Paytm Payments Bank gets final RBI nod to operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank on Monday said it has received final approval from the Reserve Bank of India to operate as...
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Fintech
Indian Bank expands digital offerings under ‘Project WAVE’ initiative
Public sector Indian Bank has stepped up its offerings on its digital transformation initiative 'Project WAVE' with the launch of...
Read moreCabinet approves promotional incentives worth Rs 2,600 crore for Rupay debit cards, low value UPI transactions
The Union Cabinet on Wednesday approved promotional incentives for Rupay debit cards and low-value transactions of BHIM (UPI). Incentives worth...
Read moreReserve Bank of India puts on hold NUE licensing
The Reserve Bank of India (RBI) is said to have put on hold licensing of the New Umbrella Entity (NUE)...
Read moreFresh KYC process can be done through video, says RBI
The Reserve Bank of India has released fresh guidelines for the know your customer (KYC) processes that allow for them...
Read morePSBs to set up joint digital platform to connect with fintech companies
Public sector lenders including the State Bank of India will jointly set up a unified cloud-based digital platform to connect...
Read moreBig 4 are now emerging as big force in M&A I-banking, too
The Big Four firms are striking large and complex mergers & acquisition (M&A) investment banking deals, hitherto the preserve of...
Read moreNeed similar regulations for banks and fintechs if underlying activity is same: RBI DG
Reserve Bank Deputy Governor T Rabi Sankar on Wednesday pitched for similar regulation for both banks and non-bank entities like...
Read moreCoordinated efforts taken to contain Chinese loan apps: FM in Rajya Sabha
Government departments and the Reserve Bank of India (RBI) are taking coordinated steps to check Chinese mobile apps offering easy...
Read moreHDFC Bank acquires 7.75 per cent stake in fintech start-up Mintoak for Rs 31.1 crore
One of India’s largest private sector lenders HDFC Bank on Wednesday acquired a minority stake in Mintoak Innovations Private Limited...
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