Saturday, November 26, 2022

Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking it to comply with foreign direct investment guidelines and reapply (Ira Dugal/Reuters)

Ira Dugal / Reuters:
Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking it to comply with foreign direct investment guidelines and reapply  —  India's banking regulator has declined a payment aggregator licence for the One 97 Communications Ltd (PAYT.NS) …



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...