Monday, August 15, 2022


RBI bars Mastercard from onboarding new customers in India

The Reserve Bank of India has barred Mastercard Asia/Pacific Pte. Ltd from onboarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021.

RBI decides to build Automated Banknote Processing Centre in Jaipur

The Reserve Bank of India (RBI) has decided to build an Automated Banknote Processing Centre (ABPC) in Jaipur to dispatch and store, and for receipt of currency notes.

RBI raises limit for contactless card transactions to Rs 5,000 from Jan 1, NPCI hails the announcement

As a part of its bi-monetary policy announcement, the Reserve Bank of India (RBI) has proposed to increase the limit for contactless card transactions...

Former IBM Security executive Rakesh Kharwal joins Cyberbit

has appointed former Country Manager for IBM Security Software, India/South Asia Rakesh Kharwal as the Managing Director for India/South Asia and ASEAN.

NEC bags traffic management deal from Telekom Srbija

Japanese telecommunication firm NEC Corporation said that it will provide an advanced traffic management solution (TMS) for Telekom Srbija, Serbia's largest mobile operator.
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