Reserve Bank of India

Reserve Bank of India says it is not planning harsher rules to curb the country's fintech sector, weeks after abruptly suspending Paytm Payments Bank operations

Bloomberg :

India and Singapore link their UPI and PayNow digital payment systems to enable instant transfers between the two countries, initially capped at S$1,000 per day

Breaking: Polygon has laid off 100 people as part of a broader company restructuring … Andrew Gazdecki / The Economic Times : UPI is now linked with Singapore's PayNow; IAMAI urges Delhi govt not to p...

Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking it to comply with foreign direct investment guidelines and reapply

Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking it to comply with foreign direct investment guidelines and reapply

Ira Dugal / Reuters :

Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking it to comply with foreign direct investment guidelines and reapply

India's banking regulator has declined a payment aggregator licence for the One 97 Communications Ltd (PAYT.NS) …

India's central bank releases guidelines for digital lending, which is projected to reach $350B in India by 2023, after complaints over harsh recovery tactics

Malavika Kaur Makol / Bloomberg : Source: Reserve Bank of India .

India has indefinitely banned Mastercard from issuing new debit, credit, or prepaid cards over noncompliance with local data storage rules

Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit, or prepaid cards to customers in the South Asian market over noncompliance with local data storage rules.

WhatsApp to roll out its payments service in India this year, after developing a system that stores data locally to comply with Reserve Bank of India's policy

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