India Not Planning Harsher Rules to Curb Fintechs, Official Says bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Struggling fintech firm Paytm agreed on a new banking partnership with Axis Bank Ltd., giving India’s answer to PayPal a better shot at staying in business after a raft of regulatory concerns.Most Read from BloombergAlexey Navalny, Jailed Activist Who Defied Putin, Dies at 47Bond Yields Climb as PPI Curbs Dovish Fed Wagers: Markets WrapHawaii Rightly Rejects Supreme Court’s Gun NonsenseApple Readies AI Tool to Rival Microsoft’s GitHub CopilotPutin Steps Into US Race to Back ‘Old-S
Paytm Set for Small Win as India Close to Approving Investment bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) India’s banking regulator stunned the finance and tech industries by abruptly suspending much of digital giant Paytm’s business late Wednesday. But the surprise move came only after the watchdog had warned the fintech pioneer repeatedly in the past two years about questionable dealings between its popular payments app and its lesser-known banking arm.Most Read from BloombergTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyHouse Passes $78 Billion Business, Ch