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Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
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Google Asked by RBI, MeitY to Step up Checks Against Illegal Lending Apps in India: Report
The government and the Reserve Bank of India have urged Google to introduce tight checks to help curb the use of illegal digital lending applications in India. Google has been asked to ensure that only whitelisted loan apps are available for download on the Google Play Store. As per RBI’s digital lending norms, all loan disbursals and repayments ...
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RBI to Prepare ‘Whitelist’ of Approved Instant Finance Apps Amid Proliferation of Illegal Loan Apps
Finance Minister Nirmala Sitharaman has directed the Reserve Bank of India (RBI) to prepare a ‘whitelist’ of instant finance apps, that are genuinely clear to operate in the nation. Once the whitelist is prepared, MeitY will ensure that only the apps with RBI clearance will feature on application stores.
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Multi-Crore Loan Apps Scam Caught In Hyderabad, Gurgaon; RBI Warning Out
Hyderabad Police have frozen 75 bank accounts holding Rs 423 crore in connection with a multi-crore money lending and microfinance scam - that charged victims up to 35 per cent interest - conducted via 30 mobile apps that were not approved by the RBI
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Xiaomi Mi Credit Personal Loan Service Re-Launched in India With Promise of Real-Time Approval, Paperless KYC
Xiaomi has relaunched the Mi Credit personal loan service in India with a promise of real-time approval and paperless KYC.
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Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
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Google Asked by RBI, MeitY to Step up Checks Against Illegal Lending Apps in India: Report
The government and the Reserve Bank of India have urged Google to introduce tight checks to help curb the use of illegal digital lending applications in India. Google has been asked to ensure that only whitelisted loan apps are available for download on the Google Play Store. As per RBI’s digital lending norms, all loan disbursals and repayments ...
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RBI to Prepare ‘Whitelist’ of Approved Instant Finance Apps Amid Proliferation of Illegal Loan Apps
Finance Minister Nirmala Sitharaman has directed the Reserve Bank of India (RBI) to prepare a ‘whitelist’ of instant finance apps, that are genuinely clear to operate in the nation. Once the whitelist is prepared, MeitY will ensure that only the apps with RBI clearance will feature on application stores.
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Multi-Crore Loan Apps Scam Caught In Hyderabad, Gurgaon; RBI Warning Out
Hyderabad Police have frozen 75 bank accounts holding Rs 423 crore in connection with a multi-crore money lending and microfinance scam - that charged victims up to 35 per cent interest - conducted via 30 mobile apps that were not approved by the RBI
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Xiaomi Mi Credit Personal Loan Service Re-Launched in India With Promise of Real-Time Approval, Paperless KYC
Xiaomi has relaunched the Mi Credit personal loan service in India with a promise of real-time approval and paperless KYC.
