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

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 ...

Continuing its dominance in the UPI ecosystem, fintech major PhonePe processed 810.2 Cr transactions in January 2025.

Each bank branch has its own IFSC code, which is assigned by the Reserve Bank of India (RBI). The code can easily be checked by the accountholders on the website of the RBI. A valid Indian ...

As anticipated, this growth was driven by the three leading apps—PhonePe, Google Pay, and Paytm—while several newly launched ...

The payment solutions provider had received the in-principle nod for the PA licence in 2022. Per the company, its payments platform is processing an annualised gross transaction value (GTV) of $30 ...

Paytm, Coforge, Federal Bank are among the top contenders to be included in the MSCI India Standard Index in its upcoming rebalancing. MSCI rebalancing announcement is scheduled for February 11 ...

India's central bank on Wednesday lifted restrictions on Kotak Mahindra Bank that had barred the lender from onboarding new ...

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