RBI

Report: Paytm Verges on Regulatory Victory Amid Larger Troubles
Report: Paytm Verges on Regulatory Victory Amid Larger Troubles
February 11, 2024  |  Regulation

Paytm is reportedly set for a small regulatory win while facing bigger government headaches. The government of the FinTech’s home country of India is on the...

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Report: Paytm Rebuts Money Laundering Claims Amid RBI Probe
Report: Paytm Rebuts Money Laundering Claims Amid RBI Probe
February 04, 2024  |  Bank Regulation

India’s banking regulator has reportedly found thousands of Paytm Payments Bank accounts created without proper identification. The Reserve Bank of India (RBI) has turned this information...

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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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Paytm Stock Drops 20% After Downgrade for Scaling Back Loan Sizes
Paytm Stock Drops 20% After Downgrade for Scaling Back Loan Sizes
December 07, 2023  |  Loans

 Paytm’s stock hit a two-year low Thursday (Dec. 7) after it changed its small-ticket loan policy and brokers downgraded its stock.  The Indian FinTech had announced earlier...

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Burger King Owner Sees Drive-Thru as a Hold Back to Digital Transformation
Burger King Owner Sees Drive-Thru as a Hold Back to Digital Transformation
November 03, 2023  |  Retail

As Restaurant Brands International (RBI) looks to reach 100% digital sales, the drive-thru channel remains a sticking point.  The quick-service restaurant (QSR) giant, which owns Burger...

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RBI Fines Paytm Payments Bank for KYC Violations
RBI Fines Paytm Payments Bank for KYC Violations
October 12, 2023  |  Regulation

India’s central bank, the Reserve Bank of India (RBI), has fined Paytm Payments Bank for non-compliance, including Know Your Customer (KYC) regulations, according to an...

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Consumers Will Eat at QSRs as Long as They Are Employed, Says RBI CEO
Consumers Will Eat at QSRs as Long as They Are Employed, Says RBI CEO
May 02, 2023  |  Earnings

As inflationary pressures persist, as long as employment remains high, QSRs are fine. That’s according to Restaurant Brands International (RBI), parent company of Burger King,...

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Increasing RuPay, UPI Acceptance In EU, Middle East Helps Indian Travelers Spend With Ease
Increasing RuPay, UPI Acceptance In EU, Middle East Helps Indian Travelers Spend With Ease
October 18, 2022  |  Cross-border Payments

When the Reserve Bank of India (RBI) outlined its vision for a national payment system that would rival international card schemes, its primary goals were...

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FinTechs Ask Indian Central Bank For More Time to Adopt Payments Rule
FinTechs Ask Indian Central Bank For More Time to Adopt Payments Rule
June 24, 2022  |  Regulation

Representatives from the FinTech industry are asking India’s central bank for more time to adhere to its new prepaid payment instruments (PPI) rule. The Reserve...

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