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RBI CRACKDOWN EXPLAINED
ETtech Explainer: RBI halts Simpl payment operations: What it means to BNPL playersThe action against the Bengaluru-based fintech reflects a broader regulatory crackdown on the buy-now-pay-later sector that has been intens...
Govt may red flag DeepSeek; The B2B payments comebackHappy Tuesday! The government plans to warn users about DeepSeek over data privacy and cyber security risks. This and more in today’s ETtec...
Ecommerce & dark patterns; how unicorn founders stack upThe government could crack down on ecommerce firms following consumer complaints of dark pattern violations during festive sales. This and ...
Govt’s crackdown on financial fraud; Singapore new visa framework explainedIndian Cyber Crime Coordination Centre has shut illegal loan websites to prevent the increasing number of financial frauds. This and more i...
Paytm bank RBI Ban: Indian fintech is fast, furious — and fraudulent?The Reserve Bank of India has taken regulatory action against Paytm and Visa Inc., and more nonbank intermediaries may be targeted. The gro...
Paytm CEO meets RBI officials; Nykaa doubles Q3 profitIn an attempt to address regulatory concerns, Paytm founder and CEO Vijay Shekhar Sharma, along with the firm's executives, met officials o...
Goldman may part-convert Pharmeasy debt to equity; P2P lenders look to diversify partnershipsGoldman Sachs is likely to convert some of its loan to online pharmacy PharmEasy into equity. Buoyed by binding commitments from existing i...
Sequoia sells 2% of Zomato; CoinDCX marks DeFi foraySequoia was one of the early backers of Zomato and now holds a 4.4% stake in the company.
Fintech's moneymoonIn today’s ETtech Morning Dispatch newsletter: Fintech startups ClearTax and KreditBee in talks for more funding; A SPAC exclusively for In...
No cut in subsidies, expect more tax steps in full budget: Piyush GoyalInterim finance minister dismisses fiscal slippage concerns ahead of RBI’s policy review meeting.
Raghuram Rajan’s NPA system behind economic slowdown: Niti Aayog VC Rajiv KumarKumar added that no conclusive proof was established of a link between the economic slowdown and DeMo.
How Noida scam has given Ponzi a digital dimensionUnlike a legitimate social network that raises money through digital ads, Social Trade raised its funds through the Ponzi subscriptions, sa...
Old note deposits in banks to be allowed only once till December 30 if it exceeds Rs 5,000The government has announced a fresh set of restrictions on deposits to check laundering of unaccounted cash using bank accounts.
Subir Gokarn hails demonetisation, says needs to be done frequently"What the government did on Tuesday is essentially to bring the best practice of demonetisation into play: Subir Gokarn
BJP takes Arvind Panagariya's advice on key economic decisionsBJP govt's ambitious economic agenda is being crafted with the help of economists such as Arvind Panagariya of Columbia University.
Saradha Group has nothing to do with Chit Fund business: CFAIObjecting to the use of word 'Chit Fund' in Saradha financial fraud, CFAI said none of the entities of the Group was operating as a registe...
Saradha Group has nothing to do with chit fund business: CFAI"The failure of some Multi-level Marketing or a ponzi scheme is explained as failure of a Chit Fund company. This is totally unfair," Sivar...