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Reserve Bank of India (RBI) is set to disrupt the cloud services sector with the launch of its own indigenous cloud platform by 2025.
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Following RBI's actions against Paytm Payments Bank (PPBL), the Directorate of Enforcement (ED) is reportedly conducting a preliminary probe.
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Amid RBI's curb on Paytm Payments Bank Ltd (PPBL), Founder & CEO Vijay Shekhar Sharma on Tuesday met Finance Minister Nirmala Sitharaman.

Paytm witnessed a 42 percent fall in its stocks after RBI's curb. Today, Paytm shares were trading at a 5 percent increase. Jio is rumored to acquire Paytm wallet.

RBI today announced that with effect from February 29, 2024, Paytm Payments Bank won't be allowed to accept deposits or top-ups in customer accounts.
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Tata Pay, a digital payments app under Tata Digital has secured a payment aggregator (PA) license from RBI.
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The legal concerns and regulation of cryptocurrency in India isn't something afresh. RBI is exploring a legal central bank digital currency.
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Paytm amid YES Bank obstruction took on Twitter to offer an alternate solution to its customers and got a stiff response from its arch-rival PhonePe.
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The Reserve Bank of India (RBI) on Thursday (5 March) imposed a moratorium on YES Bank capping the withdrawal limit to INR 50,000 per depositor till 3 April.
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The Supreme Court of India yesterday (4 March 2020) revoked the ban imposed by the RBI that restrains banks to permit cryptocurrency related payments...