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State Bank Of India

NSE files IPO papers for OFS-only public issue

NSE files IPO papers for OFS-only public issue

18 Jun 2026, 11:39 AM

Shareholders participating in the sale include State Bank of India, Canada Pension Plan Investment Board (CPPIB), MS Strategic (Mauritius) Limited, Aranda Investments (Mauritius) Pte Ltd and Bank of Baroda, among others.

Exclusive: Razorpay tops UPI payment aggregator list, HDFC Bank follows

Exclusive: Razorpay tops UPI payment aggregator list, HDFC Bank follows

02 Dec 2025, 03:06 PM

This is a market-share view of UPI payment flows handled by payments aggregators through 'UPI Collect' method.

India

India's Money Makeover: From 1949 to demonetisation and to the UPI boom

14 Nov 2025, 02:02 PM

In this edition, we look at the Reserve Bank of India post its nationalisation, a period that quietly shaped India's financial destiny.

SBI, BoB to lead new fraud prevention platform Indian Digital Payment Intelligence Corp

SBI, BoB to lead new fraud prevention platform Indian Digital Payment Intelligence Corp

27 Oct 2025, 04:27 PM

The initiative will operate as a nonprofit entity with authorized funding of Rs 500 crore and initial working capital of Rs 200 crore.

Jio Financial pumps Rs 190 crore into payments bank

Jio Financial pumps Rs 190 crore into payments bank

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.

Jio Financial acquires SBI

Jio Financial acquires SBI's stake in payments bank JV

05 Mar 2025, 10:32 PM

Jio Financial Services acquires SBI's 17.8% stake in Jio Payments Bank for Rs 104.54 crore.

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Fintech Highlights

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  2. InCred Finance FY26 revenue from operations up 36% to Rs 2,546 crore

  3. NeuralKart bags seed funding led by Inflection Point Ventures

  4. Zaggle to invest in cross-border payments company Unobanc

  5. Turtlemint FY26 revenue up 57% to Rs 1,098 crore
  6. Read more news...

AI/Emerging Tech

  1. BusinessNext raises Series C funding led by ServiceNow Ventures at $700 mln valuation

  2. Fractal Q1 FY27 revenue rises 20% to Rs 913 crore, profit jumps 92%

  3. FireAI raises fresh funding from existing investor SucSEED

  4. Thinking Machines Lab launches its first AI model Inkling

  5. SwitchOn secures pre-Series B funding led by IvyCap Ventures
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IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  2. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

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

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
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Money & Machines

  1. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  2. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  3. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

  4. Money & Machines: When fintech forgot to party; AI hype missing cheques + Stock Chart [story]
  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  3. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  4. Micro VCs: Fueling India's startup pipeline or distorting it?
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]