27 Nov 2025, 12:13 PM
The central bank's final approval comes as a huge regulatory relief to Paytm after its bid to get the PA license was rejected earlier.
19 Nov 2025, 17:47 PM
The Bengaluru-based startup will use its expanded authorization to strengthen its cross-border payment infrastructure, among others.
19 Nov 2025, 17:23 PM
Recently, newly listed fintech major Pine Labs and PayU India also got RBI's approval for the three licenses.
17 Nov 2025, 15:05 PM
The approval comes as the Prosus-owned company is inching closer to acquiring a point-of-sale (PoS) player.
11 Nov 2025, 19:10 PM
The SRPA was an entity floated by industry association Payments Council of India (PCI) to qualify as an SRO under the RBI’s framework.
06 Nov 2025, 12:50 PM
The approval paves the way for Junio to roll out a digital wallet service integrated with the Unified Payments Interface (UPI).
28 Oct 2025, 14:34 PM
This authorization will allow the subsidiary to provide escrow solutions, facilitate international money transfers, and onboard merchants through the GIFT City framework.
25 Oct 2025, 12:18 PM
Paytm had applied to the Central Bank of the UAE for two licences — one covering acquiring and domestic payments, and another for a wallet-type product.
16 Sep 2025, 12:10 PM
Pine Labs, which competes which other fintech companies such as Paytm, Walmart's PhonePe and Razorpay, had filed draft papers for its IPO in June.
04 Sep 2025, 17:32 PM
Amazon had first invested in Axio (formerly Capital Float) in 2018, injecting $22 million at about $350 million valuation.
05 Aug 2025, 12:44 PM
A major violation involved the company's failure to inform regulators about key leadership personnel holding board positions at other firms.
29 Jul 2025, 13:04 PM
Ajay Seth's most recent role was as finance secretary, preceded by his tenure as secretary in the Department of Economic Affairs.
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.
07 Apr 2025, 15:48 PM
Once approved, India Fintech Foundation (IFF) will be the second Fintech-SRO after Fintech Association of Consumer Empowerment (FACE).
17 Mar 2025, 20:11 PM
As of now, state-owned General Insurance Corporation of India (GIC Re) is the only reinsurer in the country.
