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Indians spending less on food, more on discretionary items -government survey

Indians are spending less on food, particularly staples like rice and wheat, and more on discretionary items such as processed food, as well as durables like televisions and fridges, government. -February 24, 2024 at 11:44 pm EST - MarketScreener

India central bank asks payment authority to consider Paytm request to become third party app provider

The Reserve Bank of India has asked the National Payments Corporation of India to examine a request from Paytm, formally known as One 97 Communications, to become a third party application.

India cenbank extends deadline for Paytm unit wind-down to March 15

India cenbank extends deadline for Paytm unit wind-down to March 15
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Amid Paytm crisis, Indian non-bank lenders explore options for loan disbursal

Indian non-bank lenders are looking at options other than Paytm for for loan disbursal, worried about the regulatory crisis engulfing the firm that has led to a temporary halt of lending services,.

India s Paytm bank s slow drop-off in transactions may prompt deadline extension -sources

Paytm Payments Bank, which India s central bank has ordered to wind down by Feb. 29, is seeing transactions it handles slowly drop off as customers are uncertain what will happen in March,.

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