Explore the latest news, in-depth reports, and executive analysis tagged with #Digital Payments.
The allotment follows the company's board approval on October 23 and shareholders' approval at an extraordinary general meeting held on October 14.
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.
Total expenses grew 24.5% to Rs 876.5 crore in Q2 FY27 from Rs 704.1 crore in the corresponding quarter last fiscal year.
The service will be available to users across India, including those who are not existing Fibe customers.
October was defined by a major crypto hack, renewed regulatory scrutiny and the industry’s growing push into mainstream finance even as markets struggled.
The investigation follows claims by a hacking group called ScarlettGroup that it had breached the lender's records and threatened to release the allegedly compromised information.
Total expenses of the company increased 35% to Rs 586 crore during the quarter from Rs 434 crore in the year-ago period.
The approvals follow the company's board clearance on September 17 and shareholder approval at an extraordinary general meeting on October 14.
Fairfax has also proposed bringing its interests in Go Digit Life Insurance, Go Digit General Insurance and IIFL Capital Services under IDBI Bank.
The round also included participation from IPV, LetsVenture, Launch Capital, AVNM Ventures and Navyug Global Ventures.
Digital gold purchases value via UPI increased to Rs 2,585.35 crore in September from Rs 2,488.52 crore in August.
The UPI MDR rollout, which was announced from October 15, will be implemented post Diwali.
Total expenses of the company declined 12% to Rs 376.8 crore during the fiscal from Rs 426.7 crore in FY25, aided by a sharp reduction in impairment costs.
While India has spent a decade trying to make money move without paper, the face of Gandhi on the currency note remains as relevant as ever.
On the BSE, Moneyview opened at Rs 55.61 per share, a 63.6% premium over the issue price of Rs 34.
The average ticket size for digital NBFC loans stood at Rs 18,802, up around 15% from FY26.
Qualified institutional buyers (QIBs) drove the demand, subscribing to their portion 227.5x.
AutoPe Payment Solutions earlier used to run and manage IRCTC's i-Pay offering. The mandate is now won by another payments company.
