RBI Relaxes PIN Requirement for Contactless Card Payments Up to Rs. 2,000
Relaxing norms, the Reserve Bank on Thursday said customers can use card for contactless payments without PIN authentication for transactions up to Rs. 2,000 across all merchant categories.…
RBI Plans IT Wing as Online Financial Crimes Rise
The Reserve Bank of India (RBI) is planning to set up an information technology wing to face the rising challenges coming from cyberspace, Governor Raghuram Rajan said on…