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RBI

RBI puts ‘temporary pause’ on repo rate cut; wants to see economic growth post...

The Reserve Bank of India’s Monetary Policy Committee has hit a pause on back-to-back repo rate cuts, in a bid to allow market interest...
RBI

RBI set to introduce new prepaid card for transactions up to Rs10,000

The Reserve Bank of India has proposed to launch a new prepaid payment instrument (PPI) that will be used only for transactions of goods...

NBFCs

Sachin Bansal

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

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

Paytm

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...
PayU

PayU acquires wealth tech startup Fisdom

Digital payments firm PayU has acquired a minority stake in Fisdom, a wealth tech start-up by leading an $11 million (Rs 78 crore) funding...

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