RBI
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 ......
TMT
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 ......
Finance
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 ......