Tracxn: funding for Indian digital lending startups fell to $462M between January and August 2025 from $1.1B a year earlier, after RBI tightened lending norms
The Economic Times :
India's RBI grants Paytm “in-principle” approval to operate as a payment services provider for online merchants, after China's Ant Group sold its entire stake
Jagmeet Singh / TechCrunch :
Walmart's Flipkart secures a lending license from the RBI, letting the e-commerce company offer loans directly to Indian customers and sellers on its platform
Walmart's (WMT.N) Flipkart has secured a lending licence from the Indian central bank and banking regulator …
Jio Financial Services, part of Reliance, launches the JioFinance app to provide digital banking, bill payments, and other services in a crowded Indian market
How to use, top features, more Moneycontrol : Jio Financial Services launches ‘JioFinance’ app in beta version Jio Financial Services Ltd. : Jio Financial Services Ltd. unveils “JioFinance” … Business...
Jio Financial Services, part of Reliance, launches the JioFinance app to provide digital banking, bill payments, and other services in a crowded Indian market
How to use, top features, more Moneycontrol : Jio Financial Services launches ‘JioFinance’ app in beta version Business Today : Jio Financial launches beta version of JioFinance app; UPI, digital bank...
NPCI data: UPI transactions processed by Paytm fell 14% to $19.9B from January 2024 after RBI curbs, while PhonePe rose nearly 7% and Google Pay rose almost 6%
- Paytm loses usage even before any disruption to its systems — Services of Walmart, Google capitalize on Paytm's troubles
The RBI's crackdown on Paytm, Visa, and others seems driven by sketchy actors riding speed and scale, underpinned by issues of identity, tech, and competition
identity, technology and competition — need fixing. My piece for @opinion: https://www.bloomberg.com/... Aditya Kalra / @adityakalra : Today's column by @andymukherjee70 takes me back to this 2022 c...
The RBI's clampdown on Paytm has created confusion for millions of customers and raises questions about the Indian central bank's opacity and regulatory actions
The RBI's clampdown on Paytm has created confusion for millions of customers and raises questions about the Indian central bank's opacity and regulatory actions
Multiple Penalties, Yet Stakeholders Stunned By Paytm Bank Wreck. Why? — The financial meltdown of a digital payments pioneer …
Paytm shares fell 20% on February 2, after falling 20% on February 1, as the company reels from the RBI clampdown; Paytm lost $2.1B in market cap in two days
Manish Singh / TechCrunch :