RBI Moves to Ensure UPI Transactions on Paytm Continue to Work After Strictures on Paytm Payments Bank

The Reserve Bank of India (RBI) has requested the National Payments Corporation of India (NPCI) to examine a request from Paytm to become a third-party application provider, in order to allow UPI payments on Paytm to continue working after the central bank’s wind down date for Paytm Payments Bank. …

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RBI Not Planning Harsher Rules to Curb Fintech Sector After Paytm Strictures, Official Says

The Reserve Bank of India does not plan to impose drastic measures on India’s fintech sector after the recent action against Paytm Payments Bank, according to P Vasudevan, an executive director in charge of enforcement at the central bank. Paytm has been in the crosshairs of the regulator for some…

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Market to open positive amid mixed global cues

Analysts expect the market to open calm in the first couple of hours as RBI will pronounce the MPC outcome after three days of deliberations Read More | Source: The Hindu Business Line…

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Bandhan Financial Holdings looks to strengthen IDFC AMC’s product portfolio and distribution network post acquisition

Sources say Bandhan, which started by lending to the bottom of the pyramid, is well placed to capitalise on semi-urban and rural markets Read More | Source: The Hindu Business Line…

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