07 Aug 2025, 19:01 PM
The in-principle nod to operate as a universal bank was granted under the RBI's process for small finance banks to graduate to universal bank status.
04 Aug 2025, 15:51 PM
The profit during the financial year, ended March 31, 2025, stood at Rs 171 crore, compared to Rs 161 crore in FY24.
31 Jul 2025, 17:15 PM
From managing currency and credit to overseeing modern fintech ecosystems, RBI’s journey mirrors India’s own transformation -- from colonial rule to a liberalised economy.
30 Jul 2025, 11:49 AM
Interestingly, not just payment aggregators, the has decided to charge some large merchants – who use the bank’s UPI directly.
28 Jul 2025, 20:52 PM
India processed 18.4 billion UPI transactions worth Rs 24.04 lakh crore in June.
28 Jul 2025, 17:33 PM
NDX Finserve, Arpee Group, Ambit Finvest and Grey Grass India participated in the funding round.
17 Jul 2025, 12:41 PM
The licence allows Jupiter to sell both life and general insurance policies through its app.
15 Jul 2025, 14:52 PM
The licence will help the company enable cross-border transactions for digital services, e-commerce, and B2B goods trade, serving businesses across Asian emerging markets.
11 Jul 2025, 16:58 PM
PhonePe topped the list, processing 8.55 billion transactions worth Rs 11.99 lakh crore, securing a 46.5% share by volume and nearly half the total transaction value.
09 Jul 2025, 23:13 PM
According to internal data reviewed by The Head and Tale, the fair value of SARs under multiple PayU-linked schemes has plunged sharply by 30-60% yoy.
07 Jul 2025, 11:37 AM
Kini will replace Rajesh Bansal, the founding CEO of the Reserve Bank Innovation Hub.
03 Jul 2025, 16:26 PM
The development comes few days after PB Fintech co-founders Yashish Dahiya and Alok Bansal dumped Rs 900 crore worth of shares.
03 Jul 2025, 13:32 PM
Of the total, only 12% or Rs 1,06,548 crore of the overall value of personal loans accounted for fintech NBFCs in FY25.
27 Jun 2025, 11:32 AM
The move follows its recent buyout of State Bank of India’s 17.8% stake for Rs 104.54 crore, giving JFSL complete ownership of the bank.
27 Jun 2025, 11:13 AM
Following the transaction, PB Fintech's Yashish Dahiya's stake dropped from 4.31% to 3.57%, while Alok Bansal’s holding declined to 1.04% from 1.40%.
19 Jun 2025, 11:55 AM
The fresh capital will be used to boost its presence in southern India, enhance its proprietary credit infrastructure, and expand its lending to underbanked customer segments.
