The Reserve Bank of India (RBI) namely HDFC Bank has been selected for the 'test phase' of the 'On Tap' application facility for the theme 'Retail Payments' under regulatory Sandbox.
The Reserve Bank of India is working on a new "fraud registry" - a reporting mechanism under which data shared by banks with RBI on fraudsters will enable the regulator to blacklist such callers.
Bharti Airtel has launched a pilot project in partnership with the TP Northern Odisha Distribution to offer bill payment solutions to more than 2 million customers.