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Indian fintech payment firms have no data advantage over banks: Moody’s
As the Reserve Bank of India (RBI) barred Paytm from taking on new customers for its Payments Bank, a new report on Thursday said...
Private cryptocurrencies pose risk, prone to frauds, illegal acts: RBI report
The Reserve Bank of India on Wednesday said the proliferation of private cryptocurrencies across the globe has sensitised regulators and governments to the associated...
Banks to have nationwide credit outreach programme this year: FM
Finance Minister Nirmala Sitharaman on Wednesday said that public sector banks (PSB) will adopt a nationwide credit outreach programme this year.
Addressing the media in...
RBI extends RBL Bank’s interim MD and CEO Ahuja’s tenure
The Reserve Bank of India has extended the tenure of RBL Bank's interim Managing Director and Chief Executive Officer Rajeev Ahuja by three months.
In...
2nd Covid wave to impact credit card spends in near term
The second wave of Covid is likely to impact credit card expenditures, new card sourcing, according to a report by Axis Securities.
The 'Credit Card...
