The Reserve Bank on Friday allowed prepaid payment instruments holders to make and receive UPI payments through third-party ...

RBI allows PPI users to use UPI payments via third-party apps, enhancing interoperability and convenience for digital ...

"India’s current account deficit (CAD) moderated marginally to USD 11.2 billion (1.2 per cent of GDP) in Q2 2024-25 from USD ...

The reserves have been declining for the last few weeks, and the drop has been attributed to revaluation along with forex ...

India’s current account deficit (CAD) reached $11.2 billion (1.2% of GDP) in Q2FY25, while the balance of payments (BoP) ...

According to a report released by the Reserve Bank of India (RBI) on Thursday (26 December), the ratio of gross ...

A prepaid payment instrument (PPI) is a financial tool that allows users to store funds on a card or digital wallet for ...

"[Manmohan Singh] had little time for political intrigue. And that made all the difference for India," recalls his CEA ...

India's foreign exchange (forex) reserves have witnessed a steep fall, hitting a low not seen in over seven months. According ...

India's foreign exchange reserves dropped by $8.478 billion to $644.391 billion for the week ending December 20, marking a ...

Now wallet holders will no longer have to depend upon the PPI wallet issuer in order to make UPI payments, rather individuals can use third party apps in order to transact through wallet using a UPI.

Currently, UPI payments from/to a PPI can only be carried out using the mobile application provided by the PPI issuer.