May 3, 2025

Payment Infrastructure Development Fund (PIDF) Scheme Payment Infrastructure Development Fund The Payment Infrastructure Development Fund (PIDF) was launched by the Reserve Bank of India (RBI) in January 2021. It aims to give a strategic boost to digital payments by incentivizing the deployment of physical and digital payment acceptance infrastructure in underbanked and rural areas across […]

Payment and Settlement Systems Act, 2007 Payment and Settlement Systems Act, 2007 The Payment and Settlement Systems Act, 2007 (PSSA) was introduced to regulate and supervise the rapidly evolving electronic payments ecosystem in India. With the growth of online banking, credit cards, UPI, and digital wallets, the RBI needed a legal framework to protect users

Comprehensive Guide to Term Loans A Term Loan is a loan offered by financial institutions that must be repaid in regular installments over a specified term. These loans are commonly used for funding capital expenditure, expansion, asset purchases, or personal financial needs. Unlike working capital loans, term loans are typically for longer durations and are