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4 ARTICLES

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RBI sets a tough test for Slice-NESFB merger

The central bank’s approval is contingent on the fintech and the ailing lender fulfilling a number of conditions stipulated by it for the deal to pass muster.

12 Oct 2023

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The RBI is going after fintechs on KYC checks

The regulator sees widely varying implementations of know your customer norms as a systemic problem.

19 Jul 2022

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The scramble within India’s BNPL industry

The RBI’s circular has led to some firms stopping pay later services, others to consider pivots and a few brazening it out in the hope of getting the regulator to blink.

27 Jun 2022

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RBI’s clarification is bad news for India’s BNPL sector

The industry is divided on the implications of a new rule on prepaid cards and wallets, but it looks like most pay later business models no longer work.