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.
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.
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.
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)
