News Finance Ministry plans to create legal framework for CBDCs based on RBI’s proposal In Parliament, the government revealed its position on Bitcoin as legal tender and made its case for a CBDC. MitakshNovember 30, 2021
News Visa lodges complaint with US govt stating India’s promotion of RuPay disturbs level-playing field: Report The frustrated company flagged a public endorsement of RuPay from Prime Minister Modi as proof. MitakshNovember 29, 2021
News How cryptocurrencies get their value, are we in a bubble, and can crypto be regulated? Raghuram Rajan answers 'Regulators are struggling': Top moments from the former RBI Governor's interview on the underlying issues of crypto in India. Sarvesh MathiNovember 26, 2021
News RBI Governor Shaktikanta Das does not believe the hype around cryptocurrency in India With the RBI hesitating to back cryptocurrency, will the job of regulating the crypto market in India find any takers? MitakshNovember 11, 2021
News RBI allows Diners Club to start reissuing credit cards in India, Mastercard and Amex continue to be barred The RBI had imposed these bans after observing that not all payments companies were storing data in India. Sarvesh MathiNovember 10, 2021
News MobiKwik still under RBI scanner after alleged data breach in February: RTI The incident which allegedly compromised sensitive user data has continued to haunt the IPO-bound fintech unicorn. Aihik SurOctober 27, 2021
News RBI imposes a ₹1 crore penalty on Paytm Payments Bank for providing false information Paytm was fined under India's primary law for payments which arguably needs to be reassessed, according to a report. Sarvesh MathiOctober 21, 2021
News Summary: Framework for India’s new retail payments law proposed in report Vidhi Centre for Legal Policy suggests a new retail payments law that keeps up with the changing payments landscape in India. MitakshOctober 21, 2021
News Wary of Big Tech, RBI pushes for regulations that are focused on fintech entities In a speech, the deputy governor laid out risks posed by Big Tech and referred to some of the RBI's reforms that faced pushback. Aihik SurOctober 1, 2021
News HDFC is coming back for its lost market share in credit cards Despite the 8 month embargo by India's central bank, HDFC remains the country's largest credit card issuer. Sarvesh MathiSeptember 30, 2021