RBI
TMT
MobiKwik to invest Rs 400 crore for KYC compliance
Just a week after the Reserve Bank of India released stricter guidelines on full know-your-customer (KYC) norms for prepaid payment ......
TMT
Paytm Payments Bank to invest $500 mn to meet RBI's KYC norms: CEO Renu Satti
Ever since the Reserve Bank of India released a revised set of guidelines for prepaid payment instruments and e-wallets earlier ......
Finance
RBI's P2P lending norms: A step backward or forward?
Just when peer-to-peer lending in India was gaining traction, the Reserve Bank of India’s directions to govern the workings of ......
Opinion
Why RBI should ease regulations for P2P lenders
On 4 October 2017, the Reserve Bank of India issued directions to regulate the definition and operations of non-banking ......
TMT
RBI sets strict norms for digital wallets, allows interoperability
In a fresh set of guidelines for prepaid payment instruments (PPIs), including e-wallets, the Reserve Bank of India has allowed ......
TMT
RIL's Jio Payments Bank may launch this December
Jio Payments Bank, a joint venture between Mukesh Ambani's Reliance Industries Ltd and State Bank of India, is expected to ......
TMT
VCC Startups weekly wrap: Ola gets $400 mn; Flipkart, Amazon put funds in payment biz
The much-talked-about $400 million investment by Tencent in Ola concluded this week. Thus, the Chinese tech major has picked up ......
Finance
RBI directive on treating P2P lenders as NBFCs needs clarity
The Reserve Bank of India (RBI) recently notified that non-banking institutions operating as peer-to-peer (P2P) lending ......
Economy
RBI keeps repo rate on hold at 6%; cuts growth outlook
The Reserve Bank of India (RBI) kept its policy rate steady at a near seven-year low of 6.00 percent on ......
Finance
Indian central bank opens new money tap for local private equity funds
The Alternative Investment Fund (AIF) industry in India is likely to see a surge in capital flow after the central ......
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