Search result for 'fintech'

IFC Invests in Alteria Capital's SME Credit Scheme

March 27, 2025 17:54

IFC joins Alteria Capital as an anchor investor in its Shorter Duration Scheme, aiming to address short-term financing needs of Indian start-ups and drive economic growth.

Fintech Biz2X to Hire 200+ Professionals in FY26

March 27, 2025 17:09

Biz2X, a digital lending SaaS platform, plans to hire over 200 professionals across AI, data science, and technology in India for FY26. The company aims to expand its AI-powered lending platform...

Zaggle Acquires Stake in Mobileware Technologies

March 27, 2025 15:08

Zaggle Prepaid Ocean Services has acquired a 38.34% stake in Mobileware Technologies, a payment solutions provider, for Rs 22.85 crore. The investment aims to strengthen Zaggle's position in the...

GIFT City Improves Ranking in Global Financial Centres Index

March 26, 2025 17:31

GIFT City, India's first operational smart city, has climbed in the Global Financial Centres Index (GFCI 37) rankings, further solidifying its position as an emerging financial hub. The city ranked...

Fintech Firm Findi Raises Rs 243 Crore

March 25, 2025 20:19

Fintech company Findi Ltd has raised Rs 243 crore in funding through an institutional placement and share purchase plan. The proceeds will be used to enhance technological capabilities, scale...

Gujarat Earns Rs 94 Lakh from Liquor Sale at GIFT City

March 24, 2025 17:08

Gujarat, a dry state, has earned Rs 94.19 lakh in revenue from liquor sales at GIFT City since December 2023. The state government allowed alcohol consumption at the financial hub to attract global...

PayU Acquires Stake in Mindgate Solutions | Real-time Payments

March 20, 2025 22:22

PayU, Prosus' fintech arm, acquires a 43.5% stake in Mindgate Solutions, a leading real-time payments technology firm in India. The partnership aims to drive digital payment innovations globally.

Digital Revolution & Services: Opportunities & Insights

March 20, 2025 21:28

The digital revolution offers vast opportunities to enhance service delivery, using non-conventional data sources. Learn how India is leveraging data for improved healthcare, supply chains, and...

India Remittances Shift: Advanced Economies Surpass Gulf

March 19, 2025 19:29

Remittances to India from advanced economies like the US and UK have surpassed those from Gulf countries, reflecting a shift in migration patterns towards skilled Indian diaspora, according to RBI...

PSBs Capacity Building, Capital Raising: DFS Secy

March 17, 2025 21:03

DFS Secy Nagaraju emphasizes capacity building, timely capital raising, and efficient resource allocation for PSBs, urging collaboration in areas like cybersecurity and fintech.

Mobikwik Stock Plunges Over 8% on Anchor Lock-In Expiry

March 17, 2025 18:34

Shares of One Mobikwik Systems Ltd plummeted over 8% on Monday, hitting a record low after the expiration of the three-month lock-in period for anchor investors. The sharp decline was attributed to...

AI & Tech Boost SMEs' GDP Contribution: OfBusiness

March 14, 2025 15:35

OfBusiness predicts AI and tech can propel SMEs' GDP contribution to 50%, creating 175 million jobs. Learn how SMEs can leverage AI and tech for growth.

RBI to Set Up 'On Tap' Cohort on Climate Change Risks

March 13, 2025 18:57

The Reserve Bank of India (RBI) plans to establish a 'on Tap' cohort under its regulatory sandbox initiative to address climate change risks and sustainable finance. Governor Sanjay Malhotra...

Sensex Falls for 5th Day: Realty, Auto Weigh

March 13, 2025 17:18

The Sensex closed lower for the fifth consecutive day due to selling in realty, IT, and auto sectors. Zomato, Tata Motors, and IndusInd Bank were among the top losers.

PB Fintech Stock Falls 5% for 2nd Day | Policybazaar News

March 13, 2025 12:18

PB Fintech, parent company of Policybazaar, saw its stock decline over 5% for the second consecutive day. The company's plan to invest Rs 696 crore in its healthcare arm may have contributed to the...

Infosys Expands AI Partnership with Citizens for Cloud-Native Transformation

March 12, 2025 20:14

Infosys expands its partnership with Citizens, a US financial institution, to drive AI-led transformation and cloud-native platform development.

Irish Ministerial Delegation to Visit India for Trade & Education

March 12, 2025 19:01

Ireland's Minister for Education, James Lawless, leads a delegation to India for trade and educational collaboration, aiming to strengthen bilateral ties. The visit focuses on research, student...

PB Fintech Stock Plunges 9% After Healthcare Investment

March 12, 2025 13:16

PB Fintech, parent of Policybazaar, saw its shares fall over 9% after its proposed investment in healthcare arm failed to impress investors. The company plans to invest Rs 696 crore in PB...

India to See $600 Billion in Alt Investments for Startups

March 12, 2025 13:16

Experts predict over $600 billion in alternative investments for Indian startups in the next 3 years, fueling innovation and creating a thriving ecosystem. This influx of capital is expected to...

PB Fintech to Invest Rs 696 Cr in PB Healthcare Services

March 11, 2025 22:59

PB Fintech, parent of Policybazaar, will invest Rs 696 crore in its subsidiary PB Healthcare Services in FY26 to grow its business. The investment will be made through share subscription or...

PB Fintech Invests Rs 696 Crore in Healthcare Arm

March 11, 2025 22:19

PB Fintech, parent company of Policybazaar, approves Rs 696 crore investment in its healthcare subsidiary, PB Healthcare Services. The investment, subject to shareholder approval, will strengthen...

SaveIN Launches Subscription-Based Wellness Platform 'welUp'

March 11, 2025 15:56

Healthtech startup SaveIN launches 'welUp', a subscription-based wellness platform offering free doctor consultations, blood tests, mental health support, and a credit limit of up to Rs 5 lakh.

PhonePe Reaches 60 Crore Users: India's Largest Fintech

March 11, 2025 15:51

PhonePe, India's largest fintech company, has crossed 60 crore registered users, marking a significant milestone in its journey towards building an inclusive financial ecosystem.

India VC Funding Surges 43% to USD 13.7 Billion in 2024

March 11, 2025 13:51

India's venture capital funding rose 43% to USD 13.7 billion in 2024, driven by increased deal activity and investments in consumer tech, software, and fintech.

Progcap Offers Rs 10 Lakh Collateral-Free Loans to Women-Led MSMEs

March 11, 2025 12:35

Progcap, a fintech backed by Google and Sequoia Capital, launches ProgShakti to offer up to Rs 10 lakh collateral-free loans to women-led MSMEs, aiming to empower 10,000 businesses by FY27.

RBI to Push Payment Innovations with Soft Touch Regulations - Governor

March 10, 2025 22:09

RBI Governor Sanjay Malhotra highlights plans for promoting payment system innovation with soft-touch regulations and expanding UPI for efficient cross-border payments during Digital Payments...

IMT Ghaziabad Launches Financial Markets Centre in Mumbai

March 10, 2025 15:57

IMT Ghaziabad opens a Centre for Financial Markets in Mumbai to strengthen the synergy between academia and the financial industry.

Infibeam's UAE Subsidiary Reorganized Ahead of Listing

March 8, 2025 16:55

Infibeam Avenues Ltd. reorganizes its UAE subsidiary ahead of its listing, aiming to amplify digital payment strategy in the Middle East. The move aligns with the company's plans to optimize its...

Maha CM: Rs 60k Cr Sops Won't Impact Capital Investments

March 8, 2025 11:31

Maharashtra CM Devendra Fadnavis assures that Rs 60,000 crore pre-election sops will not impact capital investments. The government is aiming to channel the money into productive purposes by...

DBS CEO Piyush Gupta's SGD 17.58 mn Pay & Retirement

March 6, 2025 10:38

DBS CEO Piyush Gupta earned SGD 17.58 million in 2024, including a deferred award of SGD 9.36 million, before his retirement this month. The bank achieved record performance in 2024, with net...

RBI Governor Urges Responsible Fintech Innovation & Compliance

March 5, 2025 22:30

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

PB Fintech CEO Settles Insider Trading Case with Sebi

March 4, 2025 18:25

Yashish Dahiya, CEO of PB Fintech, has settled an insider trading case with Sebi, paying Rs 9.42 lakh to resolve the allegations. The case involved PB Fintech acquiring shares of YKNP Marketing...

Indian Startups Raise USD 1.65 Billion in February 2025

March 3, 2025 15:22

Indian startups raised USD 1.65 billion in February 2025, with a median valuation of USD 83.2 million. Key highlights include funding for Oxyzo, udaan, and notable acquisitions by Head Digital...

Paytm Shares Plunge After ED Notice Over FEMA Violations

March 3, 2025 11:46

Paytm shares fell over 4% after the Enforcement Directorate (ED) issued a notice alleging FEMA violations by the company and its subsidiaries. The notice pertains to investments made between 2015...

Paytm Gets Rs 611cr ED Notice for FEMA Breach

March 1, 2025 22:03

Paytm's parent company, One97 Communications, received a notice from the Enforcement Directorate for alleged FEMA violations related to acquisitions of Little Internet and Nearbuy. The company says...

Paytm Faces ED Notice for FEMA Violations in Acquisitions

March 1, 2025 20:57

Paytm owner One97 Communications received an Enforcement Directorate notice for alleged FEMA violations in the acquisition of Little Internet and Nearbuy India. The notice pertains to investment...

Maharashtra Aims for Trillion-Dollar Economy with AI, Startups

February 28, 2025 17:59

Maharashtra CM Devendra Fadnavis outlines plans to make the state a trillion-dollar economy, focusing on AI, fintech and start-ups, with technology at its core.

UPI Transactions Hit Record High in January: Over 16.99 Billion

February 27, 2025 23:59

UPI transactions in January surpassed 16.99 billion, marking a new record. The value of transactions also exceeded Rs 23.48 lakh crore, highlighting the continued growth of India's digital payments...

Perplexity Offers Free AI Platform for Indian Students

February 27, 2025 19:08

Perplexity, an AI platform, plans to offer its pro version for free to Indian students. The company aims to make knowledge accessible to everyone. Learn more about Perplexity's plans for India.

India Salary Hike 2025: 9.4% Average, AI Impact

February 27, 2025 16:39

India Inc. to see a 9.4% average salary hike in 2025, according to EY report. Learn about sector-wise increments, AI influence, and CEO pay trends.

India's Private Consumption Soars, Set to Be World's 3rd Largest by 2026

February 27, 2025 16:25

India's private consumption has almost doubled to USD 2.1 trillion, driven by rising incomes, digital adoption, and evolving consumer preferences. This growth is poised to make India the world's...

India's Technological Leap: Amitabh Kant on Clean-Tech & Climate

February 27, 2025 12:02

Amitabh Kant calls for India to lead in clean-tech manufacturing, highlighting the opportunity to transform the nation. He also expresses concern over inadequate funding from developed nations for...

India's G20 Sherpa Calls for Technological Leap to Lead in Clean-tech

February 27, 2025 09:46

India's G20 Sherpa, Amitabh Kant, emphasizes the need for a technological leapfrog to transform India into a leader in clean-tech manufacturing, highlighting the potential for economic growth and...

Vidyut Raises $2.5 Million for EV Battery-as-a-Service

February 26, 2025 13:08

Vidyut, an electric mobility company, secures USD 2.5 million from Flourish Ventures to expand its battery-as-a-service (BaaS) offerings for both passenger and commercial EVs.

Govt Partners with Paytm to Support Indian Startups

February 26, 2025 11:50

Indian government signs MoU with Paytm to provide mentorship, market access, and funding opportunities for startups, especially in fintech and manufacturing sectors.

SBI Pitch for Bank Equity Support to Startups | Setty

February 25, 2025 18:51

SBI Chairman C S Setty proposes an ecosystem for banks to offer equity support to startups, including a potential government guarantee scheme for loans up to Rs 100 crore. Learn more about SBI's...

Flipkart Ventures Invests in 5 Startups: AI & Tech Focus

February 20, 2025 19:18

Flipkart Ventures announces investments in 5 startups across AI, tech-enabled logistics, and more, through its Leap Ahead program. Learn about the startups and their focus areas.

PhonePe IPO: India's Fintech Giant Prepares for Listing

February 20, 2025 18:19

PhonePe, India's largest fintech firm, is preparing for an IPO, marking a significant milestone for the company that has served hundreds of millions of customers. The company was valued at USD 12...

Identity Verification && Credentialing Demand: OnGrid's Growth Story

February 19, 2025 12:01

OnGrid, a leading background verification platform in India, is witnessing surging demand for identity verification and digital credentialing, driven by regulatory needs and digital transformation....

Zaggle & Redington: Low-Cost Tech for Enterprises & Staff

February 18, 2025 19:44

Zaggle partners with Redington to offer affordable Google Pixel devices to employees, enhancing employee benefits and operational efficiency for businesses.

Madhya Pradesh Global Investors Summit: Industry Leaders to Converge

February 17, 2025 20:02

Madhya Pradesh's Global Investors Summit will bring together industry leaders, policymakers, and investors to discuss investment opportunities in textiles, manufacturing, renewable energy,...

Japan Invests in India: 'China Plus One' Strategy

February 16, 2025 13:56

Japanese companies are shifting their focus to India as part of the 'China Plus One' strategy, aiming to diversify manufacturing and supply chains and capitalize on India's booming economy and...

Bank of Maharashtra Opens GIFT City Branch: RBI Approval

February 16, 2025 12:52

Bank of Maharashtra has received RBI approval to establish an International Financial Services Centre (IFSC) Banking Unit at GIFT City, its first international branch, enabling offshore banking...

Paytm Money Appoints New Independent Director

February 13, 2025 17:11

Paytm Money has appointed Rajeev Krishnamuralilal Agarwal as an additional non-executive independent director, leveraging his extensive experience in finance and governance.

Paytm Money Settles Sebi Case for Rs 45.5 Lakh

February 13, 2025 16:59

Paytm Money has settled a case with Sebi after paying Rs 45.50 lakh in settlement amount. The case related to alleged violations of market norms, including technical glitch framework.

Salary Hikes: 30-40% for Emerging Skills in 2025 | Michael Page Report

February 13, 2025 16:02

India's job market sees salary hikes of 6-15% this year, but emerging skills and leadership roles could see 30-40% increases, according to Michael Page's 2025 Salary Guide.

Gupshup Launches AI Agents for Financial Services

February 13, 2025 15:20

Gupshup introduces pre-built AI agents for the financial services industry, designed to streamline customer engagement, improve conversion rates and drive revenue growth.

Peak XV Managing Partners Quit: Lakhani & Anand

February 11, 2025 22:27

Shailesh Lakhani and Abheek Anand, managing partners at Peak XV (formerly Sequoia India), have resigned after 17 and 12 years respectively. Both plan to pursue new ventures.

India-Israel Trade: Goyal Aims for 10x Growth

February 11, 2025 21:18

India's Commerce Minister Goyal calls for a tenfold increase in bilateral trade with Israel, highlighting potential in areas like deep tech, fintech, and agritech. The two countries are also...

Startup IPOs in 2025: Report Highlights Trends

February 11, 2025 16:05

A report by InnoVen Capital predicts an increase in startup IPOs in 2025, despite global challenges. The report also analyzes funding trends, hiring expectations, and the impact of AI on startups.

India & EFTA: Trade Boost, Investment, Business Desk

February 10, 2025 10:35

India sets up an EFTA desk to enhance trade and investment with the bloc. The move follows a free trade agreement and promises USD 100 billion in investment over 15 years.

Kerala Budget 2025-26: Business Community Hails Focus on Growth & Innovation

February 7, 2025 21:16

Kerala's 2025-26 budget has been praised by the business community for its focus on growth, sustainability, and innovation. Key initiatives include investments in infrastructure, technology, and...

Zaggle Q3 Profit Jumps 30% to Rs 19.7 cr - Revenue Rises

February 7, 2025 19:03

Zaggle Prepaid Ocean Services reports a 29.6% rise in Q3 profit to Rs 19.7 cr, with revenue surging 68.8% year-on-year. Read more about Zaggle's financial performance.

Infibeam Avenues' RediffPay Gets TPAP License

February 7, 2025 18:25

Infibeam Avenues subsidiary Rediff.com India Ltd. secures a TPAP license from NPCI for its digital payment platform RediffPay, enabling UPI services and marking the company's entry into the...

PhonePe Exits Account Aggregation Business - Tech News

February 7, 2025 16:34

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.

RBI to Deliberate on Interest Rate Cut: Expectations & Impact

February 5, 2025 15:23

The Reserve Bank of India (RBI) is expected to cut interest rates by 25 basis points, the first in five years, amid a stable inflation rate. Experts believe this move will boost economic growth and...

Infibeam Avenues Q3 Profit Surges 49% on Festive Boom

February 4, 2025 19:07

Infibeam Avenues' net profit jumped 49% in Q3 FY25, driven by festive season spending and rising POS payments adoption. Revenue grew 18% to Rs 1,070 crore.

Mobikwik Posts Rs 55 Crore Loss in Q3: Payment Gateway Costs Surge

February 4, 2025 16:11

Fintech firm One Mobikwik reported a consolidated loss of Rs 55.28 crore in Q3 FY25, driven by a significant increase in payment gateway costs. Revenue grew 18% YoY.

Bhutan PM to Attend Bengal Business Summit

February 3, 2025 19:36

Bhutan's Prime Minister Dasho Tshering Tobgay will be the special guest at the Bengal Global Business Summit (BGBS) 2025, focusing on trade relations and investment opportunities in West Bengal.

Paytm Cloud Invests in Brazilian Fintech Seven Tech

February 3, 2025 17:21

Paytm Cloud Technologies has acquired a 25% stake in Brazilian fintech Seven Technology LLC to explore business opportunities in the Latin American country. The investment aims to understand the...

Gujarat CM Launches Sensex F&O Contracts at GIFT City

February 3, 2025 16:46

Gujarat Chief Minister Bhupendra Patel launched Sensex Futures & Options contracts at GIFT City, aiming to attract global investors and bolster India's financial market.

Budget Impacts Gulf NRI Businesses: Opportunities & Questions

February 1, 2025 16:15

India's budget brings mixed news for Gulf NRI businesses. While some provisions offer opportunities, concerns remain about tax burdens and NRI investment.

FIU-IND Fines Bybit Rs 9.27 Crore for PMLA Violations

January 31, 2025 19:47

FIU-IND imposed a Rs 9.27 crore penalty on Bybit Fintech Limited for violating PMLA rules. The company failed to register with FIU-IND and continued to operate in India despite warnings.

India's Economic Outlook: Industry Leaders Optimistic - 6-6.9% Growth Forecast

January 29, 2025 14:58

Majority of industry leaders are optimistic about India's economic growth, with the majority predicting 6-6.9% growth in FY 2025-26, supported by technological advancements and business reforms.

Odisha Attracts Rs 4.5 Lakh Crore Investment at 'Make in Odisha' Conclave

January 28, 2025 23:17

Odisha government signed 54 MoUs with companies promising Rs 4.50 lakh crore investment in the state, including Rs 2.28 lakh crore by Adani Group and Rs 1 lakh crore by Vedanta Group. The conclave...

Anq X Card: RuPay On-The-Go for Public Transport

January 28, 2025 18:51

Anq Digital Finserv launches RuPay On-The-Go feature on its X Card, enabling seamless, cashless payments for public transport in India, promoting financial inclusion.

Madhya Pradesh CM in Japan: Wooing Investors for GIS-2025

January 27, 2025 19:50

Madhya Pradesh Chief Minister Mohan Yadav is on a 4-day visit to Japan to attract Japanese investors for the upcoming Global Investors Summit 2025 in Bhopal.

Paytm Denies ED Probe in Crypto Scam

January 24, 2025 20:41

Paytm has denied reports of an ED probe into a cryptocurrency scam, stating it has not received any new notice or query. The company clarifies that the probe is on third-party merchants, not Paytm...

Akashaverse: Virtual Pilgrimages & Ecommerce Hub

January 23, 2025 18:09

SC Ventures and KiyaAI launch Akashaverse, an immersive platform offering virtual pilgrimages, event booking, and virtual stores, powered by Bharatmeta.

Rhiti Sports & MOS Utility Partner to Digitize Lottery Industry

January 21, 2025 18:46

Rhiti Sports and MOS Utility team up to bring digital transformation to the lottery industry in India, leveraging a vast agent network and promoting transparency.

Maharashtra Aims for 360-degree Investment Growth at Davos

January 21, 2025 10:37

Maharashtra CM Devendra Fadnavis outlines a comprehensive investment strategy at Davos, targeting sectors like manufacturing, technology, and clean energy.

Paytm Aims for Profitability by June, Focuses on Merchant Services Overseas

January 20, 2025 22:21

Paytm targets overseas expansion with a focus on merchant services, aiming for profitability by June. The company reports a narrowed loss and increased monthly transacting users.

UIDAI Holds Stakeholder Meet for Enhanced Aadhaar Service Delivery

January 20, 2025 20:20

UIDAI convened a meeting with BFSI, fintech and telecom industry leaders to discuss improving Aadhaar service delivery. The event saw Aadhaar's Face Authentication transactions cross 100 crore.

FINDI Acquires BANKIT: Expanding Fintech Reach in India

January 20, 2025 14:17

Australia-based FINDI has acquired India's BANKIT in a 30 million Australian dollar deal, expanding its financial services marketplace for the underbanked in rural areas.

Paytm Q3 Loss Narrows to Rs 208.5 Crore

January 20, 2025 11:10

Paytm's consolidated loss narrowed to Rs 208.5 crore in Q3 FY25, while revenue declined year-on-year. Read more about the fintech company's financial performance.

BharatPe CEO: 90-Hour Work Week is Unrealistic, Quality Matters More

January 19, 2025 15:43

BharatPe CEO Nalin Negi says a 90-hour work week is impractical and emphasizes the importance of work quality over long hours, sparking debate on work-life balance in India Inc.

India-New Zealand Trade: Boosting Ties Through Market Access & Connectivity

January 19, 2025 12:22

GTRI urges India and New Zealand to address market access issues, enhance connectivity, and promote collaborations in key sectors to boost bilateral trade, which currently stands at USD 1.5 billion.

Maharashtra Surpasses Bengaluru as Startup Capital: Fadnavis

January 17, 2025 17:37

Maharashtra has overtaken Bengaluru as India's leading startup hub, driven by strong government support and a thriving tech ecosystem.

MobiKwik Partners Piramal Finance for Personal Loans

January 16, 2025 21:00

MobiKwik has partnered with Piramal Finance to offer personal loans to its users through its digital platform. The partnership aims to address the credit needs of millions of Indians.

India, Singapore Strengthen Ties: FM Meets President, Discusses Strategic Partnership

January 16, 2025 18:17

India's Finance Minister Nirmala Sitharaman met with Singapore's President Tharman Shanmugaratnam, discussing the Comprehensive Strategic Partnership and expanding bilateral relations in areas like...

India's Economy to Be 4th Largest by 2026: PHDCCI

January 15, 2025 16:32

PHDCCI predicts India's economy will become the world's 4th largest by 2026, surpassing Japan, with GDP growth projected at 6.8% in FY25 and 7.7% in FY26.

BharatPe Targets 30% Revenue Growth, IPO in 18-24 Months

January 14, 2025 18:09

BharatPe aims for 30% revenue growth in FY25 and an IPO in 18-24 months. The fintech firm is also focusing on profitability and launching new products.

Fintech Personal Loans Drop 10% in Q2: FACE

January 13, 2025 18:55

Fintechs' personal loan portfolio decreased by 10% in Q2, while NPAs rose, according to FACE. Read about the latest trends in the fintech lending market.

India Fintech Funding: 3rd Globally, Down 33% in 2024

January 13, 2025 12:39

Despite a 33% decline, India remained the 3rd largest recipient of fintech funding globally in 2024, reaching $1.9 billion. Digital lending dominated funding, while late-stage funding took the...

Fintech Tide Targets 10 Lakh MSMEs by 2025: New AI Solutions

January 9, 2025 14:27

Tide, a business financial platform for MSMEs, aims to onboard 5 lakh more businesses by 2025, reaching 10 lakh members. It's expanding its services with AI-powered solutions, including savings,...

Women-Centric Fintech Startups: RBIH & IIMA Launch Swanari TechSprint 3.0

January 9, 2025 14:05

Reserve Bank Innovation Hub and IIMA Ventures launch Swanari TechSprint 3.0 to support women-centric fintech startups in India, providing mentorship, grants, and funding opportunities.

Fintechs urged to innovate, comply: DFS Secy

January 7, 2025 22:01

Financial Services Secretary M Nagaraju encourages fintech companies to deliver innovative solutions while adhering to strict regulatory compliance, highlighting government and RBI initiatives.

Accel Raises $650 Million for Indian Startups: AI, Fintech, Consumer, Manufacturing

January 6, 2025 12:33

Accel, a leading VC firm, announces a USD 650 million fund for early-stage startups in India and Southeast Asia, focusing on AI, consumer, fintech, and manufacturing.

OfBusiness to Invest Rs 3k Cr in Steel Biz Expansion

January 5, 2025 10:43

OfBusiness, a b2b commerce and fintech startup, plans to invest Rs 3,000 crore to double its steel business to 4MTPA in the next three years. The company aims to expand its steel operations and...

Peak XV Sells MobiKwik Stake for Rs 82 Cr

December 26, 2024 20:24

Peak XV Partners has divested a 1.5% stake in MobiKwik for Rs 82 crore through an open market transaction. The deal reduces Peak XV's holding in the fintech company to 1.26%.

RBI Forms AI Ethics Panel for Financial Sector

December 26, 2024 15:44

The Reserve Bank of India has formed an eight-member committee to develop a framework for ethical and responsible use of AI in the financial sector, focusing on risks and compliance.

Aurionpro Acquires Fenixys for Rs 90 cr: Expands European Fintech Footprint

December 24, 2024 18:27

Aurionpro Solutions acquires Paris-based Fenixys for Rs 90 crore, strengthening its banking and fintech presence in Europe and the Middle East.

PM Modi Concludes Successful Kuwait Visit, Elevates Ties to Strategic Partnership

December 22, 2024 19:48

Prime Minister Narendra Modi concluded his two-day visit to Kuwait, elevating bilateral ties to a strategic partnership. The visit focused on boosting cooperation in IT, pharmaceuticals, and...

Mumbai & Dubai: Top Travel Destinations in 2024 | Paytm

December 19, 2024 22:04

Paytm reveals Mumbai and Dubai as top travel destinations in 2024, with a surge in concert travel and bus bookings by younger generations. Read about the key travel trends.

Last-Minute Travel Boom: Nearly Half of Indian Travelers Booked Flights Within a Week

December 19, 2024 14:29

A new report reveals that nearly half of Indian international travelers made last-minute flight bookings in 2024, highlighting the trend of spontaneous travel and the growing popularity of...

Mobikwik Systems Stock Soars 58% on Debut

December 18, 2024 10:30

One Mobikwik Systems' stock made a strong market debut, jumping over 58% on Wednesday. The fintech firm's IPO was heavily oversubscribed, indicating strong investor confidence.

Prime Securities Acquires Stake in Ark Neo Financial Services

December 16, 2024 22:18

Prime Securities has acquired a majority stake in fintech Ark Neo Financial Services for Rs 7 crore. The company will infuse capital into Ark Neo by subscribing to optionally convertible debentures.

MobiKwik IPO Oversubscribed 119.38 Times

December 13, 2024 19:03

One MobiKwik Systems'' IPO received a whopping 119.38 times subscription, with strong participation from retail, institutional, and non-institutional investors.

ISG Gets RBI Nod as Payment Aggregator

December 13, 2024 14:37

In-Solutions Global (ISG), backed by JP Morgan, receives full authorisation from RBI as a payment aggregator, strengthening its position to power enterprises and SMBs with innovative payment...

MobiKwik IPO Oversubscribed 20.37 Times: Retail Investors Lead

December 12, 2024 18:36

One MobiKwik Systems IPO received 20.37 times subscription on Day 2, driven by strong retail and non-institutional investor interest. Learn more about the IPO details and subscription status.

Equirus Wealth Hits Rs 10,000 Crore AUM, Targets Rs 50,000 Crore by 2028

December 11, 2024 14:05

Equirus Wealth has crossed Rs 10,000 crore in AUM in just 18 months and aims to reach Rs 50,000 crore by 2028. The firm offers diverse investment solutions for HNIs and Ultra HNIs.

MobiKwik IPO Fully Subscribed: Fintech Company Raises Rs 572 Crore

December 11, 2024 12:07

One MobiKwik Systems'' IPO fully subscribed within an hour, raising Rs 572 crore. The issue received 1.82 times subscription, with strong retail interest.

MobiKwik IPO: Rs 257 Cr Raised from Anchor Investors

December 10, 2024 21:59

MobiKwik, a fintech firm, has raised Rs 257 crore from anchor investors ahead of its IPO. The company plans to use the funds for growth in its financial services business, payment services, and...

Indian Graduate Employability Rises to 54.81%: Report

December 10, 2024 20:11

Indian graduate employability has increased to 54.81%, driven by rising talent demand and focus on emerging technologies. This shift reflects India's commitment to building a future-ready workforce.

FinBox: Building Fintech Backbone for India & APAC | AWS powered

December 9, 2024 13:59

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

Paytm Shares Hit 52-Week High: Up Over 3%

December 9, 2024 11:19

Paytm shares surged over 3% on the bourses, hitting a 52-week high after the company approved the sale of its stake in Softbank group's fintech firm PayPay Corporation.

IPO Frenzy Next Week: 11 Companies to Raise Rs 18,500 Cr

December 8, 2024 12:54

11 companies, including Vishal Mega Mart, Sai Life Sciences, and Mobikwik, are set to launch IPOs next week, aiming to raise nearly Rs 18,500 crore. The IPO market is bustling with activity across...

UPI Expands Credit Access for Underserved Borrowers: Study

December 7, 2024 18:53

A study reveals UPI's impact on expanding credit access for underserved borrowers in India, enabling them to build financial history and access loans.

Paytm Sells PayPay Stock Rights for Rs 2,364 cr

December 7, 2024 13:55

Paytm's Singapore arm has sold its Stock Acquisition Rights in Japan's PayPay to Softbank Vision Fund 2 for Rs 2,364 crore, valuing PayPay at USD 3.8 billion.

Paytm Sells PayPay Stake for Rs 2,000 Crore

December 6, 2024 19:13

Paytm's parent company, One97 Communications, has approved the sale of its 7.2% stake in Japanese fintech firm PayPay Corporation, valued at approximately Rs 2,000 crore.

RBI Credit Policy Balances Inflation, Growth - Experts

December 6, 2024 19:01

Experts weigh in on RBI's credit policy, highlighting the balance between inflation control and growth. CRR cut seen as a positive for the economy.

Sonu Bhasin's Lala Shri Ram Bio Wins Gaja Capital Book Prize

December 6, 2024 16:58

Sonu Bhasin's biography of Lala Shri Ram, 'Entrepreneurs Who Built India', wins the 2024 Gaja Capital Business Book Prize for its contribution to Indian business literature.

RBI Cuts CRR, Experts See Growth Support

December 6, 2024 15:57

The Reserve Bank of India's credit policy kept interest rates unchanged, but cut the CRR to support growth. Experts weigh in on the implications for the economy.

MODIFI Targets 5,000 SME Finance in India

December 3, 2024 16:24

Fintech company MODIFI aims to finance 5,000 SMEs in India over the next 2-3 years, investing $15 million to fuel growth and expand its workforce.

RBI Cancels Zavron Finance Registration: Irregular Lending Practices

December 2, 2024 19:09

The Reserve Bank of India (RBI) has canceled the registration of Nagpur-based Zavron Finance due to violations of lending guidelines, including outsourcing core functions and failing to provide...

Indo-European Business Forum Honors Fintech, AI Leaders

November 30, 2024 17:32

The Indo-European Business Forum (IEBF) awarded top entrepreneurs in fintech and AI at its annual meet in London, highlighting cross-border partnerships and India's economic growth.

CarDekho Group Turns Profitable in FY24, Posts Rs 37 Cr Profit

November 28, 2024 19:07

CarDekho Group reports Rs 37 crore profit in FY24, a turnaround from losses in FY23. The growth is attributed to its insuretech and fintech platforms, InsuranceDekho and rupyy.

India Regulates Fintech Industry to Curb Money Laundering

November 27, 2024 16:37

India has implemented robust measures to regulate the fintech industry, aligning with FATF recommendations to combat money laundering and terrorist financing.

Comviva Appoints Raja Mansukhani as Chief Technology Officer

November 27, 2024 14:30

Comviva, a Tech Mahindra subsidiary, appoints Raja Mansukhani as its Chief Strategy, Technology, and Transformation Officer. Mansukhani brings over 20 years of experience in IT, telecommunications,...

Cooperative Banks Digitization by 2025: NABARD Chairman

November 26, 2024 19:58

NABARD Chairman announces the digitization of cooperative banks by March 2025, aimed at streamlining operations and boosting efficiency. This initiative involves a Core Banking Solution (CBS)...

Angel One Gets Sebi Approval for MF Business

November 26, 2024 16:58

Angel One's subsidiary, Angel One Asset Management Company, receives Sebi approval to launch mutual fund operations, focusing on passive investment solutions.

PSU Banks to Launch New Products for Credit Growth

November 26, 2024 15:53

India's public sector banks will introduce new products in the next few months to boost credit growth, focusing on MSMEs and young people, according to the Financial Services Secretary.

Binny Bansal Exits PhonePe Board: Fintech Company Appoints New Chair

November 22, 2024 23:51

Flipkart co-founder Binny Bansal steps down from PhonePe board, replaced by Manish Sabharwal as Independent Director and Chair of Audit Committee. Learn more about the board rejig.

Mirae Asset to Open Global Capability Centre in India

November 20, 2024 17:31

Mirae Asset Group announces plans to establish a global capability centre in India, leveraging the country's talent pool in fintech, data analytics, and software development. The move aims to...

Karnataka to Set Up 3 Global Innovation Districts: CM

November 19, 2024 13:07

Karnataka CM Siddaramaiah announces plans to establish 3 dedicated global innovation districts in Bengaluru, Mysuru and Belagavi, aiming to attract GCCs and boost the state's tech sector.

MakeMyTrip Acquires Happay for Corporate Travel & Expenses

November 18, 2024 18:40

MakeMyTrip has acquired Happay Expense Management platform from CRED, expanding its corporate travel and expense management solutions. Happay's brand, business, and team will transition to MakeMyTrip.

RBI Guv to Banks: Proactively Monitor Portfolios, Address Risks

November 18, 2024 16:38

RBI Governor Shaktikanta Das urges bank boards to proactively monitor portfolios, address potential risks, and strengthen internal governance to curb unethical practices.

hBits Offers Rs 55 Cr Commercial Asset in MMR for Fractional Ownership

November 18, 2024 15:07

hBits, a fractional ownership platform, offers a Rs 55 crore commercial property in Mumbai Metropolitan Region (MMR) to high-net worth individuals and investors. This Grade A commercial asset is in...

RBI Governor Urges Banks to Curb Unethical Practices

November 18, 2024 14:35

RBI Governor Shaktikanta Das calls on bank boards to strengthen internal governance to prevent unethical practices like mis-selling and lack of KYC verification.

Cedar-IBSi Capital Invests in Fintech Startups

November 16, 2024 15:48

Cedar-IBSi Capital is investing in 10-15 fintech startups, focusing on companies offering innovative tech solutions for financial institutions. The fund has already made its first investment in...

Wedding Loans: Matrimony.com Launches Fintech Platform

November 15, 2024 16:38

Matrimony.com launches WeddingLoans.com, a fintech platform offering wedding loans in partnership with leading financial institutions. Get the best wedding loan options for your big day.

Zaggle Q2 Profit Surges 3x to Rs 20 cr | SaaS Fintech Growth

November 13, 2024 18:45

Zaggle Prepaid Ocean Services reports a strong Q2 FY24 with a 3-fold rise in net profit to Rs 20.3 crore. Revenue also grew significantly, driven by strategic alliances and M&A plans.

BlueGreen Ventures Launches USD 75 Million Fund for Startups

November 13, 2024 12:55

BlueGreen Ventures, led by Rajeev Suri and Anup Jain, launches a USD 75 million fund for early-stage startups focused on climate, fintech, and consumer sectors.

Infibeam Avenues Q2 Profit Up 5% to Rs 44 Crore

November 12, 2024 20:59

Infibeam Avenues, a payments-focused fintech, reported a 5% increase in its consolidated net profit to Rs 44 crore for the September quarter. The company's total income rose to Rs 949.34 crore from...

Fintech Centre Launched at Chitkara University

November 11, 2024 18:47

Chitkara University opens a financial technology centre of excellence to address the growing demand for skilled professionals in the FinTech sector.

Young Adults Prefer Direct Stock Investing: Report

November 11, 2024 13:43

A new report reveals that a significant percentage of young adults in India are choosing direct stock investments over mutual funds. Learn about the trends in saving habits and investment...

SBI Launches Innovation Hub at Singapore Fintech Festival

November 7, 2024 06:03

State Bank of India (SBI) launches an innovation hub at Singapore Fintech Festival, partnering with APIX to provide a space for fintechs and startups to develop financial solutions.

NSE IX Sees Foreign Investor Growth on India's Economic Boom

November 5, 2024 12:06

NSE IX, a multi-asset exchange in India, has witnessed a surge in foreign investor participation driven by the country's strong economic growth. Learn more about the growth trajectory and future...

India & Saudi Arabia Explore Fintech & Clean Hydrogen Collaboration

November 1, 2024 11:57

India and Saudi Arabia are exploring collaborations in fintech, clean hydrogen, energy efficiency and more, aiming to boost trade and investment ties. This follows a recent visit by the Indian...

Singapore Fintech Network: India Collaboration & Investments

October 30, 2024 20:55

Singapore's MAS launches GFTN, a global fintech network, to collaborate with partners in India, seek investments and foster innovation through partnerships.

Amazon Pay Loss Narrows to Rs 911.2 Crore in FY24

October 29, 2024 21:09

Amazon Pay's loss narrowed to Rs 911.2 crore in FY24, with revenue increasing to Rs 2,286.9 crore. The company issued shares worth Rs 1,450 crore to parent firms.

Slice Merges with North East Small Finance Bank

October 28, 2024 15:08

Consumer payments and lending company 'slice' has merged with North East Small Finance Bank (NESFB), creating a tech-driven banking institution focused on customer experience and risk management....

Money Laundering Threatens Online Gaming in India

October 24, 2024 12:59

A new report highlights the threat of money laundering in India's online gaming sector, urging for stronger regulations and enforcement to protect the digital economy.

Paytm Shares Surge 6.5% After NPCI Nod for New Users

October 23, 2024 11:22

Paytm shares jumped over 6% after the NPCI approved the company to onboard new UPI users, reversing an earlier restriction. The move comes as a relief for the fintech giant.

LIC Chief: Insurance Industry Needs to Collaborate with Telecom, E-commerce & Fintech

October 22, 2024 16:18

LIC's CEO advocates for collaboration with telecom, e-commerce, and fintech to expand insurance reach, particularly in rural areas. He emphasizes the need for digital technologies and regulatory...

Paytm Posts Profit of Rs 928.3 cr in Q2

October 22, 2024 12:17

Paytm reports a net profit of Rs 928.3 crore in Q2 FY25, driven by an exceptional gain from the sale of its entertainment ticketing business to Zomato. Revenue from operations slumped 34.1 per cent...

Finance Minister Approves CGM Post Creation in Public Sector Banks

October 21, 2024 22:07

Finance Minister Nirmala Sitharaman has approved the creation of Chief General Manager (CGM) posts in five public sector banks, including Bank of Maharashtra, Central Bank of India, and UCO Bank....

Karnataka Launches FinTech CoE with IIM Bangalore

October 21, 2024 20:21

Karnataka government announces a Centre of Excellence in FinTech in partnership with IIM Bangalore, aiming to boost the state's FinTech ecosystem and create a skilled workforce.

Sitharaman Meets Mexican Minister, Discusses Economic Ties

October 19, 2024 11:50

India's Finance Minister Nirmala Sitharaman met her Mexican counterpart to discuss deepening economic ties, focusing on areas like startups, infrastructure, and digital transformation.

Temasek Invests Rs 252 Cr in Lendingkart for Controlling Stake

October 18, 2024 15:56

Temasek arm Fullerton Financial Holdings invests Rs 252 crore in Lendingkart to acquire controlling stake, boosting its reach in underserved markets. The investment is a testament to the potential...

Ashneer Grover Drops BharatPe Lawsuit: Settlement Reached

October 18, 2024 12:35

Ashneer Grover, former BharatPe MD, has withdrawn his plea alleging mismanagement against the fintech company. A settlement agreement reached in September led to the withdrawal of the case.

Biz2X Surpasses Rs 9,000 Cr in Loans: Digital Lending Growth

October 15, 2024 15:08

Biz2X, a digital lending platform, has surpassed Rs 9,000 crore in loan disbursements, driven by its AI-integrated platform DigiKred. The company is expanding into global markets and aims to...

Axis Bank Tops UPI Payments in September with 30% Share

October 14, 2024 21:37

Axis Bank claims the top spot in UPI payments for September with a 30% market share, partnering with both established and new fintech players.

India's Deep Tech Startups: 3,600 Solutions for Global Challenges

October 14, 2024 20:06

India boasts over 3,600 deep tech startups addressing global challenges in healthcare, climate change, and cybersecurity. Discover their innovative solutions at GITEX 2024.

Zaggle Appoints Former Kotak Mahindra Bank Executive to Board

October 7, 2024 19:50

Zaggle Prepaid Ocean Services has appointed former Kotak Mahindra Bank executive Virat Sunil Diwanji as an Additional Director on its board. Diwanji brings over 30 years of experience in banking...

Paytm CEO on Consumer Payments Focus & RBI Actions

October 6, 2024 18:41

Paytm CEO Vijay Shekhar Sharma outlines the company's focus on recovering lost consumer payments business following RBI actions. Learn about their strategy and impact on user base.

India Boosts Fintech Support to Bhutan - UPI, RuPay Gain Traction

October 5, 2024 20:41

India pledges further fintech support to Bhutan as UPI and RuPay cards gain popularity in the neighboring nation, strengthening financial ties between the two countries.

TDV Launches Rs 50 Crore Fund for Early-Stage Startups

October 3, 2024 18:24

Trillion Dollar Ventures (TDV) announces a Rs 50 crore fund to invest in early-stage startups in sectors like spirituality tech, fintech, and gaming.

BharatPe & Ashneer Grover Settle Dispute, Co-Founder Exits

September 30, 2024 17:03

BharatPe and former co-founder Ashneer Grover have reached a settlement, ending their legal battle. Grover will no longer be associated with the fintech firm.

CRED Revenue Surges 66% to Rs 2,473 Cr in FY24

September 30, 2024 15:32

Credit card bill payments app CRED reported a 66% revenue growth in FY24, reaching Rs 2,473 crore, driven by increased monetized members and reduced user acquisition costs.

Ashneer Grover Exits BharatPe: Settlement Agreement Ends Association

September 30, 2024 09:47

BharatPe and Ashneer Grover have reached a settlement, ending his association with the company. Grover will not hold any shares or positions.

SCOPE Launches USD 50 Million Venture Capital Fund

September 27, 2024 20:41

SCOPE, a startup networking platform, has received SEBI approval to launch a USD 50 million venture capital fund focusing on fintech and gaming startups in India and the US.

Zaggle Acquires Stakes in Span Across IT & Mobileware

September 26, 2024 22:38

Fintech firm Zaggle invests Rs 48 crore in Span Across IT Solutions and Mobileware Technologies, acquiring controlling and minority stakes respectively.

Sebi Chief Aims for Corporate Bond Market Growth: Equity-Like Boom Targeted

September 26, 2024 21:35

Sebi Chair Madhabi Puri Buch hopes technology and transparency will drive rapid growth in the corporate bond market, mirroring the trajectory of equities. Sebi also plans to introduce a new essay...

Sebi's UDiFF Saves Rs 200 Cr, Streamlines Broker Reporting

September 26, 2024 20:03

SEBI's standardized reporting format (UDiFF) for brokers, clearing members, and depository participants is expected to save over Rs 200 crore over the next five years while reducing reporting...

India, Uzbekistan Discuss Fintech, Renewable Energy Cooperation

September 26, 2024 11:04

Finance Minister Nirmala Sitharaman met with Uzbek President Shavkat Mirziyoyev to discuss strengthening bilateral ties in fintech, renewable energy, and climate action.

Zaggle Acquires 26% Stake in Mobileware for Rs 15.6 Crore

September 25, 2024 22:06

Fintech firm Zaggle acquires a 26% stake in Mobileware Technologies for Rs 15.6 crore, aiming to enhance its payment offerings. The acquisition will leverage Mobileware's UPI switch solutions for...

India & Uzbekistan Discuss Strategic Partnership - Finance Minister Sitharaman

September 25, 2024 19:30

Finance Minister Nirmala Sitharaman met with Uzbekistan's Deputy PM to discuss strategic partnerships in IT, education, renewable energy, and more. Explore the potential for collaboration between...

M2P Fintech Raises Rs 850 Cr in Funding Led by Helios

September 24, 2024 20:18

M2P Fintech secures Rs 850 crore in Series D funding led by Helios Investment Partners, valuing the company at over Rs 6,550 crore. The funds will be used to expand its market presence in India and...

Star Union Life, QuantumStreet AI Launch AI-Led Investments

September 24, 2024 16:34

Star Union Dai-ichi Life Insurance partners with QuantumStreet AI to create AI-powered investment products using IBM's watsonx platform. The partnership aims to provide superior performance in...

Capital A Launches Rs 400 Cr Fund for Manufacturing, Climate Startups

September 20, 2024 18:42

Venture capital firm Capital A launches a Rs 400 crore fund focused on high-potential sectors like manufacturing, deep-tech, climate, and fintech startups. The fund aims to invest in 17-20...

Revolut India Launch in 2025: Fintech Giant Gearing Up

September 19, 2024 20:20

UK fintech Revolut is set to launch in India in 2025, aiming to offer a range of digital financial services. The company has secured necessary licenses and is tailoring its platform for the Indian...

Banks Crucial for Viksit Bharat: Sitharaman

September 19, 2024 18:23

Finance Minister Nirmala Sitharaman emphasizes the critical role of banks in achieving the vision of Viksit Bharat by 2047, highlighting their importance in economic growth, social progress, and...

Accel Atoms 4.0: Applications Open for 'Bharat' & AI Startups

September 16, 2024 15:24

Accel Atoms 4.0 invites applications from startups building for 'Bharat' (Tier 2-3 India) and AI, offering mentorship, perks, and investment up to $1 million.

AI & GenAI Driving Innovation in Indian Finance: PwC Report

September 15, 2024 15:15

PwC India report reveals 90% of financial institutions are prioritizing AI and GenAI for innovation. Data analytics, customer experience, and product distribution are key focus areas.

Mumbai's Economic Growth: 2X Target by 2030, UT Concerns Arise

September 12, 2024 21:26

NITI Aayog proposes doubling Mumbai's economic activity by 2030, reaching USD 300 billion. Opposition leader Aaditya Thackeray raises concerns about a possible UT plan for Mumbai.

Paytm Shifts Focus to Profit After Tax: CEO

September 12, 2024 17:36

Paytm CEO Vijay Shekhar Sharma announced the company will prioritize profit after tax over operational profit before ESOP. The shift reflects a focus on financial sustainability and maturity....

Stashfin Parent Offers Rs 10,000 NCDs - Fintech First

September 11, 2024 16:16

Stashfin's parent company AKARA Capital becomes the first fintech NBFC to offer NCDs at a face value of Rs 10,000, aiming to raise Rs 100 crore. This follows SEBI's regulatory amendment lowering...

PhonePe Expands UPI QR Payments in Singapore with Liquid Group

September 10, 2024 21:29

PhonePe partners with Liquid Group to enable UPI QR payments for Indian travelers in Singapore, offering convenient and seamless transactions at popular tourist destinations.

India Pushes for FATF Transparency in Cross-Border Payments

September 10, 2024 17:59

India advocates for increased transparency in cross-border payments, urging FATF to require fintechs, credit card companies and payment aggregators to share sender and recipient information for law...

Credit Growth Outpacing Deposits: Liquidity Challenges for Banks

September 10, 2024 15:09

A new report highlights the growing gap between credit and deposit growth, potentially leading to liquidity challenges for the Indian banking system. The report also examines factors like CASA...

RBL Bank Aims for Moderate Credit Card Growth, Launches Indian Oil Offering

September 9, 2024 17:34

RBL Bank plans moderate credit card growth, focusing on cross-selling. Launches 'Xtra Credit Card' with Indian Oil, offering 7.5% cashback at IOCL stations.

AIC T-Hub Launches Lab2Market Program for 23 Startups

September 9, 2024 16:32

AIC T-Hub's Lab2Market program selects 23 startups across sustainability, mobility, healthcare, fintech, and more to transform research into market-ready innovations.

India-Singapore Ties Elevated to Comprehensive Strategic Partnership

September 5, 2024 20:24

India and Singapore elevate their ties to a 'comprehensive strategic partnership', signing four MoUs during Prime Minister Modi's visit, including one on semiconductor cooperation.

India to Set Up Thiruvalluvar Centre, Invest India Office in Singapore

September 5, 2024 17:54

Prime Minister Modi announced the establishment of a Thiruvalluvar Cultural Centre and Invest India office in Singapore, strengthening cultural and economic ties between the two nations.

RBI Guv Urges Banks to Boost Women's Employment & Entrepreneurship

September 5, 2024 14:43

Reserve Bank of India Governor Shaktikanta Das calls on financial institutions to bridge the gender gap by providing more employment opportunities to women and creating tailored schemes for...

India, Singapore Elevate Ties: Comprehensive Strategic Partnership

September 5, 2024 12:47

India and Singapore elevate bilateral ties to a 'comprehensive strategic partnership', signing 4 MoUs, including on semiconductors, during PM Modi's visit.

Financial Sector Needs Joint Approach for MSMEs: Sebi Member

September 2, 2024 22:15

Sebi member Ashwani Bhatia highlights the need for a joint approach to address challenges faced by MSMEs, including high interest rates. He emphasizes the importance of data-centric solutions and...

Sebi Tightens SME IPO Norms: Discussion Paper by End-FY25

August 30, 2024 21:35

Sebi to review SME IPO norms, focusing on auditor scrutiny and unrealistic business projections. A discussion paper is expected by end-FY25.

SBI Won't Enter Rate War Despite Deposit Pressure: Setty

August 30, 2024 21:23

SBI chairman C S Setty says the bank won't engage in a rate war to attract deposits, despite pressure on enhancing deposits. SBI targets 14-16% credit growth in FY25.

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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Search result for 'fintech'

IFC Invests in Alteria Capital's SME Credit Scheme

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