India's central bank orders Sachin Bansal's Navi to halt loans | TechCrunchIndia's central bank ordered non-bank lenders to halt loans due to regulatory breaches regarding interest rates and lending practices.
India's CBDC Has 5M Users, Can be Phased in Gradually: Central Bank GovernorIndia's retail CBDC pilot has 5 million users, but a full-scale implementation is not urgent according to the central bank Governor.
India bank banned from opening new accounts over IT risksThe Reserve Bank of India has banned Kotak Mahindra Bank from acquiring new customers due to serious deficiencies in IT management.