The RBI could cancel the licence of Paytm Payments Banks once the deposits of its customers are safeguarded, post the February 29 deadline The RBI has not taken any final decision on the matter ...

RBI cancels certificate of registration ... Out of 11 NBFCs, four entities have surrendered their licence due to exit from NBFC business. These companies are – Sanapala Holdings Private Limited ...

Process: The amount is disbursed under the provisions of the DICGC once a bank’s license is revoked. While customers face temporary inconvenience, the RBI ensures that depositors can recover ...

Vodafone m-pesa was one of the 11 firms that was given payments bank licence by the RBI in 2015. NKD ANU ANU ...

The company cannot transact the business of a NBFC, RBI said. The Mumbai-based company was providing loans through several service providers (mobile apps), including Wecash Technology, XNP Technology, ...

Once RBI cancels its CIC license, Tata Sons may be exempt from the listing requirements. However, it is pertinent to note that, once an NBFC is classified as NBFC-UL, it shall be subject to ...