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Shaktikanta Das

Ensure swift action on failed transactions or pay penalty: RBI to Banks

Banking regulator the Reserve Bank of India has strengthened its norms and advised the lenders to set a turnaround time (TAT) for the resolution...
GST Council

GST Council Meet: Major rate cuts announced

Union Finance Minister Nirmala Sitharaman addressed the 27th GST Council meeting yesterday in Goa and announced a series of rate cuts on a number...

NBFCs

Sa Dhan

MFIN, Sa-Dhan jointly launch ‘Code for Responsible Lending’ for microfinance industry

Microfinance Institutions Network (MFIN) and Sa-Dhan, the Reserve Bank of India recognised self-regulatory organisations and industry associations for the microfinance industry, along with Finance...
NeoGrowth

NeoGrowth Credit raises $17 Mn through debt funding

A leading Non-banking Finance Company (NBFC) NeoGrowth Credit Pvt. Limited has announced that it has raised USD 17 million through debt financing from France’s...
PayMe

PayMe India Receives NBFC Certificate from RBI

PayMe India, one of the country’s eminent FinTech establishments has recently acquired Non-banking Financial Company (NBFC) license from nation’s apex financial institution, the Reserve...

Digital Payments

Paytm

Paytm refutes reports of charging extra for digital payments

One of India’s leading e-commerce platform Paytm refuted the media reports,  that it is going to charge users an extra amount for digital transactions...
Paytm Mall

Paytm Mall cuts its monthly cash burn to Rs 40 crore

In a bid to restructure its business, Paytm Mall has slowed down its rate of using monthly capital, often called ‘cash burn’ to  Rs...

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