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RBI APPROVAL FINTECH
Unified Lending Interface is a good start. Now comes the hard partIndia's new Unified Lending Interface, ULI, promises to fix credit access. However, its true impact depends on fintech companies.
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 ...
Mobikwik gets RBI nod for offline payment aggregator licenceMobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. Th...
MobiKwik shares surge 8% after the company gets RBI nod for payment aggregator licenseOne MobiKwik Systems shares surged after the company received in-principle RBI approval for its Payment Aggregator-Physical licence, streng...
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...
Rohit Jain appointed RBI deputy governorRohit Jain, a Reserve Bank of India executive director, has been appointed deputy governor. His term begins on or after May 3, 2026, and wi...
Peak XV exits One MobiKwik Systems in Rs 130 crore block deal: ReportVenture capital firm Peak XV Partners has exited Indian fintech One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. This e...
One MobiKwik Systems shares soar 20% in two sessions. What’s triggering the sharp surge?MobiKwik Systems shares surged on Tuesday. The Reserve Bank of India approved its application for a Non-Banking Financial Company license. ...
MobiKwik shares jump 12% after RBI nod for NBFC licence to launch lending armShares of One MobiKwik Systems surged 12% on Monday after receiving the Reserve Bank of India's approval for an NBFC licence, enabling it t...
MobiKwik gets RBI nod for NBFC licence, to launch in-house lending armFintech firm MobiKwik has secured a crucial Reserve Bank of India approval for a non-banking financial company license. This paves the way ...
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 ...
Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
Gold loan fintech companies build own loan books as RBI tightens normsGold loan fintech startups are pivoting from loan sourcing to building their own loan books due to tightened RBI regulations. Companies lik...
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 ...
Slice eyes $50-100 million funding at lower valuation, sharpens digital bank pitchThe small finance bank has held discussions with VC funds and other investors at a time when fintech sector has come under increasing regul...
Fintech self-regulatory organisations should have broad representation: Amitabh Kant“India's fintech sector is highly diverse, with various business models and regulatory requirements. There has to be safeguarding against c...
Fintechs seek RBI nod for credit line on UPI platformDigital lending NBFCs have requested the Reserve Bank of India to allow them to offer pre-approved credit lines on the UPI platform. They a...
Cashfree receives RBI nod for payment aggregator licenseAt least 185 fintech firms — including big names like Cred, Razorpay and PhonePe — had submitted proposals seeking the license, ET has repo...
Fintech Startup 1Pay gets in-principal RBI nod for aggregator payment licenseFounded in 2019, 1Pay is a payment aggregator along with being a Logi-Fintech space by bringing transportation, logistics and banking indus...