Paytm Payments Bank has lost its license following years of regulatory limits on its business. The Reserve Bank of India (RBI) announced Friday (April 24)...
India’s central bank has reportedly proposed that BRICS countries link their digital currencies. The goal here is to ease cross-border trade and tourism payments and...
India’s central bank is reportedly taking a cautious stance on stablecoins and other cryptocurrencies. “Stablecoins, cryptos, they have a huge risk, and so we are...
Indian FinTech company Paytm said Tuesday (Aug. 12) that its payments subsidiary received “in-principle” authorization from the Reserve Bank of India (RBI) to operate as...
Bank fraud in India nearly tripled during 2024, according to the country’s central bank. In its annual report Thursday (May 29), the Reserve Bank of India (RBI)...
After a 3% decline in the rupee since mid-December, the new chief of India’s central bank reportedly said Friday (Feb. 7) that the bank is...
The founder of Paytm expects the company’s banking unit to spring back to life. Last year, the Reserve Bank of India (RBI) all but shuttered...
India’s central bank says the country is making mobile payment links with several countries. Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar discussed those...