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ACCOUNT AGGREGATOR LICENCE
Delhi hotel Fire: Who is Lavkesh Bajaj, Malviya Nagar hotel owner, and how did a six-room B&B become a 25-room hotel?Lavkesh Bajaj hotel owner: A devastating fire at Flourish Stay B&B in Malviya Nagar claimed 21 lives. Owner Lavkesh Bajaj is now under inve...
Decentro secures final payment service provider licence at GIFT CityWith this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an en...
Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
Haryana cabinet approves new rules: No petrol, diesel vehicles for cab aggregators in NCRHaryana's Cabinet has approved new rules for vehicle aggregators. From January 1, 2026, all new vehicles joining fleets in NCR areas must b...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
India must leverage its digital verification architecture to evolve into a trust-based economyIndia faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this ...
Gift City turns growth lever for cross-border digital payment firmsCross-border digital payment firms are increasingly targeting Gift City for growth, seeking Payment Service Provider (PSP) licenses to cate...
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
Tweak sought in capital norms for urban co-operative bank licenceIn an effort to invigorate the co-operative banking landscape, the Reserve Bank of India is contemplating a significant reduction in the mi...
PAN rules change from April 1: Higher PAN quoting limits; new Form 93; additional documents required for application and moreNew PAN card application forms are now in effect under the Income-ax Act, 2025, with category-specific forms replacing the Aadhaar-only opt...
PhonePe surrenders NBFC-Account Aggregator licencePhonePe has decided to exit the Account Aggregator business and instead partner with other Account Aggregators (AAs) in the market.
PB Fintech secures account aggregator licence from RBIThe business, which will be operated by its subsidiary PB Financial Account Aggregator, will assist Paisabazaar access the financial data o...
NBFC account aggregators hit by cyber frauds, home ministry steps in with technical helpThe account aggregator (AA) ecosystem is facing the threat of cybercriminals, with fraudsters gaming their systems to access customer data ...
GSTN to go live on Account Aggregator ecosystem before July 1The Goods and Services Tax Network (GSTN), which is the technology interface between government and taxpayers, is due to be integrated with...
RBI directs Razorpay to pause onboarding new merchantsRazorpay, Stripe and Pine Labs were granted in-principle approvals for payment-aggregator licences in July. In September, Cashfree had also...
Eight account aggregators await RBI licence to go live in a quarter or twoAccount Aggregator is a data sharing protocol between financial institutions that is envisaged as a mechanism to reduce the need for indivi...
Setu gets in-principle RBI nod for account aggregator licencePine Labs acquired Setu in a cash-and-stock deal worth $70-75 million last month.
Cred reports Rs 95.5 crore revenue in FY 21, will apply for account aggregator licenceThe company reported a total loss of Rs 523.8 crore on a consolidated basis, compared to Rs 361.1 crore for the year-ago period.
Centre's Motor Bill may overtake regional cab regulationsCentral norms are said to be progressive and aggregator-friendly, with allowance for surge pricing up to three times the minimum fare, amon...