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2 mins read
Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor
He also highlighted one particularly concerning practice that involves the invasion of customers' p…
ANI
2 mins read
Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan
Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…
PTI
3 mins read
India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
PTI
1 min read
Paytm shares climb over 3% on receiving govt's nod for investment in Paytm Payments Services
The stock went up by 3.05 per cent to settle at Rs 554.45 on the BSE. During the day, it climbed 5 …
PTI
3 mins read
Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report
Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…
PTI
4 mins read
Vijay Shekhar Sharma: The controversies of the architect of fintech
Vijay Shekhar Sharma, one of the most recognised faces of India's fintech industry, has seen a fai…
PTI
2 mins read
RBI releases draft framework for Fintech sector self-regulatory organisations
The RBI on Monday released a 'draft framework for recognising Self-Regulatory Organisations (SRO) f…
2 mins read
Fintech SRO aims to enhance credibility of sector, promote ethical conduct
The Reserve Bank(RBI) of India has released a preliminary framework outlining general functions, go…
2 mins read
India accounts for nearly half of the global digital payments, highlights RBI report
India holds 48.5% share in the global real-time payments volume, according to the Reserve Bank of I…
ANI
4 mins read
Fintech repository to be set up by April 2024, says Shaktikanta Das
The Reserve Bank of India (RBI) has proposed the establishment of a fintech repository. “This will …
2 mins read
RBI Governor asks fintech players to form self regulatory organisation
Fintech players should form a self regulatory organisation for an orderly growth of the industry th…
PTI
2 mins read
Regulations enabled India to be global benchmark in fintech: Razorpay's Harshil Mathur
Regulations in the fintech industry have enabled India to become a global benchmark in fintech and …
4 mins read
Experts suggest regulatory reassessment to boost fintech sector and ease compliance burden
With fintech sector gaining size and scale, there is a need to relook at the regulatory policies an…
PTI
2 mins read
Action against Paytm bank was in customers' interest: RBI
Reserve Bank of India Governor Shaktikanta Das said on Thursday that all its actions, including cer…
ANI
1 min read
Crypto currencies have no underlying value, says RBI official
Crypto currencies cannot be referred to as "currencies" as they have no underlying value, a central…
PTI
2 mins read
ED questions Paytm executives, gets documents on latest RBI action
The Enforcement Directorate has questioned senior Paytm executives and taken submission of documen…
PTI
2 mins read
RBI rules out review of action against Paytm Payments Bank
Reserve Bank of India Governor Shaktikanta Das on Monday ruled out any review of the central bank's…
PTI
2 mins read
At ₹395, Paytm shares hit upper circuit for fourth straight session
Shares of One97 Communications which owns Paytm brand hit the upper circuit for the fourth consecut…
PTI
3 mins read
Spends management fintech Zaggle’s IPO to open on 14 September
Zaggle Prepaid Ocean Services, a spends management fintech company, said on Monday that its initial…
2 mins read
Paytm shares tank 10% to extend losses for second day
Shares of Paytm's parent company One97 Communications tanked 10 per cent on Wednesday after reports…