SC: Under Order XXI Rule 102 CPC, A Transferee Pendente Lite Cannot Obstruct Execution of a Decree  ||  SC: RTE Act promotes fraternity and equality by children of judges and vendors studying together  ||  MP High Court: Aadhaar and Voter ID Cards are Not Definitive Proof of Date of Birth  ||  Chhattisgarh HC: Second Marriage During Subsisting First Marriage Void Unless Custom Permits It  ||  Allahabad HC: Will in Favor of Someone Does Not Affect Compassionate Appointment Based on Dependency  ||  MP High Court: Mere Illness of a Family Member, If Improving, is Not Sufficient for Interim Bail  ||  Bombay HC: ?25K Fine for Flying Kites With Nylon Manjha; Parents Must Ensure Responsible Conduct  ||  Delhi High Court: Home State Must be the First Preference For Claiming Insider IFS Cadre Allocation  ||  SC: Hindu Daughter-In-Law Widowed After Her Father-In-Law’s Death is Entitled to Maintenance  ||  SC: Vendor Remains a Necessary Party in Specific Performance Suits Even After Transferring Property    

Search Results for Tag : Payment System

Top Story

RBI releases framework for geo-tagging of payment system touch points(25.03.2022)

RBI releases geo-tagging of payment system touch points. In recent years, the payments ecosystem in India has witnessed rapid developments with a bouq.....

Tags : Geo-tagging, Payment system, Release



News

CBDT Grants TDS Exemption for Seven Transactions(23.06.2016)

Central Board of Direct Taxes (CBDT) has helped improve cash flows for Payment System Companies by exempting seven types of transactions from TDS obli.....

Tags : Central Board of Direct Taxes , TDS, Payment System Companies



RBI: Small Finance Banks Can Join Payment System(23.12.2015)

Reserve Bank of India (RBI) has said that entities who received in-principle approval for setting up payments banks and small finance banks can join a.....

Tags : Reserve Bank of India, payment system



RBI Issues Guidelines on 'On Tap' Authorisation on Payment Systems(16.10.2019)

Reserve Bank of India has issued guidelines on 'on tap' authorisation of payment systems, including minimum networth criteria for different players, w.....

Tags : RBI, Payment Systems



Delhi HC: Payment Aggregators Fall Within Definition of Payment System(19.09.2022)

Delhi High Court has held that payment aggregators fall within the definition of designated payment system under Section 23A of the Payment and Settle.....

Tags : Delhi High Court, Payment System, RBI



Notifications & Circulars

RBI imposes monetary penalty on two Payment System Operators(20.10.2021)

The Reserve Bank of India (RBI) had, by an order dated October 01, 2021, imposed a monetary penalty of Rs.1 crore (Rupees one crore only) on Paytm Pay.....

Tags : Penalty, Imposition, Payment System Operators



Restraining of Unauthorized Payment System(15.02.2024)

1. It has come to the notice of Reserve Bank of India that a Card Network had an arrangement that enables businesses to make card payments through cer.....

Tags : Restraining, Unauthorized, Payment System



RBI publishes daily data of select payment systems(04.06.2020)

The Reserve Bank published settlement data of select payment systems. It captures volume and value of transactions undertaken in payments systems oper.....

Tags : Settlement Data, Payment systems, Publishing of



Reserve Bank of India releases Discussion Paper on Charges in Payment Systems(17.08.2022)

1. As announced in the Statement on Developmental and Regulatory Policies dated December 08, 2021, the Reserve Bank of India (RBI) has today released .....

Tags : Discussion Paper, Charges, Payment Systems



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