Tag: Reserve Bank of India

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RBI: RBI plans 2025 launch of cloud services, countering dominance of global firms

India's central bank will launch a pilot programme in 2025 offering local cloud data storage to financial firms at affordable prices, according to...

Cashfree Payments: Cashfree Payments receives prepaid payment instrument licence from RBI

Cashfree Payments on Tuesday said it has received the Prepaid Payment Instrument (PPI) licence from the Reserve Bank of India (RBI).With the PPI...

fraud accounts: Biz correspondents face A/C freeze as fraudsters hop on agent network

The issue of fraud and mule accounts is biting into the domestic money remittance industry, as business correspondents (BCs) who process such transactions...

Fintech: Fintech firms’ NBFC co-lending biz under stress after RBI action

Fintech firms which rely on co-lending partnerships with large non-banking finance companies (NBFCs) could be in for more stress, after the Reserve Bank...

Cashfree Payments: Cashfree appoints Nitin Pulyani as its head of product

Digital payments startup Cashfree Payments has appointed Nitin Pulyani as the head of product and a senior vice president in the company. Pulyani...

Mobikwik secures Sebi nod for Rs 700-crore public listing

Gurugram-based fintech Mobikwik has secured the Securities and Exchange Board of India (Sebi)’s approval for its planned public listing. The company had filed...