India boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...

The Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...

The Indian rupee logged its steepest fall in a week on Tuesday, tracking weakness in most regional peers and also weighed down by the parti...

Deutsche Bank CEO Christian Sewing said on Monday that banks were in close contact with European watchdogs about Anthropic's Mythos as regu...

Tata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ET...

Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classifi...

The Reserve Bank of India is considering new rules for urban cooperative bank licenses. Credit societies meeting strict financial and opera...

The RBI has superseded the board of city-based New India Co-operative Bank, citing poor governance standards. Following supervisory concern...

The Reserve Bank of India has eased supervisory restrictions on several non-banking financial companies, including Asirvad Micro Finance, N...

The Reserve Bank of India (RBI) lifted business restrictions on ECL Finance Ltd and Edelweiss Asset Reconstruction Company Limited. The RBI...

The Reserve Bank of India lifted restrictions on Navi Finserv. This decision follows the company's rectification of deficiencies after seve...

The Reserve Bank of India announced the removal of supervisory restrictions on Navi Finserv Limited. This decision follows multiple interac...

IIFL Finance extends announcement of quarterly earnings beyond May 30 due to RBI audit, anticipates releasing results by June 30.

The Reserve Bank of India (RBI) directed IIFL Finance to halt sanctioning and disbursing gold loans immediately due to material supervisory...

Unlike the curbs on Yes Bank or several cooperative banks, the latest series of RBI restrictions were not a fallout of the dire finances of...

RBI orders Paytm Payments Bank to halt deposits and credit transactions post-Feb 29, 2024, citing persistent non-compliance and supervisory...

Last week, the RBI ordered SBM Bank to stop all transactions under the liberalised remittance scheme (LRS) - which allows Indian residents ...