The Reserve Bank of India (RBI) said it has lifted restrictions on Kotak Mahindra Bank, allowing the lender to ...

In April last year, the RBI placed restrictions on the bank as it failed to plug gaps in its information technology (IT) ...

Almost a year since the Reserve Bank of India’s (RBI) regulatory curbs, fintech giant Paytm has had a 32.7% year-on-year decline in its income going from making Rs 2999 crore in December 2023 to ...

Jain's exit comes as Paytm awaits clearance from the Reserve Bank of India on its resubmitted application for a Payment Aggregator license.

Paytm's strategy to onboard more merchants continues to yield results. In Q3 FY25, the company added one million new ...

Unlike consumers in the West, many Indian consumers have leapt straight to mobile banking and wallets without any experience ...

The Reserve Bank of India had wound down Paytm's banking unit in January 2024, citing persistent compliance issues, sparking worries about its digital payments business. "Paytm's fundamentals are ...

Paytm’s founder expects his bank to get a fresh lease on life from Indian regulators, after he distanced that company from his larger fintech empire. The Reserve Bank of India last year imposed ...

The Reserve Bank of India (RBI) is set to infuse a record 2.50 trillion rupees ($28.85 billion) into the banking system ...