RBI takes action against Paytm Payments Bank Ltd through Banking Regulations Act, says press release
The Reserve Bank of India, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, had
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The Reserve Bank of India, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, had
Continue readingThe Reserve Bank of India (RBI) and Nepal Rastra Bank (NRB) are planning to integrate their respective fast payment systems
Continue readingThe Reserve Bank of India cracked down on unauthorised payments through business cards, saying that it has observed that one
Continue readingOutlier growth in personal loans and exposure to non-banking finance companies (NBFCs) were among the prominent issues that RBI top
Continue readingRBI has asked card networks such as Visa and Mastercard to stop commercial card transactions under the Business Payment Solution
Continue readingThe Reserve Bank of India (RBI) conducted two back-to-back variable rate repo (VRR) auctions on Monday to ease liquidity tightness
Continue readingPaytm and the Enforcement Directorate did not immediately respond to Reuters’ requests for comment. India’s financial crime fighting agency
Continue readingThe tentative timeline shared by fintech firm Paytm to resolve operational challenges coming in the way of its lending
Continue readingWith less than three weeks left for Paytm Payments Bank to cease its operations, it’s parent company, One97 Communications Ltd,
Continue readingThe government is examining foreign direct investment from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of
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