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RBI vs Government: The battle over India’s digital payments ecosystem explained

RBI vs Government: The battle over India’s digital payments ecosystem explained

28 May 2025, 17:01 PM

A decade-old debate ends with government formalizing oversight of payments through Payments Regulatory Board, redefining roles across RBI, NPCI and fintech.

What led Google-backed DotPe to shut down its lending unit

What led Google-backed DotPe to shut down its lending unit

23 May 2025, 03:35 AM

DotPe’s ambitious foray into financial services has come to a halt barely a year after launch, following a rapid build-up of lending volumes…

Madras HC grants anticipatory bail to Strata founder in email impersonation case

Madras HC grants anticipatory bail to Strata founder in email impersonation case

06 May 2025, 11:40 AM

According to the case details, Strata CEO Sudarshan Lodha was accused of creating a fake email ID to impersonate a SEBI employee to obtain confidential financial information...

Exclusive: Paytm’s payment aggregator unit fires all senior executives

Exclusive: Paytm’s payment aggregator unit fires all senior executives

04 Apr 2025, 15:08 PM

Nearly 10-15 senior executives—at the AVP, VP, and SVP levels—have been let go from Paytm Payments Services Limited, which is still awaiting its final PA licence from the RBI.

UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?

UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?

31 Mar 2025, 13:42 PM

While the government insists UPI is free, hidden charges, unsustainable incentives, and industry frustrations tell a different story.

Fintech Hightlights

  1. Cross-border payments startup Aspora bags $53 million in Series B funding

  2. Mahaveer Finance raises Series C funding from Elevation Capital, others

  3. Techfino secures Rs 65 crore funding from Stellaris, Saison

  4. UGRO Capital to acquire Profectus for $162 million

  5. Saswat Finance bags pre-Series A funding led by Ankur Capital
  6. Read more highlights...

AI/Emerging Tech

  1. Darwix AI bags seed funding

  2. Google plans to snap ties with Scale AI after Meta's "significant" investment

  3. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  4. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case