Government to constitute working group for revision of Wholesale Price Index
The Terms of Reference of the Working Group will be to select the most appropriate Base Year for the preparation of a new official series of Index Numbers of Wholesale Price (WPI) and Producer Price Index (PPI) in India.
Jun 27, 2019, 18:11 PM IST
Amazon India gets RBI nod for mobile wallet
Online marketplace Amazon India has secured a licence to operate pre-paid payment instrument (PPI) or mobile wallet in the country as it tries to compete more aggressively against rivals Snapdeal and Paytm.
Apr 13, 2017, 15:02 PM IST
RBI official lambasts wallet players on KYC norms
A senior Reserve Bank official Thursday lambasted prepaid payment instrument (PPI) providers for laxity in meeting KYC norms, saying it is leading to opacity in the movement of funds.
Oct 06, 2016, 18:41 PM IST
RBI doubles pre-paid card limit to Rs 1 lakh
Relaxing norms for Pre-paid Payment Instruments (PPI), the Reserve Bank today doubled the card limit to Rs 1 lakh.
Dec 03, 2014, 15:57 PM IST
