s liability to locker hirers is limited to 100 times of annual rent: RBI

RBI bans issuance of Mastercard from July 22

RBI releases FAQs on Cash withdrawal from POS terminals

Cash withdrawal facility at Point of Sale (PoS) terminals

Card Transactions to be mandatorily disabled for online transactions if not used before

Features of new Semi-closed PPI to be issued by the banks

The conditions for ‘cash withdrawal at Point of Sale (POS)

What is tokenised card transaction?

Now you can mandate standing instruction for recurring card payments