India’s already loss-making payments industry gets shaken up again

The RBI’s latest draft guidelines to regulate payment aggregators have sparked concerns about a potential increase in the cost of doing business.

28 April, 202412 min
0
India’s already loss-making payments industry gets shaken up again

You may also like

Internet
Story image

Mysterious other income lifts Pine Labs’s middling performance

The payments firm had a ‘record’ quarter without making any significant headway in its businesses.

Business
Story image

Yes Bank’s succession problem is a board problem

As Prashant Kumar’s term runs out, boardroom fault lines have left the lender with no clarity on its next CEO—spooking investors and drawing the RBI’s ire.

Internet
Story image

PhonePe’s transition from payments to a financial services company is incomplete

The company’s IPO plans come amid weak numbers, slow growth of new platforms, challenges in its core payments business and a rather dull stock market.