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• The Reserve Bank has directed Visa and Mastercard, two major players in international payments, to halt card-based commercial transactions made by small and large businesses. • This action stems from concerns regarding compliance with Know Your Customer (KYC) regulations. • Visa has confirmed receipt of communication from the regulator on February 8, while awaiting a response from Mastercard. • This move follows the RBI's recent regulatory measures against Paytm Payments Bank. • Some fintechs have also received the RBI direction to pause business payments made by commercial cards until further notice. Learn Along About RBI Founded: 1 April 1935 Headquarters: Mumbai Governor: Shaktikanta Das
Which of the following is not one of the advantages of PM KISAN scheme?
The Global IndiaAI Summit 2024, organized by the Ministry of Electronics and Information Technology, aims to:
What is the dual purpose of the Government's introduction of "Bharat Dal" at subsidized rates of Rs.60 per kg and Rs.55 per kg for 1 kg and 30 kg packs ...
Under the PM-SYM scheme, what is the maximum monthly pension that a subscriber can receive after the age of 60?
Which entity won the SKOCH ESG Award 2024 in the 'Renewable Energy Financing' category?
Under credit guarantee scheme for micro and small enterprises, The limit on ceiling for guarantees has been enhanced from Rs. 2 crore to —
As per Census 2011, which of the following state has the maximum number of senior citizens?
__________ aids to set up a network of technology centres and to set up incubation centres to accelerate entrepreneurship and also to promote startups ...
Which project by CSIR has successfully concluded its first phase with the collection of 10,000 samples, aiming for a new era in precision medicine?
Which of the following is NOT a traditional craft covered under PMVS?