Big Tech in financial system poses concentration risk: Shaktikanta Das

The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI)......

No plans to levy charges on UPI transactions: Fin Min

The Centre on Sunday said there are no plans to levy charges for making payments through Unified Payments Interface (UPI) while saying the service is a "digital public good with immense......

E-wallets fast becoming the cards of choice

In the excitement over the allocation of bank licences for the private sector, a new category of licence offered by the Reserve Bank of India (RBI) last year went almost unnoticed. Illustration:......

Mobile Internet User Growth Slowed Down In 2021

*IMAGE: A man checks his mobile phone. A Deloitte report released earlier this year estimates India to have 1 billion smartphones by 2026, in line with the country's current growth in mobile......