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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
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
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
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…
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…
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…
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
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 …
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…
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…
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),…
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 …
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 …
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-…
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…
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…