The RBI has instructed payment companies to monitor high-value or suspicious transactions during the Lok Sabha elections, aiming to prevent misuse for influencing voters or financing political candidates. This underscores the need for vigilant monitoring of digital payment channels.
RBI Directs Payment Firms To Monitor Suspicious Transactions During Elections Read More »
OPL, the innovator behind “PSB loans in 59 minutes,” is set to introduce sachet-size Loans based on GST and a credit ranking system for MSMEs. These initiatives aim to enhance credit accessibility for over 90 lakh MSMEs, with loans tailored to cash flow and a FIT Rank technology for evaluating creditworthiness. Currently, PSB loans in 59 minutes has approved 249,469 proposals totaling Rs 86,598 crore.
Upcoming for MSMEs : Sachet-size Loans Based On GST In India Read More »
Trust Fintech, a small enterprise specializing in software solutions for the banking and financial sector, is preparing for its IPO from March 26 to 28. The company aims to raise Rs 63.45 crore, offering shares between Rs 95 and Rs 101 each. The IPO presents an opportunity for investors to tap into the company’s growth potential.
Trus Fintech IPO : Saas Platform Raises INR 18 Cr from Anchor Investors Read More »
According to a recent Reuters poll, the Reserve Bank of India (RBI) is expected to maintain its current interest rates until at least July, longer than the anticipated timeline for the U.S. central bank. The decision is based on India’s robust economic growth and persistent inflationary pressures. India’s economy recorded an impressive growth rate of
RBI likely to hold rates steady until at least July: Poll Read More »
The Indian digital payment system, UPI, expands globally with recent launches in Sri Lanka and Mauritius, aiming to enhance digital connectivity and facilitate seamless transactions. Prime Minister Modi envisions taking UPI global.
After France, Now Sri Lanka and Mauritius To Get UPI; RuPay Card Connectivity Read More »
The Indian government is assessing Chinese FDI in Paytm Payments Services Ltd due to regulatory non-compliance and Ant Group’s ownership. Pending final decision. RBI restrictions on Paytm Payments Bank Ltd.
Govt examining FDI flow from China in Paytm Payments Services Read More »
