Until May, fintech companies were issuing five to seven lakh prepaid cards a month to customers. But in June the RBI barred non-banks from ...

Bajaj's note comes after a circular from the Reserve Bank of India (RBI) last month sent the fintech industry into a tizzy.

ED has issued notices to a few crypto firms and summoned their top executives as it probes alleged violations of India’s foreign exchange l...

Last week we reported that the Indian government had given Twitter until July 4 to heed its takedown requests or lose immunity from prosecu...

LazyPlus UPI had stopped onboarding new users last year as banking partners pulled out of the arrangement.

The buy-now-pay-later (BNPL) service asked customers in a message on Thursday to accept the terms, failing which all transactions would be ...

The RBI doesn’t have a problem with 90-second credit. The regulator was even willing to let nonbank finance companies, or NBFCs, retain the...

Some partner banks of these card-based fintech firms may also stop supporting their bank PPIs to these platforms after seeking a clarificat...

In a one-page circular, issued on Monday, RBI had directed all non-bank pre-paid payment instruments (PPIs) to stop loading credit lines on...