Gauhati HC: DRT Has to Dispose of Application under Section 17 of SARFAESI Act as per RDB Act  ||  Kerala HC: Showing or Waving Black Flag to a Person Cannot Amount to Defamation  ||  Del. HC: Merit Based Review of Arb. Award Involving Reappraisal of Factual Findings is Impermissible  ||  Del. HC: It is the Product and Not the Technology Used that Determines HSN Classification  ||  P&H HC: Provis. of Punjab Recruitment of Ex-Servicemen (First Amendment) Rules are Unconstitutional  ||  Cal HC: High Time that Irretrievable Breakdown of Marriage be Read as Grounds of Desertion & Cruelty  ||  Supreme Court: Third Party Can File SLP Against Quashing Of Criminal Proceedings  ||  SC: Absolute Ownership in Property as Per HSA Can’t be Claimed by Woman with Limited Interest  ||  SC: Can’t Forego Fundamental Requirements of Election of Society in Absence of Specific Provisions  ||  SC: Special Efforts Should be Made to Identify Women Prisoners Eligible for Release u/s 479 of BNSS    

Search Results for Tag : payment system

News

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



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



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



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



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



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



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



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



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