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2 mins read

Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan

Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…

PTI   


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5 mins read

Beyond banking: How Slack is reshaping financial services for the digital age

In the ever-evolving landscape of financial services, technology has become the cornerstone of inno…

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2 mins read

Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor

He also highlighted one particularly concerning practice that involves the invasion of customers' p…

ANI   


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Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi

Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…

PTI   


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HDFC securities unveils 'Brokerage as a Service' for institutions and fintechs

The Brokerage as a Service by HDFC securities provides a versatile and profitable approach for inst…

ANI   


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3 mins read

India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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4 mins read

India’s fintech funding shrinks over 60% to $2 billion

In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…

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2 mins read

Fintech SRO aims to enhance credibility of sector, promote ethical conduct

The Reserve Bank(RBI) of India has released a preliminary framework outlining general functions, go…

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2 mins read

RBI releases draft framework for Fintech sector self-regulatory organisations

The RBI on Monday released a 'draft framework for recognising Self-Regulatory Organisations (SRO) f…

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Regulations enabled India to be global benchmark in fintech: Razorpay's Harshil Mathur

Regulations in the fintech industry have enabled India to become a global benchmark in fintech and …

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ADB approves $23 million loan to catalyze fintech development in Gujarat

According to ADB, Gujarat International Finance Tec-City (GIFT), a state-owned enterprise, serves a…

ANI   


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4 mins read

Experts suggest regulatory reassessment to boost fintech sector and ease compliance burden

With fintech sector gaining size and scale, there is a need to relook at the regulatory policies an…

PTI   


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1 min read

SCOPE launches $45 million venture capital fund for fintech, gaming sectors

SCOPE, an invite-only networking platform for the startup ecosystem, on Tuesday announced the launc…

PTI   


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4 mins read

Fintech repository to be set up by April 2024, says Shaktikanta Das

The Reserve Bank of India (RBI) has proposed the establishment of a fintech repository. “This will …

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3 mins read

Indian fintech startup funding fell 45% to $6.3 billion in 2022: IIFL report

Overall funding for startups declined to $46.69 billion in 2022, from $74.5 billion in 2021. The In…

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2 mins read

RBI Governor asks fintech players to form self regulatory organisation

Fintech players should form a self regulatory organisation for an orderly growth of the industry th…

PTI   


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1 min read

Sebi working on AI tool to curb misselling by mutual funds: Buch

Markets regulator Sebi is building an artificial intelligence tool to help detect misselling by mut…

PTI   


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4 mins read

Startups in 2024: Innovation can't override a profitable bottom line

In 1999, amidst the dot-com frenzy, Warren Buffett's prophetic words at the Allen-Sunny Valley Conf…

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2 mins read

Fintechs show strongest hiring intent in BFSI sector, focus on improved employee experience

The Banking, Financial Services and Insurance (BFSI) sector is projected to witness a strong surge …

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Big banks, please stop trying to be fintechs

Big banks love to talk about how they're just as innovative as fintechs. But they're completely dif…

Dan DeFrancesco