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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 …

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Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley

Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…

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Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report

Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…

PTI   


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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…

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RBI announces digital payments intelligence platform to check online frauds

In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …

ANI   


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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…

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Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages

The corporate affairs ministry is probing various Chinese companies, especially those with links to…

PTI   


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Zomato gets RBI approval to operate as 'online payment aggregator'

Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …

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Vijay Shekhar Sharma: The controversies of the architect of fintech

Vijay Shekhar Sharma, one of the most recognised faces of India's fintech industry, has seen a fair…

PTI   


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Making online payments safer – Here’s how to tokenise your card

Many of us would have seen Amitabh Bacchan on television telling us that by tokenising our cards we…

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Bajaj Finance stock regains speed after fall in the morning

The stock of Bajaj Finance fell by over a percent in early morning trade on Thursday. On Wednesday …

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New guidelines on recurring payments may send SaaS companies out of India, say experts

Before getting into this, it is important to understand what the guidelines really say. The Rese…