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RBI's P2P lending norms: A step backward or forward?

Finance

23 October, 2017

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 ......

Why RBI should ease regulations for P2P lenders

Opinion

16 October, 2017

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 ......

RBI sets strict norms for digital wallets, allows interoperability

TMT

12 October, 2017

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 ......

RIL's Jio Payments Bank may launch this December

TMT

09 October, 2017

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 ......

VCC Startups weekly wrap: Ola gets $400 mn; Flipkart, Amazon put funds in payment biz

TMT

07 October, 2017

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 ......

RBI directive on treating P2P lenders as NBFCs needs clarity

Finance

04 October, 2017

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 ......

RBI keeps repo rate on hold at 6%; cuts growth outlook

Economy

04 October, 2017

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 ......

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Indian central bank opens new money tap for local private equity funds

Finance

26 September, 2017

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 ......

RBI 'not comfortable' with bitcoin, evaluating cryptocurrencies

TMT

13 September, 2017

RBI 'not comfortable' with bitcoin, evaluating cryptocurrencies

The Reserve Bank of India (RBI) has a group looking into cryptocurrencies as legal tender, a senior official said on ......

RBI says got back almost all of banned currency notes

Finance

30 August, 2017

RBI says got back almost all of banned currency notes

Indians returned almost all of the estimated 15.4 trillion rupees ($242 billion) in high-currency bills removed from circulation in a ......

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