PayU’s India play is too complex for RBI’s liking
The Naspers-owned company is at a loss to explain its convoluted ownership structure, even as it grapples with the regulator’s reluctance to grant it a payment aggregator licence.
30 March, 2023•9 min
0
30 March, 2023•9 min
0
More in Internet
Internet
China’s Meituan is exploring India
The tech giant is trying to reacquaint itself with the market and understand new sectors.
You may also like
Internet
Prosus bets long (perhaps too long) on ixigo investment
The technology investor’s move to pour Rs 2,000 crore into the online travel aggregator comes as a surprise. Can ixigo live up to the promise of becoming India’s next big travel platform?
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.