Mumbai, Feb. 15 -- The Reserve Bank of India (RBI) said it has asked a card network, which it did not name, to pause payments under an arrangement that allowed businesses to make card payments to enti... Read More
Mumbai, Feb. 12 -- Big-Four accounting firm EY is conducting a forensic audit on a portion of Bandhan Bank's loan book for which the lender availed government guarantees, said two people aware of the ... Read More
New Delhi, Feb. 5 -- Gold loans without gold. Processing fees paid by branch. And repayments backdated to hoodwink the system. This was the bizarre way in which employees at a clutch of Bank of Barod... Read More
Mumbai, Feb. 5 -- LIC Housing Finance has decided to focus on the affordable housing segment as it looks to accelerate loan growth and achieve better margins, a senior executive said on Monday. So fa... Read More
Mumbai, Feb. 4 -- One97 Communications Ltd on Sunday denied reports of any investigation by the Enforcement Directorate (ED) against the company, its associates or founder and chief executive Vijay Sh... Read More
Mumbai, Feb. 3 -- State Bank of India (SBI), India's largest lender, is proactively extending its services to merchants and retailers through its payments subsidiary following regulatory restrictions ... Read More
MUMBAI, Feb. 3 -- The banking regulator cracked the whip on Paytm Payments Bank after it failed to shape up despite repeated warnings on falsified compliances, irregularities in KYC norms and related ... Read More
Mumbai, Feb. 2 -- The Reserve Bank of India (RBI) on Friday reiterated its warning, urging people to maintain caution to avoid becoming victims of frauds disguised as KYC (Know Your Customer) updates.... Read More
New Delhi, Jan. 31 -- Customers of Paytm Payments Bank will not be able to make fresh deposits or top up wallets, FASTags and mobility cards issued by it after a month, as the central bank cracked dow... Read More