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Wholesale Price Index

27 Jun 2019

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.

13 Apr 2017

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.

06 Oct 2016

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.

03 Dec 2014

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.

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