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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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Minicorns, Unicorns tripled in USD 100 billion Indian fintech ecosystem: BCG, Z47

The Fintech ecosystem of the country now cumulatively valued at over USD 100 billion, is at a pivot…

ANI   


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9 mins read

My flight was delayed by over 3 hours. The carrier did not compensate for it. Here's how it unfolded

According to Indian regulations, the initial airline is supposed to either provide an alternate fli…

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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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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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VC investments, deals grew in India in Q1 despite fall in global activity: Report

Both venture capital (VC) investment and the number of VC deals grew in India in the first quarter …

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1 min read

Fintech firm Perfios becomes India's second unicorn of this year

B2B SaaS fintech company Perfios has become India's second unicorn of 2024 as it raised $80 million…

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Fintech personal loans log 62% of sanction volumes in FY24 first half in India: FACE report

Fintech personal loans have grown steadily in the country and contributed to a third of overall act…

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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

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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Mobility fintech startup Moove raises $10 mn to expand India footprint

Global mobility fintech startup Moove on Wednesday said it has raised $10 million in new debt fundi…

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4 mins read

India and Singapore elevate relations to Comprehensive Strategic Partnership; Agree to expand trade, investment

India and Singapore elevated their bilateral relations to the level of Comprehensive Strategic Part…

ANI   


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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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3 mins read

Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report

Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…

PTI   


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On 8th year of its operations, Jio achieves 8% of world's mobile data traffic

Today, Jio accounts for 8 per cent of the world's total mobile data traffic, making it the largest …

ANI   


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Vijay Shekhar Sharma: The controversies of the architect of fintech

Vijay Shekhar Sharma, one of the most recognised faces of India's fintech industry, has seen a fai…

PTI   


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Piyush Goyal invites Malaysian businesses to invest in India's oil, gas, and electronics sectors

Union Minister Piyush Goyal stressed enhancing trade ties between India and Malaysia at the India-M…

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The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation

India has cemented its position as a pioneer in developing and integrating digital infrastructure. …

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Women are more likely to adopt digital financial services when introduced by local agents or women community influencers

Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…

ANI