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.
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.
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.
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.
04 Nov 2024, 22:25 PM
The Bengaluru-based payments firm faced a year long ban on new merchant onboarding.
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.
16 Aug 2024, 18:57 PM
After observing some peer-to-peer lending platforms violating the RBI's guidelines, the central bank has announced modifications to the master directions of NBFC-P2P.
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)
