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 an online payment aggregator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Bank fraud in India nearly tripled during 2024, according to the country’s central bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
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 working to maintain stability without hurting market efficiency. Get the Full Story Complete the form to unlock this article and...
The founder of Paytm expects the company’s banking unit to spring back to life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
September 09, 2022
In India, a broadening by the Reserve Bank of India (RBI) of the ways and means through which citizens can send money abroad will open the floodgates to FinTechs and other businesses dealing with cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS […]
January 28, 2019
Barring any reprieve, Feb. 1 marks a sea change for India’s eCommerce sector. New rules may hobble giants like Amazon and Flipkart from offering discounts or investing in nascent marketplaces. Here’s why...
November 23, 2017
Anniversaries are a time for reflection, and one year into India’s grand de-monetization drive, the results are mixed. Counterfeiting activity has simply moved to embrace the new notes. GDP is...
July 13, 2017
Over the last 18 months, India has moved full-speed ahead from a nearly entirely cash-based society to one with ambitions of being totally cashless. The most public — and most famous...
November 20, 2025
India’s central bank is reportedly taking a cautious stance on stablecoins and other cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]
August 12, 2025
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 an online payment aggregator. Get...
May 29, 2025
Bank fraud in India nearly tripled during 2024, according to the country’s central bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
February 07, 2025
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 working to maintain stability without...
