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NPCI told to review Paytm's application for UPI services

Mumbai, Feb. 24 -- The Reserve Bank of India on Friday announced more measures to ensure UPI customers using the @paytm handle operated by Paytm Payments Bank continue seamless digital payments even a... Read More


NPCI told to review Paytm's application for UPI services

Mumbai, Feb. 24 -- The Reserve Bank of India on Friday announced more measures to ensure UPI customers using the @paytm handle operated by Paytm Payments Bank continue seamless digital payments even a... Read More


RBI's rate-setting panel warns against premature change in policy stance

New Delhi, Feb. 22 -- Members of the central bank's monetary policy committee-save for a lone dissenter-warned against any premature change in policy action while embarking on the "last mile of disinf... Read More


Instamojo opts out of payments gateway bid

New Delhi, Feb. 16 -- Mastercard-backed Instamojo might not re-apply for a payment aggregator (PA) license, after its application was returned by Reserve Bank of India in September 2023. Instamojo, a... Read More


Paytm taps ex-Sebi boss, others for advice

Mumbai, Feb. 10 -- Paytm's parent One 97 Communications Ltd on Friday said it has formed an advisory committee chaired by M. Damodaran, former chairman of the Securities and Exchange Board of India (S... Read More


Non-banks must watch P2P lending practices: RBI's Rao

Mumbai, Feb. 10 -- Non-banking finance companies (NBFCs) should be mindful of poor underwriting standards and risks from increased lending exposure to only one segment, said Reserve Bank of India depu... Read More


Paytm taps ex-Sebi boss, others for advice

Mumbai, Feb. 9 -- Paytm's parent One 97 Communications Ltd on Friday said it has formed an advisory committee chaired by M. Damodaran, former chairman of the Securities and Exchange Board of India (Se... Read More


NBFCs must watch peer-to-peer lending, underwriting standards: RBI deputy governor

New Delhi, Feb. 9 -- Non-banking finance companies (NBFCs) should be mindful of poor underwriting standards and risks emerging from increased lending exposure to one segment, said Reserve bank of Indi... Read More


Consumer sentiments improve, household inflation expectations moderate: RBI's forward looking surveys

Mumbai, Feb. 8 -- The Reserve Bank of India's forward-looking surveys indicate a recovery in consumer sentiments and moderation in household inflation expectations. "Consumer confidence for the curre... Read More


On the road to disinflation, the last mile is the hardest

Mumbai, Feb. 8 -- The Reserve Bank of India's (RBI's) monetary policy committee (MPC) kept the benchmark interest rate unchanged for the sixth straight time, citing persistent risks from food inflatio... Read More