Upi

RBI lifts loan disbursal restrictions on DMI Finance, Asirvad Micro Finance

RBI lifts loan disbursal restrictions on DMI Finance, Asirvad Micro Finance

09 Jan 2025, 19:14 PM

In October, the banking regulator had barred four NBFCs to "cease and desist" from sanction and disbursal of loans.

CoinSwitch launches Rs 600-crore recovery programme for impacted WazirX users

CoinSwitch launches Rs 600-crore recovery programme for impacted WazirX users

09 Jan 2025, 19:01 PM

The programme offers affected users an opportunity to recoup losses -- where they can estimate recovery, deposit funds and earn rewards.

MobiKwik Q2 FY25: Revenue at Rs 291 crore and Rs 3.5 crore loss

MobiKwik Q2 FY25: Revenue at Rs 291 crore and Rs 3.5 crore loss

07 Jan 2025, 19:13 PM

MobiKwik and Lendbox struck a deal where MobiKwik gave up Rs 24 cr in income for Q1 FY25, and in return, Lendbox waived Rs 42 cr in facilitation fees. These adjustments impacted MobiKwik's current quarter's revenue and expenses.

Accel announces $650 million early-stage fund to bet on AI, fintech

Accel announces $650 million early-stage fund to bet on AI, fintech

07 Jan 2025, 17:25 PM

Accel’s latest fund, its eighth in India and SEA, will bet on AI, consumer brands, fintech, and manufacturing areas.

Fintech Hightlights

  1. Paytm Money gets Sebi approval to operate as research analyst

  2. Two senior executives quit Navi to start asset management company

  3. Government sets up inter-ministerial committee on fintech

  4. Infibeam Avenues signs MoU with IISc Bangalore

  5. Go Digit founder-backed Valueattics becomes first private player to get reinsurer licence
  6. Read more highlights...

Editor's Pick

  1. Strata, Avigna, and the Hosur mystery: Fundraising, family ties, and investor fallout

  2. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?

  3. Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama