Only card companies and banks are allowed to store card information; everyone else must delete it
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![Only card companies and banks are allowed to store card information; everyone else must delete it](https://static.wixstatic.com/media/d515a3_ca4468b7a145446bb68ade82059f3959~mv2.png/v1/fill/w_209,h_204,fp_0.50_0.50,q_95,enc_auto/d515a3_ca4468b7a145446bb68ade82059f3959~mv2.webp)
The Reserve Bank of India (RBI) on Tuesday declined to extend the deadline for card tokenization beyond the agreed-upon deadline of 1...
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![47% of the CIRPs are closed with liquidation orders, compared to 14% resulted in a resolution plan](https://static.wixstatic.com/media/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.webp)
- Sep 9, 2021
- 2 min
47% of the CIRPs are closed with liquidation orders, compared to 14% resulted in a resolution plan
According to the IBBI, over 47% of cases closed under the insolvency law ended up in liquidation by the end of June this year, although...
![RBI lifts PCA restrictions on UCO Bank](https://static.wixstatic.com/media/d515a3_f55cfc58f8df4a1394380226f441fa5d~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f55cfc58f8df4a1394380226f441fa5d~mv2.webp)
- Sep 9, 2021
- 1 min
RBI lifts PCA restrictions on UCO Bank
The Reserve Bank of India (RBI) on 8 September lifted Prompt Corrective Action (PCA) restrictions on UCO Bank. The performance of the UCO...
![RBI’s e-payments rules will create challenges for merchants, small businesses, banks, others](https://static.wixstatic.com/media/d515a3_be3306ca8ab04c80b93d29edd78cffc4~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_be3306ca8ab04c80b93d29edd78cffc4~mv2.webp)
- Sep 8, 2021
- 2 min
RBI’s e-payments rules will create challenges for merchants, small businesses, banks, others
Payment aggregators, gateways, merchants, small businesses, banks, and others will face challenges as a result of the Reserve Bank of...
![Lenders fail to receive bids for Videocon group’s energy business](https://static.wixstatic.com/media/d515a3_e3a861516ded4bafada46e7db854e817~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_e3a861516ded4bafada46e7db854e817~mv2.webp)
- Sep 8, 2021
- 2 min
Lenders fail to receive bids for Videocon group’s energy business
According to two bankers familiar with the situation, lenders to Videocon group's energy business have extended the deadline for...
![Google-Equitas Small Finance Bank deposits deal under RBI's watch](https://static.wixstatic.com/media/d515a3_811a2e6d649a48be99a8a08941e44b09~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_811a2e6d649a48be99a8a08941e44b09~mv2.webp)
- Sep 8, 2021
- 3 min
Google-Equitas Small Finance Bank deposits deal under RBI's watch
The Reserve Bank of India (RBI) has been thrown a curveball by Equitas Small Finance Bank's recent decision to tap into Google Pay's user...
![Why a new Code for creditors under IBC; what precipitated this](https://static.wixstatic.com/media/d515a3_84b44854a75f45108dec3b86c463e8ca~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_84b44854a75f45108dec3b86c463e8ca~mv2.webp)
- Sep 8, 2021
- 2 min
Why a new Code for creditors under IBC; what precipitated this
The insolvency regulator — IBBI (Insolvency and Bankruptcy Board of India) has requested public feedback on a proposal to establish a...
![RBI enables cardholders to the benefits from the security of tokenised card transactions](https://static.wixstatic.com/media/d515a3_8f4319d4cecf4b5c84f6d4f147098b80~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_8f4319d4cecf4b5c84f6d4f147098b80~mv2.webp)
- Sep 8, 2021
- 2 min
RBI enables cardholders to the benefits from the security of tokenised card transactions
The Reserve Bank of India (RBI) invited reference to its circular DPSS.CO.PD No.1463/02.14.003/2018-19 dated 8 January 2019 on...
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![The Supreme Court claims that the Centre is ‘emasculating' tribunals by failing to designate members](https://static.wixstatic.com/media/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.webp)
- Sep 8, 2021
- 2 min
The Supreme Court claims that the Centre is ‘emasculating' tribunals by failing to designate members
The Supreme Court warned on Monday that the Centre was "emasculating" tribunals by failing to appoint officials to quasi-judicial bodies...
![RBI issues new directions on locker handling](https://static.wixstatic.com/media/d515a3_60af56e926884b0ea36e70a6a1ee2827~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_60af56e926884b0ea36e70a6a1ee2827~mv2.webp)
- Sep 7, 2021
- 3 min
RBI issues new directions on locker handling
In order to ensure prompt payment of locker rent, the Reserve Bank of India (RBI) has directed banks to obtain a term deposit, at the...
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