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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. Pine Labs' Navin Chandani resigns as President, CBO of issuing biz

  2. Razorpay partners with OpenAI to bring payments to Codex

  3. Dhan's parent to acquire wealthtech startup Infinyte Club

  4. Antler-backed Covrzy rejects two M&A offers, opts to shut down

  5. Fino Payments Bank's compliance chief Aashish Pathak steps down
  6. Read more news...

AI/Emerging Tech

  1. Agentic AI startup Xccelera bags funding from angel investors

  2. InsideFPV executes Rs 10 crore defence contract to supply indigenous drones

  3. Spacetech startup SatLeo Labs bags seed funding led by Unicorn India Ventures

  4. OpenAI raises $122 billion at post-money valuation of $852 billion

  5. IndiaAI Mission CEO Abhishek Singh to move from MeitY to NTA as Director General
  6. Read more news...

IPO Tales

  1. Shiprocket IPO: A profitable core, costly emerging bets

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

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

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
  5. Read more news...

Money & Machines

  1. 'Guilty, until proven innocent'; The ARR illusion

  2. Rishi Gupta is out on bail. What next?; The cost of frivolous AI use

  3. Fintechs' Dubai Dream; Founders' AI Second Act

  4. A CEO arrested, hearing delayed; Sarvam's AI pitch
  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet
  5. Read more news...

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