Zerodha wants a payments bank licence, but the RBI isn’t keen

The Bengaluru-based brokerage wants to hold customer funds to build a faster payment system, but the central bank is wary of reopening what it sees as a failed experiment.

11 December, 202311 min
0
Zerodha wants a payments bank licence, but the RBI isn’t keen

You may also like

Business
Story image

Why IndusInd Bank promoter Ashok Hinduja was never really in the dark

As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.

Business
Story image

Banking on growth in 2026

A tumultuous year comes to a close for Indian banks, as they await a revival in borrowing in the new year.

Business
Story image

Another see-saw year for markets ahead?

2025 was a year of many contrasts for India’s stock market. The big hope for 2026 is of foreign investors coming back, as valuations temper and earnings growth picks up.