RBI asks Visa to stop unauthorised arrangement for commercial payments
The Reserve Bank, on Thursday, asked card network Visa to stop making payments
Source: theweek.in
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RBI flags business credit card violations by fintech companies
India Business News: A day after the RBI instructed payment networks Visa and Mastercard to stop enabling business credit card issuances by fintech aggregators, the centra
Source: indiatimes.com
The call for 'RegulateKaro' amid Paytm crisis in the fintech space
The Indian FinTech ecosystem, the third largest in the world, is expected to reach a market size of US$ 150 billion by 2025. Digital lending has become a US$ 270 billion market in 2022. However, recent years have seen an increase in financial fraud and irregularities, leading to a lack of trust in the sector. The RBI has implemented regulations and guidelines to address these concerns, including registration requirements for FinTech companies and enhanced data privacy measures.
Source: indiatimes.com
An edge SA Fintech developers need, the finger on the pulse
When we understand these regulatory frameworks and consumer preferences we then can develop relevant and impactful solutions.
Source: memeburn.com
LIC gets RBI approval to acquire 9.99% stake in HDFC Bank
The Reserve Bank of India (RBI) has accorded its approval to LIC for acquiring aggregate holding up to 9.99 per cent of the paid-up share capital or voting rights of HDFC Bank Limited.The approval has been granted with reference to the ...
Source: prokerala.com