23 Feb 2025, 21:01 PM
The RBI wants lenders to eliminate foreclosure charges or pre-payment penalties on all floating rate loans availed by individuals and micro and small enterprises.
13 Feb 2025, 19:16 PM
In April last year, the RBI restricted Kotak Mahindra Bank from onboarding new customers through online channels and issuing new credit cards.
12 Feb 2025, 16:24 PM
Easebuzz claims it processes an annualized gross transaction value (GTV) of $30 billion, serving more than two lakh businesses.
07 Feb 2025, 17:01 PM
The fintech giant plans to exit the account aggregator (AA) space, and said it will partner with other AAs.
04 Feb 2025, 16:44 PM
The RBI recently set up a committee to evaluate applications for universal banks as well as small finance banks.
27 Jan 2025, 13:17 PM
The Noida-based fintech giant, which has re-applied for the payment aggregator license, is undergoing internal restructuring.
27 Jan 2025, 10:47 AM
The company has reportedly briefed the Reserve Bank of India about its fundraising plans.
22 Jan 2025, 14:22 PM
X10, according to the RBI, violated guidelines on the code of conduct in outsourcing of financial services in its digital lending operations.
22 Jan 2025, 10:20 AM
Skydo currently serves over 12,000 exporters in India, processing over $250 million in annual export payments.
20 Jan 2025, 23:17 PM
The Standing External Advisory Committee has been set up by RBI to assess the eligibility of applicants seeking to operate as universal banks and small finance banks.
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.
