Should RBI treat Reliance as a ‘Big Tech’?

If the central bank is consistent in its cautious approach to technology majors offering financial services, it could oppose Reliance’s fintech ambitions.

1 November, 20227 min
0
Should RBI treat Reliance as a ‘Big Tech’?

You may also like

Business
Story image

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
Story image

From India and Pakistan, two new banks for the Emirates

The acquisition of RBL and First Women Bank, Amazon Now in the Emirates and other updates from the week.

Business
Story image

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.