24 Feb 2025, 01:31 AM
The RBI wants lenders to eliminate foreclosure charges or pre-payment penalties on all floating rate loans availed by individuals and micro and small enterprises.
24 Feb 2025, 01:13 AM
Founded in 2021 by Ravi Jain and Sandeep Garg, Blostem is a B2B banking infrastructure platform specializing in Fixed Deposit (FD) aggregation.
24 Feb 2025, 01:00 AM
This device is equipped with a solar panel on top, allowing it to auto-charge under sunlight.
21 Feb 2025, 15:14 PM
In September 2022, the company secured Sebi approval for a Rs 3350-crore ($440 million) public offering. However, the plan was shelved then.
20 Feb 2025, 23:11 PM
Post acquisition, InCred Global Wealth will manage assets exceeding $2 billion across Dubai, Singapore, and London.
20 Feb 2025, 23:09 PM
In a settlement order, Sebi said it had issued a show-cause notice to Paytm Money for violating several provisions of the SEBI Act, 1992.
20 Feb 2025, 23:08 PM
Chapman co-founded Swiffy Labs in August 2023 after stepping down from her previous venture ZestMoney.
16 Feb 2025, 01:50 AM
The new investment from US-based healthcare firm Optum values the banking tech company at $2 billion.
13 Feb 2025, 23:46 PM
In April last year, the RBI restricted Kotak Mahindra Bank from onboarding new customers through online channels and issuing new credit cards.
13 Feb 2025, 23:27 PM
The US-based crypto trading platform is reportedly engaging with various Indian authorities such as the Financial Intelligence Unit (FIU).
12 Feb 2025, 23:38 PM
The company aims to develop and introduce offerings in the domains of Web 3.0, Central Bank Digital Currency (CBDC) and blockchain technology.
12 Feb 2025, 20:54 PM
Easebuzz claims it processes an annualized gross transaction value (GTV) of $30 billion, serving more than two lakh businesses.
12 Feb 2025, 20:37 PM
Haria, who joined Razorpay in 2019, previously served as senior vice president-product at the Bengaluru-based payment aggregator.
12 Feb 2025, 20:19 PM
In August last year, the Reserve Bank of India (RBI) tightened regulations on the peer-to-peer (P2P) lending sector, leading most platforms to halt operations.
12 Feb 2025, 19:32 PM
With this acquisition, Clari5 will become a wholly owned subsidiary of Perfios; and will continue to operate independently.
12 Feb 2025, 19:00 PM
This license from NPCI enables RediffPay to offer Unified Payments Interface (UPI) services to its users.
05 Feb 2025, 15:56 PM
The capital will accelerate Cashfree’s payments offering and boost market outreach, the Bengaluru-based payment aggregator said in its statement.
04 Feb 2025, 21:14 PM
The RBI recently set up a committee to evaluate applications for universal banks as well as small finance banks.
04 Feb 2025, 21:00 PM
Payment business accounted for 94% of its total revenues which stood at Rs 1,010 crore; whereas the e-commerce platform business' contributed Rs 60.3 crore.
03 Feb 2025, 15:58 PM
The company's board has approved a resolution to change its name from 'OFB Tech Private Limited' to 'OFB Tech Limited'.