Wise has received in-principle approval from the Reserve Bank of India (RBI) to function as a Payment Aggregator – Cross Border for export transactions. This […]
Category: Financial Inclusion
MobiKwik unveils Pocket UPI for better budgeting and security
One MobiKwik Systems has rolled out a new multimedia campaign to promote its latest innovation, Pocket UPI. This product is designed to redefine how Indians […]
UGRO Capital secures $40 million loan from United States International DFC
UGRO Capital recently revealed to have secured a $40 million (approx. Rs 3,300 million) loan commitment from the United States International Development Finance Corporation (DFC). […]
“NUCFDC, an umbrella organisation is the beginning of selfregulation,” said Amit Shah
Union Home and Cooperation Minister Amit Shah today launched the National Urban Cooperative Finance and Development Corporation (NUCFDC), an umbrella organisation for Urban Cooperative Banks (UCBs) […]
Shachindra Nath, Founder, Vice Chairman & Managing Director of U GRO Capital Joins the Board of FIDC
Finance Industry Development Council (FIDC) is a Representative Body of NBFCs registered with the Reserve Bank of India. FIDC was formed 19 years ago and […]
SBI launches ‘Mobile Handheld Device’
The State Bank of India (SBI) has launched ‘Mobile Handheld Device’ for its Financial Inclusion (FI) customers. The initiative unveiled by Dinesh Khara, Chairman, SBI, […]
4th G20 GPFI meeting concludes in Mumbai
The 4th G20 Global Partnership for Financial Inclusion (GPFI) meeting, which was held in Mumbai, concluded recently. The three-day meeting from 14th to 16th September, […]
Oracle conducted Financial Services Innovation Exchange to strengthen the Urban Cooperative Banks
B2B Infomedia in association with Oracle has organized Financial Services Innovation Exchange on 26th July 2023, Mumbai focusing Urban Co-operative Banks. The theme of the […]
Banks open loan taps to top performers among smaller NBFCs
Bank lending to NBFCs rose 31% in September 2022. Rating agency India Ratings has said that with the sharp rise in banks’ lending rates and […]
Need similar regulations for banks and fintechs if underlying activity is same: RBI DG
Reserve Bank Deputy Governor T Rabi Sankar on Wednesday pitched for similar regulation for both banks and non-bank entities like fintechs if they are undertaking […]