Permanent Deletion of Transactions Would Make CBDCs Like Cash: RBI Governor
India's trials of its eRupee digital currency are already in its advanced phases, paving way for its widespread adoption and… Read More
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Paytm Payments Bank Board Is Independent, Paytm CEO Vijay Sharma Says
The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of… Read More
Paytm Payments Bank CEO Surinder Chawla Resigns
Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on… Read More
Why the RBI Wants to Support CBDC Distribution via Non-Bank Payment Firms
Several countries, including India, are expanding central bank digital currency (CBDC) trials, hoping to integrate then with their existing financial… Read More
DIGITA: RBI mulls to set up Digital India Trust Agency to check illegal lending apps – ET Government
DIGITA would be entrusted with the responsibility of vetting digital lending apps.New Delhi: As part of its efforts to curb… Read More
Paytm Gets Third-Party UPI App License as Banking Unit Halts Operation
Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license… Read More
Paytm Payments Bank Said to Cut About 20 Percent of Staff Ahead of Halt
Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty… Read More
Paytm Payments Bank Hit With Penalty of Over Rs. 5 Crore by FIU
India's Financial Intelligence Unit (FIU) on Friday imposed a penalty of Rs. 5,49,00,000 ($662,565) on Paytm's banking arm, Paytm Payments… Read More
Paytm Terminates Some Ties With Troubled Payments Bank Unit
Payments firm Paytm on Friday cut some ties with its payments bank unit, which India's banking regulator has ordered to… Read More
RBI Moves to Keep UPI Transactions Working on Paytm
The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine… Read More