PhonePe gets RBI nod to operate as ‘online payment aggregator’
Digital payments platform PhonePe on Friday announced that it has received the final authorization from the Reserve Bank…
No rent payments through PhonePe, Paytm, Cred amid RBI curbs
Leading fintech platforms, including PhonePe, Paytm and Cred, have halted rent payment services on their apps. The category…
New Payments Regulatory Board can rewrite digital payment rules
The ink is still fresh on the formation of the Payments Regulatory Board (PRB)—a structural shift in how…
Paytm Payments Services Wins Payment Aggregator Authorization
Indian FinTech company Paytm said Tuesday (Aug. 12) that its payments subsidiary received “in-principle” authorization from the Reserve…
Paytm’s unit gets Indian central bank nod to operate as online payment aggregator
BENGALURU (Reuters) -Indian fintech firm Paytm’s Payment Services unit has got ‘in-principle’ approval from the country’s central bank…
RBI to make process easy for legal heirs claiming money from bank accounts of deceased customers
Mumbai, Aug 06: The Reserve Bank of India (RBI) announced on Wednesday that it has decided to standardise…
Legal heirs to find it easier to claim deceased person’s bank account, lockers: RBI plans to simplify procedure
Reserve Bank of India (RBI) governor, Sanjay Malhotra, announced three consumer centric initiatives on the concluding day of…
India-US may negotiate tariff relief; RBI could cut rates if growth slows: JPMorgan’s Aziz
Jahangir Aziz, Head of Emerging Market Economics Research at JPMorgan believes India and the US will explore ways…