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2 mins read

After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit

The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…

ANI   


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2 mins read

External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

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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2 mins read

BharatPe to add another 3 million merchants to its existing list of over 5 million merchants by the end of FY21

The company is currently present in 35+ cities and plans to scale its presence by adding another 30…

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2 mins read

ICICI Bank launches digital lending solution iLens, powered by TCS

ICICI Bank launched iLens, a digital lending solution, powered by TCS lending platform. iLens digit…

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2 mins read

Peer-to-peer lending start-ups get RBI guidelines, but want further clarifications

The paper has got positive reactions from peer-to-peer lending start-ups, who however want clarific…

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1 min read

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das

In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …

PTI   


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5 mins read

Paytm shares surge 5% on sustained Q4 growth, brokerages see up to 59% upside

Paytm operator One97 Communications’ shares surged by over 5% on Monday after the company reported …

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2 mins read

From UPI innovations to digital credit potential – these are the growth drivers in Paytm’s business

Paytm has been witnessing a sustained growth in revenues, which reached ₹2,062 crores in the Dec-23…

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3 mins read

This is India’s decade and GDP is likely to cross $7.5 trillion by 2031, says Morgan Stanley

The strategy report titled ‘Why This is India’s Decade’ by Morgan Stanley says: “Our Next Indi…

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4 mins read

Indian banking will maintain its growth momentum: South Indian Bank MD & CEO

Growth in credit, mergers and acquisitions, digital initiatives by the Reserve Bank of India (RBI),…

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3 mins read

Amazon and Flipkart’s biggest rival in ‘Buy Now, Pay Later’ just raised $40 million

Bengaluru-based fintech startup Simpl has raised $40 million in funding, the company’s founder and …

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7 mins read

Zomato is now bigger than Paytm — reasons why the market is not excited about Vijay Shekhar Sharma’s vision of a superapp

Two of India’s most-awaited tech IPOs, that of Zomato and Paytm, came with a lot of anxiety around …

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1 min read

Mobile payments in India jumped 163% in 2019: Report

New Delhi, June 16 (IANS) Mobile payments in India initiated by payment apps comprising account-to-…

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3 mins read

The India stack that Bill Gates and Sundar Pichai so love is set to get much bigger – thanks to the Indian government’s new blockchain strategy

Over 10 years ago, the Indian government opened up its database for private players to build produc…

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4 mins read

WhatsApp Pay UPI is now live while Google Pay, PhonePe have already got the first sting

After a long wait, WhatsApp finally received the approval to operate the Unified Payments Interface…