Search result for 'account aggregator'

SBI Chairman proposes a National Financial Grid to connect ecosystem parts and curb fraud. Includes digital twin for MSME lending.

India Fintech Foundation urges govt & RBI to address UPI concentration risk, with 80% volume controlled by two players.

RBI emphasizes MSMEs' role in India's economic growth and job creation. Discusses credit flow, digital solutions, and challenges.

Account Aggregator ecosystem unlocks credit access for MSMEs, personal lending, contributing to Viksit Bharat 2047.

Nandan Nilekani discusses AI's impact on wealth, power, and its potential for solving social challenges in India, advocating for a human-centric approach.

India's digital payments surge to over 65,000 crore transactions in 6 years, reaching ₹12,000 lakh crore. Government initiatives & RBI's role highlighted.

Setu, owned by Pine Labs, strengthens its leadership with key hires from Razorpay, PhonePe, and other fintech giants. The company is scaling its API-led financial services platform and preparing...

Finance Minister assures continued government support for the fintech industry, focusing on ease of doing business, fraud prevention, and expansion into rural markets. Growth in Account Aggregator...

Finance Minister Nirmala Sitharaman pushes for faster refunds of unclaimed deposits and streamlined KYC processes. Regulators urged to expedite claims and improve digital onboarding.

India's e-rupee in circulation reaches ₹1016 crore. RBI explores cross-border CBDC pilots for improved payments. Details on expansion and future use cases.

Finance Minister Nirmala Sitharaman has urged PSU insurers to leverage AI for improved risk assessment and customer service, emphasizing digital transformation and innovation in the sector.

Finance Minister Nirmala Sitharaman confirms India's precision strikes in Pakistan, targeting terrorist infrastructure following the Pahalgam attack. She emphasizes the effectiveness and accuracy...

Finance Minister Nirmala Sitharaman highlights fintech''s role in providing secure and inclusive financial services to merchants and MSMEs in India.

Punjab National Bank (PNB) aims to increase its retail, agriculture, and MSME (RAM) lending to 58% of its loan book in FY26. The bank is implementing various initiatives to boost RAM lending,...

Finance Minister Nirmala Sitharaman invites global IT leaders to explore opportunities in India, highlighting the country's growing digital infrastructure and AI initiatives.

The Reserve Bank of India (RBI) invites applications for recognition of Self-Regulatory Organisations (SROs) for the account aggregator ecosystem, outlining eligibility criteria and governance...

RBI governor emphasizes responsible innovation and compliance for fintechs and non-bank payment operators, highlighting their crucial role in India's financial system.

RBI Deputy Governor stresses empathy for distressed MSMEs, urging lenders to adopt fair practices and digital solutions to address credit gaps.

PhonePe has exited the account aggregation business due to lack of partner onboarding. The company will surrender its NBFC-AA license and partner with other AAs.

Understanding the draft Digital Personal Data Protection (DPDP) Rules 2025, including data fiduciary obligations, consent requirements, and penalty provisions for data breaches in India.

FinBox, a leading credit intelligence & infrastructure platform, aims to become the backbone for innovative fintech experiences across India and APAC, powered by AWS.

CRED is now a certified customer operating unit on Bharat Bill Payment System (BBPS), enabling faster settlements for credit card bill payments. Learn more.

Mahindra Finance appoints RBI veteran Mod Narayan Singh as its chief compliance officer. The company also appointed Bijoy Thaplial as the chief business officer.

India's G-20 sherpa Amitabh Kant says the global future will be driven by digital public infrastructure (DPI), not big tech firms. He urges investors to support India's startup movement.

Dhan CEO Pravin Jadhav predicts a surge in household participation in the Indian stock market, citing growing awareness and the potential for wealth creation.