Paytm terminates some ties with troubled banking unit

MUMBAI/BENGALURU, March 1 (Reuters) – Payments firm Paytm, opens new tab on Friday cut some ties with its payments bank unit, which India’s banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a

RBI leaves rates unchanged, sees GDP growth at 7% in 2024-25

MUMBAI, Feb 8 (Reuters) – India’s key rate was left unchanged for a sixth straight meeting on Thursday, in line with expectations, as inflation remained above the RBI (Reserve Bank of India) 4% medium-term target while economic growth continued to be resilient.

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