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RBI bars Fairfax-backed IIFL Finance from sanctioning, disbursing gold loans

Finance

04 March, 2024

RBI bars Fairfax-backed IIFL Finance from sanctioning, disbursing gold loans

India's central bank on Monday ordered non-bank entity IIFL Finance to stop sanctioning and disbursing gold loans, ......

RBI moves to ensure continuity of UPI payments on Paytm

TMT

23 February, 2024

RBI moves to ensure continuity of UPI payments on Paytm

The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine ......

RBI asks Visa, Mastercard to stop B2B payments via fintech platforms

Finance

15 February, 2024

RBI asks Visa, Mastercard to stop B2B payments via fintech platforms

India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or......

Paytm shares hit fresh lows as Macquarie sees 'arduous' path for payments firm

Finance

13 February, 2024

Paytm shares hit fresh lows as Macquarie sees 'arduous' path for payments firm

Paytm's shares dropped 10% to a new record low on Tuesday, after brokerage Macquarie said the Indian payments firm ......

RBI declines to review Paytm Payments Bank issue

TMT

12 February, 2024

RBI declines to review Paytm Payments Bank issue

India's central bank will not review its recent regulatory action taken on Paytm Payments Bank, Governor Shaktikanta......

RBI says clampdown on Paytm Payments Bank due to persistent non-compliance

Finance

08 February, 2024

RBI says clampdown on Paytm Payments Bank due to persistent non-compliance

The Reserve Bank of India's (RBI) clampdown on Paytm Payments Bank's business was a result of persistent non-......

RBI leaves rates unchanged, sees GDP growth at 7% for FY25

Economy

08 February, 2024

RBI leaves rates unchanged, sees GDP growth at 7% for FY25

India's key rate was left unchanged for a sixth straight meeting on Thursday, in line with expectations, as ......

Mild recovery in Paytm shares after reports of CEO meeting finance minister, RBI officials

TMT

07 February, 2024

Mild recovery in Paytm shares after reports of CEO meeting finance minister, RBI officials

Shares of Paytm climbed as much as 10% on Wednesday after media reported that the embattled digital payments firm's ......

MakeMyTrip, Policybazaar warn RBI of slowing investment in fintech sector post Paytm crackdown

Economy

06 February, 2024

MakeMyTrip, Policybazaar warn RBI of slowing investment in fintech sector post Paytm crackdown

India's MakeMyTrip and insurance seller PolicyBazaar have told the central bank its crackdown on digital payments ......

Paytm CEO in talks with RBI on regulatory concerns

Finance

06 February, 2024

Paytm CEO in talks with RBI on regulatory concerns

Paytm Chief Executive Vijay Shekhar Sharma met officials from the the Reserve Bank of India (RBI) on Monday to discuss ......

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