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On 23 April 2021, the Reserve Bank of India had barred American Express and Diners Club International Limited from onboarding new customers to their platform. The ban is expected to come into effect from May 1. Let’s look at why both the payment system operators American Express and Diners
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Indian startups may become the new eye candy for foreign investors as RBI and SEBI come together allowing them to enlist themselves in foreign jurisdiction. The tech ecosystem is flourishing at a steady pace in India. This pace might get some acceleration if Indian startups decide to approach funding by
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The crypto ecosystem has been doing news rounds ever since the RBI proposed a ban on using or trading or holding Crypto currency in 2018. It was all cloudy for the crypto investors until recently when the Supreme court in 2020 quashed the ban on trading on virtual currencies. RBI
bank fraud
PMC bank became the talk of the town when it issued an EoI (expression of interest) in order to identify suitable equity investors/group of investors [https://startuptalky.com/indian-funding-investor-data/] to take over management control and revival [https://startuptalky.com/patna-startups/]of its current state. The EoI was issued in
Retail Investors
The RBI recently announced that the retail investors would soon be able to open Gilt accounts. Government securities would now be made available to retail investors with the introduction of a new platform called the “Retail Direct”. RBI believes that this is a game changer for the economy as retail
digital payment
Coronavirus is here, and it’s making a big impact on every aspect of business. From trade market swings to airline collapses, the economy of many industries is taking its toll and having major constraints. Whole worldwide especially in Europe, those living in Italy, Spain, Germany and France have been