Reserve Bank of India

74 results about this entity

Period: 28 Jul 2006 - 24 Apr 2024

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Indian central bank sets up mobile banking committee

Indian central bank sets up mobile banking committee

The Reserve Bank of India has set up a Technical Committee on Mobile Banking to examine the feasibility of introducing encrypted SMS-based funds transfers across all mobile handsets.

RBI to Indians: Stop making garlands out of bank notes

RBI to Indians: Stop making garlands out of bank notes

The Reserve Bank of India has pleaded with people to stop using bank notes to make garlands for places of worship and social events.

De La Rue braces for RBI contract loss

De La Rue braces for RBI contract loss

De La Rue is bracing for confirmation from the Reserve Bank of India that it is to move to a new consortium of printers after the UK banknote maker's contract was suspended last year due to printing irregularities

RBI Committee calls for national switch to EMV

RBI Committee calls for national switch to EMV

The Reserve Bank of India has published a host of recommendations for improving bank customer services, including the establishment of a shared Know-Your Customer database, the introduction of multi-factor authentication for Internet transactions and a nationwide switch to Chip and PIN-based EMV cards.

Polaris wins $55m RBI core banking deal

Polaris wins $55m RBI core banking deal

The Reserve Bank of India (RBI) has signed a $55 million deal for the implementation and maintenance of Polaris's Intellect core banking system.

RBI forces PayPal to restrict payments to Indian merchants

RBI forces PayPal to restrict payments to Indian merchants

In response to new Reserve Bank of India (RBI) requirements, PayPal is imposing further restrictions on its service in the country.

Indian central bank considers national migration to Chip and PIN

Indian central bank considers national migration to Chip and PIN

A Reserve Bank of India working group has called for the nation's banks to introduce two-factor authentication for online banking and recommended a move to Chip-only card transactions at the ATM and point-of-sale.

Oberthur steps up pressure on De La Rue with Indian contract claim

Oberthur steps up pressure on De La Rue with Indian contract claim

French firm Oberthur has stepped up the pressure on takeover target De La Rue, claiming the British bank note maker recently lost out on a major order from a key customer.

Reserve Bank of India sets out blueprint for overhaul of national payments system

Reserve Bank of India sets out blueprint for overhaul of national payments system

The Reserve Bank of India has set out aspirations for a top-to-toe overhaul of the country's payment systems, including plans for a new domestic card scheme, the creation of a mobile money network, and the introduction of a UK-styled Faster Payments system.

Indian counterfeit currency concerns spell bonanza for branch automation vendors

Indian counterfeit currency concerns spell bonanza for branch automation vendors

Branch automation vendors operating in India stand to gain from new central bank proposals to counter a recent surge in the circulation of counterfeit bank notes.

Monitise sets up Indian unit; lines up investors

Monitise sets up Indian unit; lines up investors

UK m-payments outfit Monitise has moved to tap the vast Indian market by establishing a unit in the country to develop a multi-bank, multi-operator mobile money platform.

Indian central bank sets out m-banking guidelines

Indian central bank sets out m-banking guidelines

The Reserve Bank of India (RBI) has placed strict restrictions on the range of mobile banking services that providers can offer customers in the country, in a move which raises uncertainty over the development of up-and-coming remittance programmes.

Indian banks told to halt m-payment schemes

Indian banks told to halt m-payment schemes

The Reserve Bank of India (RBI) has called on the country's financial institutions to halt mobile payment services until it has issued operative guidelines.

Indian bank workers strike over outsourcing

Indian bank workers strike over outsourcing

Around half a million workers at state-run banks in India have staged a walk out to protest against the planned outsourcing of payment clearing operations to private companies.

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