InPrime Finserv has raised $3 million in Series A round led by Matrix Partners India. The round also saw participation from existing investors, InfoEdge Ventures, […]
Category: Technology
Hitachi Payment Services launches financial inclusion initiative
Hitachi Payment Services yesterday launched its financial inclusion business to redefine access to financial services for the under-banked and unbanked sections. Through this, the company […]
Decentro launches two new modes for Bank Account Verification
Decentro has launched its penniless Bank Account Verification (BAV) API. It aims to help enterprises save over five to 10 man hours and close to […]
RBI Deputy Governor notes underutilisation of IT budget by Indian banks
The Reserve Bank of India (RBI) Deputy Governor Swaminathan Janakiraman stated yesterday that Indian commercial banks are not using their whole IT budget, citing recent […]
RBI increases risk weight by 25% on consumer credit exposure of banks, NBFCs
Consumer credit of commercial banks and NBFCs attracts a risk weight of 100 percent, which now has been revised to 125 percent. The Reserve Bank […]
YES BANK announces the appointment of Mr. Tushar Patankar as Chief Risk Officer
Mumbai, November 21, 2023: YES BANK today announced the appointment of Mr. Tushar Patankar as Chief Risk Officer (CRO). In his role, Mr. Patankar will be […]
Flipkart launches ‘Flipkart Commerce Cloud’
Flipkart has launched ‘Flipkart Commerce Cloud,’ which offers retail technology solutions for International retailers, marketplaces and e-commerce platforms. The company aims to help retailers across […]
3rd National Workshop on Technology Innovation in Cyber-Physical Systems being held in Kanpur
Experts at the 3rd National Workshop on Technology Innovation in Cyber-Physical Systems (TIPS) held in Kanpur highlighted that the application of cyber physical systems in […]
UIDAI chief Amit Agrawal gets extension
The Appointments Committee of the Cabinet has extended the tenure of Amit Agrawal, the Chief Executive Officer (CEO) of the Unique Identification Authority of India […]
Vishnu Sarkar joins Morgan Lewis
Vishnu Shankar has joined Morgan Lewis as a partner resident in London. He most recently served as the Head of Legal (Regulatory Enforcement) at the […]