Tag: India
RBI publishes consultation on overseas investment liberalisation
The Reserve Bank of India (RBI) has introduced two consultation papers with an aim of liberalising the county’s overseas investment regulatory stance.
India’s Enforcement Directorate warns Flipkart of potential $1.3bn fine
India’s Enforcement Directorate has reportedly warned e-commerce giant Flipkart it could be faced with a $1.35bn fine for foreign investment law violations.
Payments platform Juspay releases details of cyberattack back in August 2020
Juspay, an end-to-end payments platform, has released details of a cyberattack back in August 2020, which leaked non-sensitive masked card information.
These are the 43 Chinese apps that India has banned because...
The Indian government has added to its list of Chinese apps that are banned in the country because of cybersecurity concerns.
WhatsApp given the green light to operate as a payment service...
Indian regulators has given WhatsApp a thumbs up, allowing the Facebook-owned app to operate as a payment service in the country.
Indian finance ministry official calls on financial service providers to work...
A top finance ministry official in India has called upon established financial service providers to be more open to collaborations with FinTech innovators.
India-based IDfy said to raise $2.1m in its new funding round
Digital KYC solution IDfy has reportedly raised around $2.1m in funding to support its growth and expansion plans.
Indian competition regulator dismisses antitrust case against WhatsApp’s payment services
Competition Commission of India (CCI) has dismissed a case accusing WhatsApp of abusing its market dominance in the payment space.
Bank of India to protect customers with REL-ID
Bank of India has selected REL-ID to improve the security for its customers by leveraging protection, detection and correction technologies.
Court extends period it’s keeping Yes Bank’s co-founder in custody on...
Rana Kapoor, the co-founder and former CEO of Yes Bank, is facing money laundering charges and will be staying in custody until at least March 20, a court has decided.
