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Centre clears changes to Partial Credit Guarantee Scheme for NBFCs
The Union Cabinet has cleared the changes to the partial credit guarantee scheme for non-banking financial firms and housing finance companies.
During Union Budget this year, centre had announced the...
Piramal Group, IIFL Wealth to offer Last-mile funding for real estate projects
Piramal Group and IIFL Wealth Management Limited have joined hands on an Alternative Investment Fund (AIF) platform for funding select advance stage / last-mile...
Aadhaar
GST
NBFCs
Sachin Bansal acquires Chaitanya Rural, becomes CEO
Flipkart’s co-founder Sachin Bansal has acquired majority stake in Bengaluru-based microfinance company Chaitanya Rural Intermediation Development Services (CRIDS). With this, he entered the world...
RBI combines key departments to strengthen regulation for banks, NBFCs
In a bid to curb the menace of rising financial frauds, the Reserve Bank of India (RBI) has merged several of its departments.
To tighten...
Digital Payments
Hemant Taware joins Innoviti as Chief Business Officer
Payment solutions provider, Innoviti Payment Solutions has named Hemant Taware as its new Chief Business Officer. Taware holds over 25 years of diverse expertise...
Paytm likely to invest Rs 500 crore in tech startups
Digital payments company Paytm is planning to invest Rs 500 crore in emerging startups that build technologies supporting the digital ecosystem.
The company will be...
