P2P lending platform PaisaDukan raises second round of seed funding

Keshav Sunkara

Mumbai-based fintech firm BigWin Infotech Pvt. Ltd, which owns yet-to-be-launched peer-to-peer lending marketplace PaisaDukan.com, ....

8 May, 2018

Local storage of payment data to inspire confidence, entice transactions

Bipin Preet Singh

It was just another weekday on the sixth of April when a directive by Reserve Bank of India (RBI) asking all payment companies ....

7 May, 2018

Why cryptocurrency trading volumes have surged since RBI clampdown


A month after the Reserve Bank of India barred regulated lenders from facilitating cryptocurrency transactions, trading volumes ....

4 May, 2018

Cryptocurrency firms weigh shifting overseas, legal options after RBI crackdown

Anirban Ghoshal

Indian cryptocurrency exchanges are considering moving their operations outside the country and other options to carry on trading ....

9 April, 2018

Singapore blockchain firm ZPX raises $1.3 mn from SeedPlus, others

Anirban Ghoshal

Singapore’s blockchain firm ZPX on Thursday said it has raised $1.3 million (Rs 8.4 crore) in a fundraising round led by ....

5 April, 2018

Banks can’t deal with bitcoin exchanges, payment firms must store data in India: RBI

Anirban Ghoshal

The Reserve Bank of India on Thursday barred banks, non-bank lenders, digital wallets and any other entities it regulates from ....

5 April, 2018

P2P lending startups mull blockchain tech to share info, curb fraud

Anirban Ghoshal

Indian peer-to-peer lending startups are considering a private blockchain to facilitate sharing of information as a risk-mitigation ....

29 March, 2018

Paytm to merge wallet business with payments bank

Arti Singh

One97 Communications Ltd, the owner of digital wallet Paytm, said on Monday it will merge its wallet business with its upcoming ....

5 December, 2016

Exclusive: Bitcoin startup Zebpay in talks to raise funds

Priya Prasad

Zebpay, a bitcoin exchange platform and mobile wallet, is in talks to raise $4 million to upgrade its servers and enhance its ....

11 November, 2016

RBI allows startups to raise $3 mn a year in overseas loans


The Reserve Bank today permitted startups to raise external commercial borrowings (ECBs) of up to USD 3 million in a financial ....

27 October, 2016

Startups can raise up to $3 mn from foreign lenders, new norms for pre-paid instruments: RBI

Aman Malik

The Reserve Bank of India (RBI) will allow startups to raise up to $3 million (Rs 20 crore), everyfinancial year from overseas, ....

4 October, 2016

MobiKwik scraps 6% annual profit scheme

Arti Singh

Mobile wallet MobiKwik has scrapped a scheme that promised a so-called annual profit to its users after regulatory intervention, ....

7 June, 2016

Read what P2P lenders have to say about RBI's proposed norms

Priya Prasad

The Reserve Bank of India's (RBI) move to regulate online peer-to-peer lending (P2P) platforms augurs well for the nascent sector ....

26 May, 2016

Paytm ropes in ex-RBI exec Vipin Surelia for payments bank

Nishant Sharma

In a major move for its proposed payments bank, One97 Communications Pvt Ltd, which runs mobile payments and commerce platform ....

14 April, 2016

A look at key recommendations of RBI committee on mobile banking


The central bank has been both lauded and criticised by different sections of the industry over its moves related to allowing ....

14 February, 2014

Citizens with no bank accounts may be able to withdraw cash from ATMs, using feature phones

Sainul K

Reserve Bank of India (RBI) governor Raghuram Rajan has said that apex bank is working on a proposal to launch a payment system ....

12 February, 2014

Bitcoin traders resume operations on a trial basis amid regulatory concerns

Sainul K

Some Bitcoin traders, who had suspended operations after the Reserve Bank of India's (RBI) warning against the use of digital ....

15 January, 2014

Bitcoin operators seek legal clarity on digital currency trading in India

Sainul K

Bitcoin operators in India have sought legal clarity on trading of the virtual currency, in the wake of Reserve Bank of India's ....

6 January, 2014

Bitcoin traders shut operations after RBI warns against use of virtual currencies

Sainul K

Bitcoin operators in India have temporarily shut down operations after Reserve Bank of India (RBI) issued a warning against ....

27 December, 2013

RBI warns against use of virtual currencies like Bitcoins

Anand Rai

The Reserve Bank of India has cautioned the users, holders and traders of virtual currencies (including Bitcoins), about the potential ....

24 December, 2013

Reliance Payment Solutions gets RBI approval for prepaid wallet service Jio Money

Sainul K

Reliance Payment Solutions Ltd, a subsidiary of Mukesh Ambani-owned Reliance Industries Ltd (RIL), has obtained a licence from ....

7 November, 2013