Browsing Tag

rbi

36 posts
Paytm

RBI extends Paytm Payments Bank’s operation-ceasing deadline as it gets new banking partner

The Reserve Bank of India (RBI) has announced an extension to the…

Reserve Bank of India fines Amazon Pay

Indian business of Amazon Pay – the UPI-based digital payment system run…

Razorpay, Cashfree asked by RBI to halt new merchant onboarding

Razorpay and Cashfree Payments have been instructed by the Reserve Bank of…

RBI’s pilot of the digital Rupee to commence soon: Report

The Reserve bank of India (RBI) has maintained its hard stance against…
India

India’s finance minister asks RBI to create a “whitelist” of all legal digital lending apps

Recent times has seen India, the world’s second-largest internet market, crack down…
India

RBI wants to ban cryptocurrencies, need for global collab on regulation, says India’s finance minister

The Reserve Bank of India has expressed it’s desire to ban cryptocurrencies…

Mastercard’s ban lifted, allowed to onboard new customers in India

Nearly a year ago, on July 22, 2021, the Reserve Bank of…

“Informal pressure” from RBI caused trading to halt: Coinbase CEO Brian Armstrong

Despite early setback, Coinbase CEO Brian Armstrong wants to continue with the advance in Indian demographic, even if it isn’t the most profitable decision for the company.

Paytm Payments Bank barred from onboarding new customers by India’s central bank, RBI

Paytm Payments Bank has been asked by the Reserve Bank of India…

India’s central bank deepens its strong stance against cryptocurrencies, terms it “huge threat to macro-economic stability”

Cryptocurrencies have grown in popularity over the years and reached impressive heights…

India’s central bank will now allow fintechs to access credit information bureaus

For all the woes the pandemic has brought upon us, it has…

Indian central bank’s latest directive set to affect recurring online payments

Fintech comapnies have registered unforeseeable growth ever since the pandemic struck, and…
India

Entry of Big Tech firms into India’s financial services presents challenges to stability and governance of the ecosystem: RBI

Big tech companies have penetrated into many sectors, and continue to expand…

RBI deems 2018 circular against cryptocurrency no longer valid, says banks can no longer use it to try to halt crypto trading

Cryptocurrency has not had an easy time in India. Not only was…

[Update: Services now online] PhonePe suffers outage after banking partner Yes Bank placed under moratorium by RBI

Update: After an outage that lasted for well over 24 hours, PhonePe…

RBI could seek review of Supreme court’s decision to lift the ban on cryptocurrency

In a historic verdict, India’s Supreme Court on Wednesday lifted the RBI’s…
paytm, paytm e-commerce

Paytm Payments Bank finally gets RBI nod to add new customers

Paytm, which was among the first to launch the payments bank service…
paytm, paytm e-commerce

Paytm seeks license to start money market mutual fund

Paytm, the country’s biggest online payments startup, is reportedly looking to gain…