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RBI mulling e-cheques, widening regulatory ambit to include digital payment cos

RBI mulling e-cheques, widening regulatory ambit to include digital payment cos

by AIP Online Bureau | Mar 27, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

As part of its efforts to prevent fraud, the RBI is also planning to implement a uniform Domestic Legal Entity Identifier (DLEI) framework that would enable the identification of parties to a transaction. Mumbai:The Reserve Bank on Friday introduced the...
Digital payment adaptability in India reaches 87%: FM Sitharaman

Digital payment adaptability in India reaches 87%: FM Sitharaman

by AIP Online Bureau | Oct 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Technology

India is recognised as a world leader in digital payments, accounting for nearly half of all real-time digital transactions globally. The Unified Payments Interface (UPI) is the cornerstone of India’s digital payment ecosystem. It processed over 18,580 crore...
Kerala launches digital payment system, online services in govt hospitals

Kerala launches digital payment system, online services in govt hospitals

by AIP Online Bureau | Apr 5, 2025 | Data, Eco/Invest/Demography, Health, Indian News, Policy, Technology

Kerala Health Minister Veena George The system enables payments for services at health centres statewide using credit cards, debit cards, and UPI (Google Pay, PhonePe), among other methods. This initiative has been carried out in collaboration with the Information...

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