Search result for 'payment aggregators'

Jio Financial Services Q1 Profit Down 6% to Rs 313 Crore

July 15, 2024 20:51

Jio Financial Services reported a 6% decline in net profit to Rs 313 crore in Q1 FY24, with total income rising marginally. The company is expanding into new areas like home loans and wealth...

Hitachi Payment Services Gets RBI Approval for Online Payments

June 27, 2024 15:37

Hitachi Payment Services receives final authorization from the RBI to operate as an online payment aggregator, enabling it to expand its digital solutions and services.

Prosus Writes Off $578 Million Byju's Investment

June 24, 2024 21:19

Prosus, a Dutch investment firm, has written off its entire $578 million investment in Byju's, highlighting the edtech firm's financial challenges. The move comes as Prosus, along with other...

Aurionpro Gets RBI Nod for Online Payment Aggregator

June 13, 2024 18:17

Aurionpro Payment Solutions receives RBI approval to operate as an online payment aggregator via its AuroPay payment gateway brand, enabling digital payments services for merchants across India.

Zomato Surrenders RBI Licence for Payment Aggregator

May 13, 2024 21:02

Zomato's subsidiary, Zomato Payment Pvt Ltd, has surrendered its RBI licence to operate as an online payment aggregator. The company cites lack of competitive advantage and commercial viability as...

PayU Gets RBI Approval for Payment Aggregator

April 24, 2024 12:17

PayU receives in-principle approval from RBI to operate as a payment aggregator, enabling the fintech firm to onboard new merchants and provide digital payment services.

Jio Financial Shares Surge 3% to 52-Week High on Q4 Earnings

April 22, 2024 16:59

Jio Financial Services shares climbed over 3% to hit a 52-week high after reporting a 6% rise in consolidated net profit for the quarter ending March 2024.

Jio Financial Shares Surge 4% to 52-Week High on Q4 Earnings

April 22, 2024 12:14

Jio Financial Services shares climbed 4% to a 52-week high after reporting a 6% rise in Q4 net profit. The company's strong performance boosted investor confidence.

Jio Financial Q4 Profit Up 6% to Rs 311 cr | Business News

April 19, 2024 18:57

Jio Financial Services reports a 6% increase in net profit to Rs 311 crore for the fourth quarter ended March 2024, driven by improved income. Learn more about the company's financial performance...

RBI Draft Guidelines on Payment Aggregators - Key Updates

April 16, 2024 22:27

Reserve Bank of India issues draft guidelines to strengthen regulations on payment aggregators, covering KYC, escrow accounts, and physical POS activities. Learn more about the new rules and their...

Interoperable Internet Banking System to Launch in 2024: RBI Governor

March 4, 2024 22:00

Reserve Bank of India Governor Shaktikanta Das announced that an interoperable system for internet banking will be launched in 2024, aiming to improve efficiency and reduce costs for stakeholders.

Interoperable Payment System for Internet Banking Launch in 2024: RBI

March 4, 2024 17:20

Reserve Bank of India (RBI) Governor Shaktikanta Das announced the launch of an interoperable payment system for internet banking in 2024, aiming to facilitate quicker settlements for merchants....

ED Freezes Rs 123 Cr in Chinese-Controlled Gambling App Probe

February 28, 2024 19:50

The Enforcement Directorate (ED) has frozen Rs 123 crore in bank deposits linked to Chinese-controlled gambling and loan apps suspected of duping people. The probe involves shell companies and...

PayPal Registers with FIU After Anti-Money Laundering Lawsuit

February 20, 2024 15:29

PayPal has finally registered with India's Financial Intelligence Unit (FIU) under the Prevention of Money Laundering Act (PMLA) after a long legal battle. The move comes after the FIU imposed a...

RBI Stops Visa, Mastercard Commercial Card Payments: KYC Concerns

February 14, 2024 22:52

The Reserve Bank of India has asked Visa and Mastercard to stop card-based commercial payments due to concerns over KYC compliance, affecting businesses and fintechs.

Paytm Awaits Govt Approval for OCL Investment

February 12, 2024 21:31

Paytm's subsidiary Paytm Payment Services Ltd. is awaiting government approval for a downstream investment by OCL, as per FDI guidelines. This approval is necessary for the company to proceed with...

Govt Examines FDI from China in Paytm Payments

February 11, 2024 17:39

The Indian government is scrutinizing foreign direct investment from China in Paytm Payments Services Ltd, raising concerns about potential security risks and compliance with FDI rules.

Virtual Accounts Misuse: Parliamentary Panel Demands Action

February 8, 2024 22:49

A Parliamentary panel has expressed concern over the misuse of virtual accounts for cyber frauds and urged ministries to develop mechanisms to prevent such activities.

Paytm Payments Bank Director Resigns After RBI Restrictions

February 8, 2024 22:32

Paytm Payments Bank's independent director resigned following RBI restrictions on the bank's operations. The RBI has imposed several penalties on the bank for non-compliance with regulations.

RBI to Deal with Paytm Issue, Says Financial Services Secretary

February 7, 2024 19:31

Financial Services Secretary Vivek Joshi says the RBI will handle the Paytm issue, while the government has no involvement. The RBI has taken action against Paytm Payments Bank for non-compliance,...

Vijay Shekhar Sharma: Paytm Founder's Rise & Controversies

February 4, 2024 16:39

Explore the journey of Vijay Shekhar Sharma, Paytm founder, from fintech success to controversies surrounding the company's Chinese investments and regulatory hurdles.

Paytm Bank Banned by RBI: Money Laundering Concerns & KYC Violations

February 3, 2024 22:26

Reserve Bank of India bans Paytm Payments Bank due to money laundering concerns and non-compliance with KYC regulations. The bank is barred from accepting deposits and conducting credit transactions.

Paytm Bank Banned by RBI: Money Laundering Concerns & KYC Violations

February 3, 2024 17:35

RBI has banned Paytm Payments Bank from taking deposits and conducting transactions due to concerns over money laundering and KYC non-compliance. The move comes after investigations by the ED and a...

Zomato Payments Gets RBI Approval for Online Payment Aggregator

January 25, 2024 16:22

Zomato Payments Pvt Ltd receives RBI authorisation to operate as an online payment aggregator in India. The company will now be able to facilitate payments for online food delivery and other services.

Jio Financial Shares Plunge 7% After Q3 Earnings

January 16, 2024 16:49

Jio Financial Services shares dropped nearly 7% on Tuesday after reporting a significant decline in third-quarter profits. The company's net profit fell 56% to Rs 294 crore.

Jio Financial Shares Plunge After Q3 Earnings

January 16, 2024 11:20

Jio Financial Services shares dropped over 6% after reporting a 56% decline in Q3 net profit. The company's revenue also moderated compared to the previous quarter.

Jio Financial Services Q3 Profit Down 56% to Rs 294 Cr

January 15, 2024 22:04

Jio Financial Services reported a 56% decline in Q3 net profit to Rs 294 crore, with revenue also moderating. The company is expanding into asset management, insurance, and lending.

Jio Financial Services Q3 Profit Down 56% to Rs 294 Cr

January 15, 2024 21:38

Jio Financial Services reported a 56% decline in net profit to Rs 294 crore in Q3 FY24, with revenue also moderating. The company is expanding into asset management and insurance.

MobiKwik Refiles IPO Papers, Aims to Raise Rs 700 Crore

January 5, 2024 18:42

Fintech firm MobiKwik refiles IPO papers with Sebi, aiming to raise Rs 700 crore, a significantly reduced amount compared to its previous attempt. The funds will be used for growth in financial and...

EnKash Gets RBI Nod as Payment Aggregator

December 20, 2023 15:38

EnKash secures RBI approval to operate as a payment aggregator under the brand name 'Olympus', aiming to bring innovation to the B2B payment business.

BISAG-N Centre for PM GatiShakti Inaugurated in Delhi

December 19, 2023 21:04

BISAG-N, a technical partner for PM GatiShakti, has inaugurated a center in Delhi. The center will provide training and support to stakeholders for real-time analysis and monitoring of the national...

RBI Regulates Cross-Border Payment Entities

December 7, 2023 22:11

Reserve Bank of India brings all entities facilitating cross-border payment transactions under its direct regulation, setting networth requirements and other guidelines.

BharatPe Turns Profitable: Clocks First Profitable Month in October 2023

November 28, 2023 12:01

Fintech unicorn BharatPe announces EBITDA positivity in October 2023, with annualized revenue exceeding Rs 1,500 crore. The company attributes the success to consistent growth across all business...

Navi Mumbai Airport ILS Signal Testing Begins

The Airports Authority of India (AAI) has begun ILS signal testing at the...

Air India VRS for Non-Flying Staff Ahead of...

Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...

Boon Raises USD 5 Million Funding Led by Roca...

Water technology startup Boon secures USD 5 million in funding led by Spanish Roca...

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Search result for 'payment aggregators'

Jio Financial Services Q1 Profit Down 6% to Rs 313 Crore

Hitachi Payment Services Gets RBI Approval for Online Payments

Prosus Writes Off $578 Million Byju's Investment

Aurionpro Gets RBI Nod for Online Payment Aggregator

Zomato Surrenders RBI Licence for Payment Aggregator

PayU Gets RBI Approval for Payment Aggregator

Jio Financial Shares Surge 3% to 52-Week High on Q4 Earnings

Jio Financial Shares Surge 4% to 52-Week High on Q4 Earnings

Jio Financial Q4 Profit Up 6% to Rs 311 cr | Business News

RBI Draft Guidelines on Payment Aggregators - Key Updates

Interoperable Internet Banking System to Launch in 2024: RBI Governor

Interoperable Payment System for Internet Banking Launch in 2024: RBI

ED Freezes Rs 123 Cr in Chinese-Controlled Gambling App Probe

PayPal Registers with FIU After Anti-Money Laundering Lawsuit

RBI Stops Visa, Mastercard Commercial Card Payments: KYC Concerns

Paytm Awaits Govt Approval for OCL Investment

Govt Examines FDI from China in Paytm Payments

Virtual Accounts Misuse: Parliamentary Panel Demands Action

Paytm Payments Bank Director Resigns After RBI Restrictions

RBI to Deal with Paytm Issue, Says Financial Services Secretary

Vijay Shekhar Sharma: Paytm Founder's Rise & Controversies

Paytm Bank Banned by RBI: Money Laundering Concerns & KYC Violations

Paytm Bank Banned by RBI: Money Laundering Concerns & KYC Violations

Zomato Payments Gets RBI Approval for Online Payment Aggregator

Jio Financial Shares Plunge 7% After Q3 Earnings

Jio Financial Shares Plunge After Q3 Earnings

Jio Financial Services Q3 Profit Down 56% to Rs 294 Cr

Jio Financial Services Q3 Profit Down 56% to Rs 294 Cr

MobiKwik Refiles IPO Papers, Aims to Raise Rs 700 Crore

EnKash Gets RBI Nod as Payment Aggregator

BISAG-N Centre for PM GatiShakti Inaugurated in Delhi

RBI Regulates Cross-Border Payment Entities

BharatPe Turns Profitable: Clocks First Profitable Month in October 2023

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