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Fintech players seek at least 1 yr sunset clause on RBI directive on credit lines by PPI issuers
June 24, 2022With the RBI cracking down on credit facilities provided by non-bank prepaid payment instrument issuers, industry...
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EV startup Mecwin India to set up Rs 50 cr manufacturing plant in Bengaluru
June 24, 2022Electric vehicle startup Mecwin India on Friday said it is going to invest Rs 50 crore...
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RBI proposes norms for outsourcing of IT services by banks, NBFCs
June 24, 2022The Reserve Bank on Thursday proposed norms for the outsourcing of IT services to ring-fence banks...
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Agri Min Tomar to take up industry’s demand on reducing GST on pesticides with FM
June 23, 2022Agriculture Minister Narendra Singh Tomar on Thursday assured the agro-chemicals industry that he would take up...
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Pine Labs acquires API fintech startup Setu in USD 70-75 mn deal
June 23, 2022Merchant commerce platform Pine Labs on Thursday announced the acquisition of Bengaluru-based API fintech startup Setu...
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PM Modi to attend virtual BRICS summit being hosted by China
June 22, 2022Prime Minister Narendra Modi will join Chinese President Xi Jinping and Russian President Vladimir Putin at...
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Neobanking platform Stashfin raises over Rs 2,100 crore from multiple investors
June 22, 2022Singapore-based neobanking platform Stashfin has raised over Rs 2,100 crore equity and debt capital from a...
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CyberProof Collaborates with Microsoft on New Portfolio of Security Services
June 21, 2022CyberProof, a UST company, announced that it is collaborating with Microsoft to provide Managed Extended Detection...
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Proptech startup Settlin raises USD 1 mn for expansion, growth
June 21, 2022Proptech firm Settlin, which is into brokerage for resale homes, has raised USD 1 million (about...
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Adverse global events may lead to USD 100 bn portfolio outflows, says RBI article
June 20, 2022Markets regulator Sebi has set up an advisory committee on hybrid securities, which will make recommendations...
