RBI extends Paytm Payments Bank transaction curb deadline to 15 March

Mumbai, Feb. 16 -- The Reserve Bank of India (RBI) on Friday extended by 15 days the deadline for stopping transactions at Paytm Payments Bank, part of One 97 Communications or Paytm. Customers now ha... Read More

Pause BPSP payments: RBI to card network

Mumbai, Feb. 15 -- The Reserve Bank of India (RBI) said in a statement on its website that it has asked a card network to pause payments under an arrangement that allowed businesses to make card payme... Read More

RBI directs unnamed card network to halt 'unauthorised' payment method

Mumbai, Feb. 15 -- The Reserve Bank of India (RBI) said it has asked a card network, which it did not name, to pause payments under an arrangement that allowed businesses to make card payments to enti... Read More

EY conducting forensic audit of Bandhan Bank loans worth Rs.23,000 crore

Mumbai, Feb. 12 -- Big-Four accounting firm EY is conducting a forensic audit on a portion of Bandhan Bank's loan book for which the lender availed government guarantees, said two people aware of the ... Read More

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