india

India (official name: the Republic of India; Hindi: Bhārat Gaṇarājya) is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.

Source: en.wikipedia.org

Report: Paytm Bank Closure Was Result of Conflicts of Interest
Report: Paytm Bank Closure Was Result of Conflicts of Interest
February 01, 2024  |  Regulation

For Indian regulators, Paytm Payments Bank was apparently too close with its parent company. The Reserve Bank of India (RBI) this week announced it was suspending business at the...

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Regulator Closes Paytm’s Bank After ‘Persistent Noncompliances’
Regulator Closes Paytm’s Bank After ‘Persistent Noncompliances’
January 31, 2024  |  Regulation

India’s banking regulator ordered Paytm Payments Bank to stop conducting business. The Reserve Bank of India made the order Wednesday (Jan. 31), saying an audit...

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Digital Payments Change ‘Basic Plumbing’ of Indian Society
Digital Payments Change ‘Basic Plumbing’ of Indian Society
January 21, 2024  |  Digital Payments

How ubiquitous have digital payments become in India? As Australia’s Sydney Morning Herald reported Saturday (Jan. 21), street-side produce vendors in the country now include...

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DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
January 17, 2024  |  Acquisitions

DMI Group, a pan-India financial services platform, has acquired ZestMoney, a digital credit provider in India.  The acquisition will allow DMI to incorporate the ZestMoney checkout...

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State Bank of India Chair Applauds Crackdown on ‘Unhealthy’ Loans
State Bank of India Chair Applauds Crackdown on ‘Unhealthy’ Loans
January 17, 2024  |  Loans

The chair of India’s biggest bank said his country was right to restrict unsecured loans. That crackdown, the State Bank of India’s Dinesh Khara told...

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Google Aims to Take UPI Payments Beyond India’s Borders
Google Aims to Take UPI Payments Beyond India’s Borders
January 17, 2024  |  Google

Google Pay is working to expand India’s popular mobile payment system beyond that country’s borders. The tech giant has signed an agreement with the National...

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Apple Removes Binance From Indian App Store Amid Crypto Crackdown
Apple Removes Binance From Indian App Store Amid Crypto Crackdown
January 10, 2024  |  Cryptocurrency

Apple reportedly removed Binance and seven other cryptocurrency platforms from its Indian App Store. The move, requested by the Indian government, marks an escalation in...

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Real-Time Payments Put Spotlight on Small Businesses as New Year Begins
Real-Time Payments Put Spotlight on Small Businesses as New Year Begins
January 09, 2024  |  Real-Time Payments

As the new year begins, the global demand for faster, streamlined transactions continues to fuel the expansion of real-time payments worldwide. Countries are employing diverse...

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Sony’s $10 Billion Zee Merger at Risk of Collapse
Sony’s $10 Billion Zee Merger at Risk of Collapse
January 08, 2024  |  International

Sony’s India unit is reportedly ready to cancel its $10 billion merger with Zee Entertainment. The deal, in the works since 2021, is at risk due to an...

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