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
Getting your Trinity Audio player ready...
India’s already loss-making payments industry gets shaken up again

You may also like

Business
Story image

The Rs 590-crore blame game at IDFC First Bank

Divergent narratives from the Haryana government and the lender raise deeper questions on oversight, authorizations and systemic lapses—answers that may emerge only after a forensic audit.

Business
Story image

Exclusive: Jana Small Finance Bank to reapply for universal bank licence in May

The Bengaluru-based lender is once again gearing up to seek the RBI’s nod after the central bank returned its application last year.

Business
Story image

CSB Bank’s deposits are a ticking time bomb

The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.