Browsing: Reserve Bank of India

Indian digital payments platform Paytm warned of job cuts on Wednesday after it said its net loss widened in the fourth quarter as it faces a…

India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately stop onboarding new customers through its online and mobile banking channels and stop issuing new…

CRED has received in-principle approval for a payment aggregation license in a boost to the Indian fintech startup that could help it better serve its customers…

India’s central bank has extended the deadline for some business restrictions on Paytm’s Payments Bank to March 15 in the “larger public interest”, dashing hopes of…

Macquarie has dramatically cut its 12-month price target for One97 Communications, the parent company of digital payments company Paytm, citing risks of customers leaving the platform…

Shares of Paytm plunged 10% on Monday, their third straight session down, to hit a record low of 438.35 Indian rupees (or $5.28) after the RBI…

The Reserve Bank of India (RBI) has widened its restrictions on Paytm’s Payments Bank, which processes transactions for financial services giant Paytm, preventing it from offering…

The Reserve Bank of India is discussing more sanctions on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter…

India’s central bank has imposed several measures to curb high growth in consumer credit, in a move that will affect consumer spending and many startups in…