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2 mins read
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …
1 min read
Kotak Bank gets RBI nod for acquisition of microlender Sonata Finance
Kotak Mahindra Bank on Friday said the Reserve Bank has given approval for its Rs 537-crore acquisi…
PTI
1 min read
Zomato gets RBI approval to operate as 'online payment aggregator'
Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …
2 mins read
You can let your family members use your UPI account for payments, RBI introduces delegate payments
The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…
1 min read
RBI to allow opening of rupee account outside India
The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …
PTI
2 mins read
PhonePe moves domicile from Singapore to India
PhonePe moves domicile from Singapore to India
4 mins read
Centralised portal to search unclaimed deposits, UPI for credit lines and other key RBI announcements
UPI network to facilitate payments financed by credit from banks, reducing the cost of such offerin…
3 mins read
RBI bats for borrowers, releases guidelines to prevent lenders from levying penal interest on loan defaults
The Reserve Bank of India (RBI) has released guidelines instructing lending institutions to clearly…
1 min read
Flipkart to distribute Axis Bank personal loans of up to ₹5 lakh
The platform, which has 450 million customers, will be distributing loans of up to ₹ 5 lakh which c…
PTI
1 min read
EnKash gets RBI's in-principle nod to operate as payment aggregator
Payment aggregators are intermediaries playing an important function in facilitating payments in th…
ANI
8 mins read
This Social Enterprise Runs A Global Crowd-funding Platform; Eyes $3-5 Million In Series B Funding
Unlike many other ventures in this space, this social enterprise is a for-profit concern, but has n…
3 mins read
Air India onboards more than 3,800 staff in six months
Air India on Thursday said it onboarded more than 3,800 staff across crew and other functions, and …
PTI
3 mins read
Customer protection 'guiding light' of revamped microfinance regulations, says RBI deputy governor
Reserve Bank of India’s (RBI) deputy governor M Rajeshwar Rao on Friday outlined several measures i…
4 mins read
RBI tightens norms for Chinese lending apps
Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…
2 mins read
Paytm Payments Bank gets final nod from RBI to operate Bharat Bill Payment System services
Paytm Payments Bank Limited (PPBL) received final approval from the Reserve Bank of India to operat…
ANI
2 mins read
Alibaba exiting India? Paytm among other Alibaba-owned stocks seeing selloff
Paytm's stocks on Thursday saw a sharp downside movement after a block deal that took place where 2…
ANI
2 mins read
Survey reveals 53% of Indians are seeing ads based on their last private phone conversation
About 53 per cent of citizens said they have had one or more instances in the last 12 months where …
2 mins read
If you’re paying electricity, water, LPG bills via auto-debit, RBI’s new norms affect you
Reserve Bank of India’s (RBI) new norms for auto-debit transactions will come into effect from toda…
3 mins read
Going to take a digital loan? Read this before you do it
Digital loan providers take money from banks and other financial lenders and route it to people …
2 mins read
RBI is giving more money to fill the budget hole that may get bigger after the second wave of COVID-19
The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the Centre for nine mon…