The Reserve Bank of India has launched its Innovation Hub (RBIH), a program designed to promote access to financial services and increase financial inclusion. First...
Paytm CEO Vijay Shekhar Sharma said investors in his firm do not have access to customer data, in a bid to ease concerns over reports...
Paytm Payment Bank is being audited by the Reserve Bank of India (RBI) over allegations that it engaged in data sharing with organizations based in...
India’s central bank has blocked Paytm Payments Bank from welcoming new customers pending an audit of its IT systems, according to a press release Friday...
India’s central bank says the country’s largest carpooling and bike pooling app is operating an unauthorized prepaid wallet. The Reserve Bank of India (RBI) issued...
Cryptocurrencies are like a pyramid scheme and should be banned in India, a deputy governor at the country’s central bank said Monday (Feb. 14). As...
The e-Rupi voucher cap is increasing to ₹1 lakh, which will add to digital payments offline and make for more direct transfers without a bank...
India’s finance minister just announced that India’s next budget will include a 30% tax on cryptocurrency, suggesting a long-feared total ban is likely off the...
India’s central bank is setting up a FinTech department to drive innovation, oversee the exchange of cryptocurrencies and develop regulations for the release of its...