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RBI FINTECH COMMUNICATION
LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...- IndusInd Bank faces fresh whistleblower allegationsThe new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...
- Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
- Fuelled by lending boom, DPDzero bets big on AI-led debt recoveryAs India’s unsecured lending boom accelerates, collections are emerging as the next major battleground for fintechs and lenders.
- Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
- Paytm rules out NBFC licence plansPaytm, the fintech major, has decided against seeking a Non-Banking Financial Company license. The company prefers a partnership model for ...
- Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impactPaytm shares fell 8% after RBI cancelled Paytm Payments Bank’s licence but recovered sharply as brokerages stayed bullish. Analysts see lim...
- Paytm shares crash 8% as RBI cancels Paytm Payments Bank's banking license. What lies ahead?Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to ...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- Paytm says no financial or business impact from PPBL action; services remain fully operationalPaytm has said that the Reserve Bank of India’s (RBI) action on Paytm Payments Bank Ltd (PPBL) will have no financial or business impact on...
- RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
- A loan you never took; How PAN fraud is wrecking credit scores in India and what you should do to protect yourselfIndians are facing a new threat: PAN-based loan fraud. Criminals are using stolen PAN details to take out loans without consent. This is da...
- Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
- RBI took initiative to bridge communication gap with fintechs: Deputy governorThe RBI has actively engaged with fintech startups to foster ongoing dialogue, helping both sides understand each other’s expectations bett...
- RBI recognises FACE as self-regulatory organisation in FinTech sectorThe Reserve Bank of India has designated the Fintech Association for Consumer Empowerment (FACE) as a Self-Regulatory Organisation in the F...
- RBI action on Paytm Payments Bank has drawn fintechs' attention to compliance of laws: ChandrasekharUnion Minister Rajeev Chandrasekhar emphasized the importance of regulatory compliance for fintech firms in light of the Paytm Payments Ban...
- Paytm Payments Bank's director has resigned, company confirmsIndian fintech company Paytm has confirmed the resignation of an independent director from its banking subsidiary, Paytm Payments Bank. The...
- Banks are rethinking partnerships with credit-card based fintech firmsRBI’s directive on June 20 barring prepaid payment instruments (PPIs) from being loaded through credit lines has further acted as a catalys...
- Fintechs behaving like banks may have triggered RBI order on credit linesThe fintech companies likened the order to giving traditional banks significant control of the sector's innovation stack, potentially affec...
- RBI circular leaves fintech firms dazed and confusedThe banking regulator believes that fintechs, unlike traditional lenders, lack sufficient capital and credit underwriting capabilities, sai...
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