Banks

RBI sets up committee to evaluate universal banks, SFB applications

RBI sets up committee to evaluate universal banks, SFB applications

20 Jan 2025, 23:17 PM

The Standing External Advisory Committee has been set up by RBI to assess the eligibility of applicants seeking to operate as universal banks and small finance banks.

RBI allows small finance banks to offer credit line on UPI

RBI allows small finance banks to offer credit line on UPI

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.

Phi Commerce launches debt collection tool for banks and NBFCs

Phi Commerce launches debt collection tool for banks and NBFCs

23 Oct 2024, 14:36 PM

CollectiPhi-360 enables lenders to manage automated, doorstep, offline, partial, and bulk collections.

Fintech Hightlights

  1. RBI cancels NBFC licence of X10 Financial, backer of 30 digital loan apps

  2. Stock broker Groww picks bankers for IPO at $8 billion valuation: report

  3. Navi loses Rs 14 crore to payment gateway scam

  4. Australia-based Findi acquires BANKIT for Rs 160 crore

  5. Cross border payments startup Skydo gets PA-CB in-principle approval from RBI
  6. Read more highlights...

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