Fintech
Former Revenue Secretary Sanjay Malhotra Appointed as RBI Governor
The Government of India has appointed Sanjay Malhotra as the 26th Governor of the Reserve Bank of India (RBI), succeeding...
UPI Lite Users Can Now Pay Up to ₹1,000 Offline, Thanks to RBI’s New Rules
The Reserve Bank of India (RBI) has announced an increase in transaction limits for UPI Lite, a feature designed to...
Post-festival Slump: UPI Transactions Decline 7% in Nov But Maintain Long-Term Momentum with 38% Yearly Growth
Unified Payments Interface (UPI) transactions in November 2024 totaled ₹15.47 lakh crore, reflecting a 6.6% month-on-month decline from October's ₹16.56...
Fintech Firms to Benefit from Cost Savings with PAN 2.0, Says Report
India’s fintech ecosystem is poised for transformation with the introduction of PAN 2.0, a revamped version of the Permanent Account...
Paytm Launches UPI LITE Auto Top-Up for Small-Value Transactions
One 97 Communications Limited (OCL), which owns the brand Paytm, India’s leading payments and financial services distribution company, has introduced...
India strengthens its bond with Guyana through cultural heritage and fintech-driven collaboration.
Prime Minister Narendra Modi's address to the Indian community in Georgetown, Guyana, marked a celebration of cultural heritage, economic progress,...
Fintech Startup Credflow Secures ₹31 Cr to Strengthen SME-Focused Offerings
Credflow, a fintech startup dedicated to empowering small and medium enterprises (SMEs), has successfully raised ₹31 crore in its latest...
RBI Keeps Repo Rate Unchanged at 6.5%, Shifts Policy Stance to Neutral
In its October 2024 monetary policy meeting, the Reserve Bank of India (RBI) decided to maintain the repo rate at...
75% of UPI Users May Abandon Platform if Transaction Fees Introduced: Survey
A recent LocalCircles survey indicates that 75% of UPI users in India would stop using the platform if transaction fees...
SoftBank backed Revolut to Launch Services in India by 2025
Revolut, one of Europe’s leading fintech companies, is set to launch its services in India by 2025, with a focus...
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