India’s central bank is considering allowing payment banks and other finance companies to become lenders. Get the Full Story Complete the form to unlock this...
The Reserve Bank of India (RBI) is moving forward with plans to publish an index showing the extent of digital payment adoption in the country,...
India has seen a steady stream of digital payments since it locked down to prevent the spread of COVID-19, but the nation of 1.3 billion...
WhatsApp, the Facebook-owned messenger program, is expected to enter India’s payments market after becoming compliant with the country’s data-localization standards, according to a report from...
Punjab National Bank shares fell by nearly 6 percent late Thursday (June 9) after it was defrauded $491 million by one of its customers, The...
Google Pay, the leader in India’s instant real-time payment system Unified Payments Interface (UPI), temporarily turned off its app’s “check account balance” feature during PhonePe’s...
The Indian government has seized control of its fourth-largest private bank as it organizes a bailout plan and temporarily limits how much depositors can withdraw,...
Will India prove to be a model for open banking? Will it be a fast follower – or a cautionary tale? Get the Full Story...