Reserve Bank of India Tightens Grip on India’s Fintech Sector with April Crackdown

April 2026 has marked a turning point for India’s fintech ecosystem, as the Reserve Bank of India (RBI) rolled out a series of regulatory actions and enforcement measures impacting payments, wallets, cards, and lending startups. The most significant step came on April 24, when the RBI cancelled the licence of Paytm Payments Bank, citing governance … Continue reading Reserve Bank of India Tightens Grip on India’s Fintech Sector with April Crackdown