Digital Banking
Digital banking in India: neobanks, small finance banks, payments banks, account aggregators and how incumbent banks build digital products.
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Fino Payments Bank nears final small finance bank approval, with RBI conditions
Fino Payments Bank is likely to get the RBI’s final approval to become a small finance bank, on condition that it hires an external CEO and its promoter restructures its…
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SBI chairman backs UPI MDR to fund payment infrastructure
SBI Chairman C S Setty backed the planned UPI merchant fee on October 26, saying banks need it to fund computing and fraud monitoring, while NPCI has yet to set…
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RBI warns account aggregators against monetising customer data
The RBI told account aggregators to keep their data-blind design and not monetise customer data, as it prepares interoperability across the network.
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