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Snapdeal, BOB Financial to launch co-branded Contactless RuPay credit card

Snapdeal has announced its partnership with BOB Financial and NPCI to launch a co-branded contactless RuPay credit card that aims to popularise the adoption...

WaterBridge Ventures leads $3 Mn funding for Youth-focused neobank muvin

India’s indigenous youth-focused neobank, muvin has raised USD 3 million in a pre-Series A round led by WaterBridge Ventures, in participation from Alteria Capital...

JPMorgan’s High Fines Were Shocking; the Compliance Failure Was Not

Last month’s $125 million SEC fine combined with the $75 million CFTC fine against JPMorgan sent shockwaves through financial and other regulated customer-facing industries.  According...

Indian Govt approves Rs 12,000 Crore for 2nd phase of Green Energy Corridor

The Indian Government has approved Rs 12,031 crores for the second phase of the Green Energy Corridor to facilitate grid integration and power evacuation...

John D. Porcari on effects of omicron variant on the ports

John D. Porcari, the Port Envoy to the White House Supply Chain Disruptions Task Force speaks on the effect of the Omicron variant on...

India records highest ever export of $37 Bn: Piyush Goyal

Union Minister of Commerce & Industry, Piyush Goyal on January 03 said, “India has achieved the highest ever exports of $37 billion in December...

Digital payments trends and outlook for 2022

The year 2021 has been remarkable, as the digital payments industry crossed multiple milestones. With over 1.16 billion wireless telecom subscriptions, the world’s second-largest...

RBL Bank: Total deposit tanks to 2.58 percent QoQ by December end

India-based private banker, RBL Bank on Sunday said, it has reported a 2.58 percent decline in its total deposit for December 31, to Rs...

HDFC Life Insurance completes acquisitions of Exide Life

India-based leading insurance company, HDFC Life Insurance Company has announced that "It has completed the acquisitions of 100% shares in Exide Life Insurance from...

CBS Bank appointed as Agency Bank by RBI

CSB Bank has been empanelled as 'Agency Bank' by the Reserve Bank of India (RBI). This appointment will allow CSB Bank to undertake the...

Central Bank of India, U GRO Capital signs co-leading agreement to disburse MSMEs loan

U GRO Capital, an NSE & BSE listed, MSME lending fintech platform, today announced that it has signed a co-lending agreement with the Central...

UK signs free trade deal agreement with Australia

Boris Johnson led the United Kingdom (U.K) has signed a free trade deal agreement with Australia. As a part of the agreement the free trade...

Zaggle strengthens its leadership team with two key appointments

Leading SaaS-based fintech company, Zaggle has announced the two appointments in its leadership board. Vidyaniwas Khetawat and Raghav Hari Choudhary join the company in the...

Ola scoops $500 Mn through Term Loan B

Ola, India's largest mobility platform, has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. The proposed loan issuance...

Cashfree Payments partners with Mumbai Metro One

Leading payments and API banking solutions company, Cashfree Payments (Cashfree), today announced its association with Mumbai Metro One Private Limited (MMOPL) to enable online...

Indian Government to provide incentives on Rupay Card and BHIM UPI Transaction

The Government of India has announced its plan to provide an incentive of Rs 1,300 crore to promote digital transactions via BHIM UPI and...

Java Capital leads $250K funding round for BharatX

Karnataka-based fintech startup, BharatX has raised $250,000 in pre-Series seed round funding led by Java Capital. The seed round funding also saw participation from other...

“China is a Global thief” Rep. Tom Rice on Uyghur Forced Labor Prevention Act

Speaking at the House on Uyghur Forced Labor Prevention Act, Rep. Tom Rice (R-SC) on December 8 said, "China is a global thief." Adding to...

Credit Wise Capital launches Ai based chat bot to provide two-wheeler auto loan

Mumbai based non-banking financial company, Credit Wise Capital has announced the launch of "Twin2" a AI based WhatsApp chatbot to provide loan offerings to...

“We defer,” Jen Psaki on Federal Reserves ‘Peak Inflation’ projection

The White House (U.S) Spokesperson, Jen Psaki said, "We defer to the Federal Reserve and their assessments that they make, as they make predictions...

United States offered $474 million in assistance to Afghanistan in FY2021

The U.S. State Department's Spokesperson, Ned Price said, "We have provided $474 million in the fiscal year 2021." Speaking on the Humanitarian and economic situation...

LenDenClub raises $10 Mn from Tuscan Ventures, Hardik Pandya & Others

India based peer-to-peer (P2P) lending platform, LenDenClub has raised $10 million in series A round funding co-led from a consortium of investors including Tuscan...

BSE signs MoU with HBF Direct Limited to promote the listing of SMEs and Startups

Bombay Stock Exchange (BSE) has said that "It has signed a Memorandum of Understanding (MoU) with HBF Direct Ltd, to encourage and promote the...

RBI Monetary Policy: Repo Rate remains Unchanged, Inflation, GDP, UPI Transaction

Citing to the rising fear of COVID-19 Omicron variant in the country, The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) on Tuesday...

Nium elevates Pratik Gandhi to Co-Founder

The global payments company, Nium has today elevated its Chief Operating Officer, Pratik Gandhi to co-founder.  Gandhi joined Nium as Chief Business Officer in May...

ICICI Bank offers instant overdraft facility to Flipkart sellers

ICICI Bank has announced that it has partnered with Flipkart to offer an instant and completely digital overdraft (OD) facility of up to Rs....

Buvanesh Tharashankar joins Jana Small Finance Bank as CFO

With an aim to strengthen the top management team, Jana Small Finance Bank today announced the appointment of Buvanesh Tharashankar as its President...

Cashfree Payments partners with Dvara Solutions for digital distribution and collection services

Leading payments and API banking solutions company, Cashfree Payments has announced its partnership with Dvara Solutions to offer digital disbursements and collections services to...

Decimal Technologies collaborates with AU Small Finance Bank for video banking solutions

India-based digital lending and customer acquisition platform, Decimal Technologies has announced its partnership with AU Small Finance Bank to develop Video banking solutions for...

LoanKuber secures Rs 13 crore from LetsVenture, Inflection Point Ventures & Others

New Delhi based micro-financing platform, LoanKuber has raised Rs 13 crore in pre-Series A round funding led by LetsVenture in participation with Inflection Point...

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