Banking, Insurance & Financial Services (BFSI)

Atanu Chakraborty flags governance concerns in exit letter as ADRs drop and stock slides in Mumbai

Acquisition adds RBI-licensed cross-border aggregation and in-store acquiring, expanding BillDesk’s footprint across online and offline merchant payments.

RBI Governor said Stablecoins, cryptos, buy-now-pay-later schemes challenge traditional regulations, deciding whether to ban, tolerate, or regulate these innovations is complex.

As paper instruments phase out, cards, NEFT, and NACH play second fiddle to UPI in one of the world’s fastest-scaling payment ecosystems.

Lalitha Nataraj, managing director and CEO of NPCI BHIM Services, said new tools such as split expenses, family mode, and UPI circle are helping broaden adoption and extend digital payments beyond urban centers