![](https://a.espncdn.com/photo/2024/0628/r1351549_600x400_3-2.jpg)
India weighs delaying caps on UPI market share in win for PhonePe, Google Pay
India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI payments rail by one to two years, sources familiar […]
India’s central bank cracks down on Kotak Mahindra Bank over IT, risk management lapses
India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers through its online and mobile banking channels, and to stop issuing fresh credit […]
Fintech CRED secures in-principle approval for payment aggregator license
CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch […]
India scrambles to curb PhonePe and Google’s dominance in mobile payments
The National Payments Corporation of India (NPCI), the governing body overseeing the country’s widely used Unified Payments Interface (UPI) mobile payment system, is set to engage with various […]