News Tamilnad Mercantile Bank Launches TMB Vani AI in 40 Languages
Tamilnad Mercantile Bank launched TMB Vani, an AI telecaller for 40 languages, with a Smart Kiosk and auto-reconciliation tool on its 105th Foundation Day.
RBI Fraud Compensation: Banks Seek Central Claims System
Banks want a central fraud reporting and claims system before RBI fraud compensation of up to ₹25,000 for small-value frauds starts in…
Olyv Raises ₹57.62 Crore in Extended Series C Round
Olyv has raised ₹57.62 crore in an extended Series C round led by Nippon India Digital, with Fundamentum also participating, according to…
Veefin Migrates to NSE and BSE Main Boards From SME
Veefin Solutions has migrated from the BSE SME platform to the NSE and BSE main boards, with trading in the new segment…
IOB Launches Digital Rupee App With UPI Interoperability
Indian Overseas Bank has launched the IOB Digital Rupee app, offering e₹ wallets for P2P and P2M payments with UPI interoperability and…
SEBI Revises FATCA and CRS Rules Under New Tax Law
SEBI has revised FATCA and CRS reporting for intermediaries under the Income-tax Act, 2025, with Form 166 replacing Form 61B from 1…
RBI May Curb PE Control of Multiple NBFCs, Says Report
A Reuters report, citing unnamed sources, says the RBI may stop private equity firms controlling more than one NBFC. The central bank…
Tide to Exit India Member Business, Invest £250 Million
Tide will wind down its India member business after a review found no path to profit, invest £250 million, and retain its…
RBI Issues Domestic Money Transfer Directions, 2026
The Reserve Bank has issued the Domestic Money Transfer Directions, 2026, effective immediately, consolidating cash pay-in and pay-out rules.
Temasek to Invest ₹2,500 Crore in Godrej Capital NBFC
Temasek will invest ₹2,500 crore in Godrej Capital at a valuation of up to ₹28,000 crore, with Godrej Industries set to keep…
