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RBI grants SRO status to SRPA for payment system operators

RBI grants SRO status to SRPA for payment system operators

11 Nov 2025, 19:10 PM

The SRPA was an entity floated by industry association Payments Council of India (PCI) to qualify as an SRO under the RBI’s framework.

Fintech founders float new entity to seek RBI nod for SRO status

Fintech founders float new entity to seek RBI nod for SRO status

07 Apr 2025, 15:48 PM

Once approved, India Fintech Foundation (IFF) will be the second Fintech-SRO after Fintech Association of Consumer Empowerment (FACE).

RBI invites applications for SRO in account aggregator space

RBI invites applications for SRO in account aggregator space

17 Mar 2025, 19:16 PM

In its notification, the central bank said that the interested parties should apply through the PRAVAAH portal before June 15.

About 3 crore loans worth Rs 36,897 crore disbursed in Q2FY25: FACE

About 3 crore loans worth Rs 36,897 crore disbursed in Q2FY25: FACE

25 Dec 2024, 00:28 AM

As of September 2024, the total assets under management (AUM) reported by 28 FACE member companies stood at Rs 51,537 crore.

Who Reads Us

Fintech Highlights

  1. UP govt plans banking to blockchain hub on Yamuna Expressway

  2. Payoneer gets in-principle nod from RBI to operate as cross-border PA

  3. Pine Labs-owned Setu to take full ownership of account aggregator Agya Technologies

  4. Cashfree unveils ESOP buyback plan for over 400 employees

  5. PhonePe gets SEBI nod for IPO, listing expected by March-end
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AI/Emerging Tech

  1. xAI co-founder Yang steps down following Lyme disease diagnosis

  2. Emergent raises $70 million in Series B funding led by Khosla Ventures, SoftBank

  3. FireAI attracts first institutional funding round led by Inflection Point Ventures

  4. Unbox Robotics raises Series B funding round led by ICICI Venture

  5. Spacetech startup EtherealX secures Series A funding co-led by TDK Ventures, BIG Capital
  6. Read more news...

IPO Tales

  1. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  2. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO
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Money & Machines

  1. Visa's utility shift; an AI bet that isn't accidental

  2. A payments scare and an AI funding reality check

  3. ONDC confused me for years — now AGI is confusing everyone

  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar