rbi
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Trends
RBI Cracks The Whip Again, Visa And Mastercard Ordered To Halt Card-Based Commercial Payments; Issues Fresh Directives On Paytm Payments Bank Wallet And Services
The Reserve Bank Of India, RBI, has lately been active with its regulatory actions, particularly in the fintech sector. Following…
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Trends
Paytm May Shift To Third-Party Payment App Model To Sustain UPI Operations; Can It Make The Change?
As more reports follow on Paytm, in a new move to ensure uninterrupted services for its users, Paytm is set…
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Trends
RBI Comes To The Rescue Of Paytm Users, To Look At NHAI, NPCI; How Is The Current Situation Any Different Than Distressed Institutions Bailouts?
Following the recent regulatory restrictions imposed on Paytm's payments bank, the Reserve Bank of India (RBI) is set to hold…
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Trends
No Respite For Paytm Despite Vijay Shekhar Sharma Meeting RBI, FM Nirmala Sitharaman; Why Startup Honchos Are Rallying For Paytm Urging Rollback Of Sanctions Despite Serious Allegations Such As Money Laundering, KYC Flouting And Multiple Accounts Linked To Same Pan?
The RBI's recent decision to deny concessions to Paytm amidst regulatory challenges has dealt a significant blow to the company's…
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Trends
After Byju’s, Is Paytm The Next Company To Get Extinct From The Market?
The Indian business sector has recently witnessed the downfall of prominent company - Byju's, raising concerns about the sustainability of…
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Trends
After Series Of ‘Violations’, Paytm May Lose Payments Bank Licence; Why Has It Taken 7 Years For PayTm To Be Flagged? Where And What Is SEBI Doing; Should SEBI Be Dismantalled?
The regulatory scrutiny faced by Paytm Payments Bank has revealed a prolonged period of compliance challenges and operational shortcomings that…
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Trends
The PayTm Debacle; Payments Bank Faces Shutdown, Customers Brace For Impact Amidst RBI Directive, Loss Ranging Between Rs 300 To 500 Crore
In a substantial development within India's financial sector, the Reserve Bank of India (RBI) has issued a directive to Paytm…
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Trends
Giving A Cold Shoulder, Why Are International Banks Forcing HNI Indians To Close Overseas Accounts
Major international banks are urging numerous affluent Indian high-net-worth individuals (HNIs) to close their accounts. Typically, when individuals achieve HNI…
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Trends
Banks Write Off ₹10.5 Lakh Crore in 5 Years; NPA Recovery at ₹7.1 Lakh Crore; How Loan Waivers Is A Double-Edged Sword?
In a recent disclosure to the Parliament, the Minister of State for Finance, Bhagwat Karad, revealed startling figures regarding the…
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Trends
India’s forex reserve surges by $5.08 billion to $595 billion: RBI data
India’s forex reserve surges by $5.08 billion to $595 billion: RBI data India’s foreign exchange reserves experienced a…
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