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Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan
Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…
PTI
Beyond banking: How Slack is reshaping financial services for the digital age
In the ever-evolving landscape of financial services, technology has become the cornerstone of inno…
Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor
He also highlighted one particularly concerning practice that involves the invasion of customers' p…
ANI
Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi
Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…
PTI
HDFC securities unveils 'Brokerage as a Service' for institutions and fintechs
The Brokerage as a Service by HDFC securities provides a versatile and profitable approach for inst…
ANI
India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
PTI
India’s fintech funding shrinks over 60% to $2 billion
In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…
Fintech SRO aims to enhance credibility of sector, promote ethical conduct
The Reserve Bank(RBI) of India has released a preliminary framework outlining general functions, go…
RBI releases draft framework for Fintech sector self-regulatory organisations
The RBI on Monday released a 'draft framework for recognising Self-Regulatory Organisations (SRO) f…
Regulations enabled India to be global benchmark in fintech: Razorpay's Harshil Mathur
Regulations in the fintech industry have enabled India to become a global benchmark in fintech and …
ADB approves $23 million loan to catalyze fintech development in Gujarat
According to ADB, Gujarat International Finance Tec-City (GIFT), a state-owned enterprise, serves a…
ANI
Experts suggest regulatory reassessment to boost fintech sector and ease compliance burden
With fintech sector gaining size and scale, there is a need to relook at the regulatory policies an…
PTI
SCOPE launches $45 million venture capital fund for fintech, gaming sectors
SCOPE, an invite-only networking platform for the startup ecosystem, on Tuesday announced the launc…
PTI
Fintech repository to be set up by April 2024, says Shaktikanta Das
The Reserve Bank of India (RBI) has proposed the establishment of a fintech repository. “This will …
Indian fintech startup funding fell 45% to $6.3 billion in 2022: IIFL report
Overall funding for startups declined to $46.69 billion in 2022, from $74.5 billion in 2021. The In…
RBI Governor asks fintech players to form self regulatory organisation
Fintech players should form a self regulatory organisation for an orderly growth of the industry th…
PTI
Sebi working on AI tool to curb misselling by mutual funds: Buch
Markets regulator Sebi is building an artificial intelligence tool to help detect misselling by mut…
PTI
Startups in 2024: Innovation can't override a profitable bottom line
In 1999, amidst the dot-com frenzy, Warren Buffett's prophetic words at the Allen-Sunny Valley Conf…
Fintechs show strongest hiring intent in BFSI sector, focus on improved employee experience
The Banking, Financial Services and Insurance (BFSI) sector is projected to witness a strong surge …
Big banks, please stop trying to be fintechs
Big banks love to talk about how they're just as innovative as fintechs. But they're completely dif…