09 Jan 2025, 19:14 PM
In October, the banking regulator had barred four NBFCs to "cease and desist" from sanction and disbursal of loans.
06 Jan 2025, 09:49 AM
This story delves into Stashfin’s business operations – which have largely remained out of the public and media spotlight, as the company prefers to keep things under wraps.
02 Jan 2025, 14:18 PM
Last year, The Head and Tale reported that NPCI was facing difficulty in implementing the 30% cap on UPI market share; and the market was going to miss the December 2024 deadline too.
27 Dec 2024, 18:11 PM
The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models/applications in the Indian financial sector.
27 Dec 2024, 17:52 PM
Currently, UPI payments from/to a bank account can be carried out using the UPI application of that bank or of any third-party application provider.
10 Dec 2024, 10:42 AM
The Pandora’s box opened when the Reserve Bank of India called the new directors of this NBFC to a meeting on November 8…
09 Dec 2024, 18:07 PM
Malhotra replaces Shaktikanta Das whose six year tenure comes to an end on December 10, 2024.
06 Dec 2024, 22:06 PM
RBI Governor Shaktikanta Das announced that small finance banks will now be permitted to provide pre-sanctioned credit lines through UPI.
05 Dec 2024, 11:55 AM
The wallet limit for UPI Lite has been raised from Rs 2,000 to Rs 5,000, while the cap for offline transactions has been doubled from Rs 500 to Rs 1,000.
02 Dec 2024, 18:49 PM
In October, the banking regulator had barred Navi Finserv and three other NBFCs to "cease and desist" from sanction and disbursal of loans.
26 Nov 2024, 18:43 PM
According to the data revealed by the Ministry of Finance in a reply to Parliament, UPI fraud incidents surged by 85% in FY24.
13 Nov 2024, 10:56 AM
A source claims LazyPay recently received a letter from the RBI flagging issues in its customer onboarding process, but the company strongly denies receiving any such communication.
11 Nov 2024, 12:07 PM
The Bengaluru-based company is "piloting with half a dozen sizable merchants that will be over by the end of this year."
23 Oct 2024, 14:54 PM
The onboarding process was suspended in February this year due to directives from the Reserve Bank of India (RBI).
17 Oct 2024, 21:20 PM
This action, according to the RBI, is based on material supervisory concerns observed in the Pricing Policy of these companies.
20 Sep 2024, 16:27 PM
More than a month after the RBI’s crackdown on peer-to-peer (P2P) lending, the Lendbox-MobiKwik partnership is showing cracks, with investors facing a lack of transparency.
24 Jul 2024, 03:43 AM
The much-coveted payment aggregator license maybe losing its sheen as it has turned into a regulatory nightmare for some.
![[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants](/upload/theheadandtale.com/2024/11/1731475589_lazypay.jpg)
