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Airtel grabs minority stake in cloud networking solutions firm Bharti Airtel has become a minority shareholder (7 percent stake) in cloud-based networking solutions provider...
Fintechs doubtful about PPI-KYC wallet interoperability The RBI’s mandate to enable interoperability between full-KYC wallets and prepaid payment instruments (PPIs) has led to uncertainty...
Despite roots in stock trading, the fintech company will now be joining players like CRED and may enter neobanking too.
With this move, the central bank looks to keep up with innovation in the fintech sector while staying wary of Big Tech.
Read the recommendations made by the working group set up by the RBI to study all aspects of digital lending.
Besides an increase over last month, the month of October also saw the highest number of average UPI transactions in a day.
While UPI transactions have been growing consistently, this month saw a drop in the average amount exchanged per transaction.