Fino Payments Bank appoints Pratap Singh as MD & CEO
Singh brings nearly 29 years of experience in the banking sector, having held senior leadership positions at ICICI Bank in India and the UK, as well as SBI UK.
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Singh brings nearly 29 years of experience in the banking sector, having held senior leadership positions at ICICI Bank in India and the UK, as well as SBI UK.
As per the RBI, MobiKwik allowed fund transfer by certain PPI holders to non-pre-registered beneficiaries beyond the prescribed limit; and also failed to report certain frauds...
The allegations against the Razorpay directors arise from an SFIO investigation into a network of 33 companies, including Mad Elephant Network Technology.
The company's net loss narrowed 67.1% to Rs 25.83 crore in Q2 FY27 from Rs 78.45 crore in Q2 FY26.
In July, The Head and Tale had exclusively reported that Paytm's payment aggregator unit had applied for a fresh wallet licence.
The fund, Norwest 18, will support venture capital and growth equity investments across technology, healthcare and consumer businesses in the US, India and Israel.
India's space-tech startups are attracting billion-dollar valuations and investor interest, but weak revenues and uncertain commercial prospects raise questions about the boom's sustainability.
Seafund and other investors also participated in the round.
Huang's resignation comes days after he publicly admitted to being unfaithful to his wife.
NPCI's November 11 circular links a new small merchant incentive scheme to UPI MDR implementation, signalling that the rollout could be close.
Separately, the company has entered into agreements with seven technology companies for the purchase of $26 billion worth of Class N common stock through a private placement.
The allotment follows the company's board approval on October 23 and shareholders' approval at an extraordinary general meeting held on October 14.
Veefin also outlined its next growth strategy around its platform designed to help businesses build and deploy AI-powered digital employees for specific operational tasks.
Sreedharan brings over 30 years of experience in the technology industry.
The new consolidated framework tightens cybersecurity obligations for non-bank payment operators, mandating annual system audits and faster reporting of cyber incidents.
The company's insurance revenue increased 1.7% to Rs 2,720 crore during the September quarter from Rs 2,675 crore in Q2 FY26.
The latest searches are part of the agency's wider investigation into suspected foreign exchange violations involving cryptocurrency platforms.
MobiKwik plans to enter the lending business directly, complementing its existing Lending Service Provider (LSP) operations and partnerships with banks and financial institutions.
A confidential RBI advisory, dated November 3, sets timelines for implementing safety measures; mandates CERT-In-empanelled audits for NBFCs and beneficiary whitelisting for API-based payouts.
Cashfree, which had attracted fresh venture funding early last year, has been on the block for the last three to four months.