Tuesday, December 24, 2019

This may be RBI’s solution to KYC woes of Paytm and others

The Reserve Bank has introduced a new semi-closed prepaid payment instrument (PPI) which can be used for transaction of goods and services up to a limit of Rs 10,000.

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Car sales lose pace in June, SUVs stay in front

Passenger vehicle sales in India remained sluggish for the third consecutive month in June due to a high base and reduced post-pandemic pent...