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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 money transfer to ......

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 faces ......

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 Das said on ......

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-compliance of the ......

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 inflation remained ......

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 CEO ......

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 firm Paytm will hurt ......

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 ......

Paytm slumps another 20% after RBI clampdown on payments bank

Finance

02 February, 2024

Paytm slumps another 20% after RBI clampdown on payments bank

Shares of Indian digital payments firm Paytm tumbled 20% on Friday after a central bank clampdown on its payments bank ......

Explained: What next for Paytm's banking arm after RBI clampdown?

Finance

01 February, 2024

Explained: What next for Paytm's banking arm after RBI clampdown?

The Reserve Bank of India (RBI) has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in ......