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RBI reluctant to hand out NBFC licence to fintechs -Hamsini Karthik

-The Hindu Business Line PhonePe - ZestMoney deal to set precedence for fintechs to explore backdoor entry into the lending business  Despite three months of engagement and continued discussions with the banking regulator, fintechs may not have cracked the code yet to operate as non-bank lenders. Highly placed sources say the Reserve Bank of India is reluctant to issue non-bank finance company or NBFC licences to fintechs. PhonePe, Razorpay, BharatPe, Khatabook, OkCredit and...

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Razorpay shares AltNews donor data with police -Imran Ahmed Siddiqui

-The Telegraph The development has the potential to intimidate donors who have been helping several news portals to stay afloat and hold the government accountable Fact-checking website AltNews on Tuesday said Razorpay, the payment gateway through which it receives donations, had handed over the portal’s donor data to police. The development has the potential to intimidate donors who have been helping several news portals to stay afloat and hold the government accountable. AltNews...

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