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This sends a strong message to others in the digital lending space.
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This sends a strong message to others in the digital lending space.
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.
The average number of transactions per day in December 2021 was the highest till date.
Read the recommendations made by the working group set up by the RBI to study all aspects of digital lending.
The state government has tapped eleven members for the council that will meet once in six months.
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.
