10 Jan 2025, 01:51 AM
Alongside his role as CEO of Red Dot Payments, former PayU India COO Mohit Gopal will assume responsibilities previously handled by Vijay Agicha, who resigned in November.
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.
27 Dec 2024, 18:11 PM
The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models/applications in the Indian financial sector.
27 Dec 2024, 17:52 PM
Currently, UPI payments from/to a bank account can be carried out using the UPI application of that bank or of any third-party application provider.
14 Dec 2024, 01:52 AM
In August, The Head and Tale was the first to report that ICICI Bank has terminated its exclusive merchant acquiring agreement with ICICI Merchant Services (IMSPL).
07 Dec 2024, 19:08 PM
One97 Communications Singapore (Paytm Singapore), has approved sale of stock acquisition rights (SARs) held in PayPay Corporation for Rs 2,364 crore.
06 Dec 2024, 22:06 PM
RBI Governor Shaktikanta Das announced that small finance banks will now be permitted to provide pre-sanctioned credit lines through UPI.
02 Dec 2024, 18:49 PM
In October, the banking regulator had barred Navi Finserv and three other NBFCs to "cease and desist" from sanction and disbursal of loans.
30 Nov 2024, 13:56 PM
Bansal still owns about 1% of PhonePe and continues to be largest individual minority shareholder in the firm.
29 Nov 2024, 18:11 PM
The so-called alternative investment fund Hedonova is run by none other than Anurag Bhatia, who was jailed in India in 2020 for duping investors through Minance.
21 Nov 2024, 13:35 PM
The B2B marketplace and fintech lender OfBusiness has appointed Axis Capital, Morgan Stanley, JPMorgan, Citigroup and Bank of America for its $1 billion IPO.
18 Nov 2024, 20:28 PM
Flipkart Group’s UPI app super.money also witnessed surge in its number of transactions in October to 50 million.
13 Nov 2024, 10:56 AM
A source claims LazyPay recently received a letter from the RBI flagging issues in its customer onboarding process, but the company strongly denies receiving any such communication.
13 Nov 2024, 10:39 AM
Alex Clavel will assume sole leadership as chief executive of both SoftBank Group Corp.’s Vision Fund and SoftBank Global Advisers.
12 Nov 2024, 20:10 PM
The Peak XV-backed company saw its net losses go down to Rs 275.9 crore in FY24 compared to Rs 327 crore in FY23.
07 Nov 2024, 16:17 PM
The Gurugram-based company's revenue also saw a significant jump of 58%, rising to Rs 674 crore from Rs 427 crore in Q2 FY24.