Embattled Indian FinTech Paytm is reportedly turning to a group of banks for help. The company is likely to work with Aix Bank, HDFC, Yes Bank and...
A 23-year veteran of U.K. bank Standard Chartered is reportedly departing for India’s Yes Bank. Manish Jain, who had been Standard Chartered’s co-head of corporate, commercial and institutional...
India-based Yes Bank said it plans to sell up to a 10% stake to U.S. private equity firms Carlyle Group and Advent International for a...
ICICI Bank in India has announced it will initiate a rescue deal with Yes Bank to the tune of up to 10 billion rupees ($135...
Google Pay, the leader in India’s instant real-time payment system Unified Payments Interface (UPI), temporarily turned off its app’s “check account balance” feature during PhonePe’s...
Yes Bank founder Rana Kapoor was arrested on money-laundering charges amid efforts to formulate a rescue plan for the country’s fourth-largest private lender, Reuters reported...
For digital payments, for eCommerce, when a bank gets interrupted … the impact is instantaneous and disruptive. To get a sense of the ripple effects,...
In today’s top payments news, the Indian government has taken control of Yes Bank as it creates a bailout plan for the bank, and JPMorgan...
The Indian government has seized control of its fourth-largest private bank as it organizes a bailout plan and temporarily limits how much depositors can withdraw,...