In a major boost to the rural economy, Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025-26, announced an increase in the loan limit […]
Tag: financial inclusion
RBI approves Tata Communications’ exit from ATM business with Rs 330 crore sale to Findi’s TSI
The Reserve Bank of India (RBI) has granted approval for Tata Communications to divest its entire stake in Tata Communications Payment Solutions to Transaction Solutions […]
PNB MetLife partners with India Post Payments Bank to expand life insurance access
In a major step towards enhancing financial inclusion, PNB MetLife and India Post Payments Bank (IPPB) have entered into a bancassurance partnership to make life […]
Bharti Airtel and Bajaj Finance join forces to build digital financial platform
Bharti Airtel and Non Banking Financial Company (NBFC), Bajaj Finance have announced a partnership to create a digital financial platform. This collaboration aims to transform […]
RBI approves merger of National Co-operative Bank with Cosmos Co-operative Bank
The Reserve Bank of India (RBI) recently announced the approval of the voluntary merger of The National Co-operative Bank, Bangalore, Karnataka, with Cosmos Co-operative Bank, […]
Aditya Birla Capital becomes first to offer lending, insurance and investments on ONDC
Aditya Birla Capital has become the first financial services company to integrate lending, insurance and investment solutions on the Open Network for Digital Commerce (ONDC). […]
M2P Fintech and SBI join hands to revolutionise prepaid payment ecosystem
In a strategic move to enhance the prepaid payment ecosystem, M2P Fintech has partnered with the State Bank of India (SBI) to deliver seamless and […]
TransUnion CIBIL appoints Bhavesh Jain as new Managing Director and CEO
TransUnion CIBIL has announced the appointment of Mr. Bhavesh Jain as its new Managing Director (MD) and Chief Executive Officer (CEO). Jain succeeds Rajesh Kumar, […]
RBI raises UPI Lite wallet limit to Rs 5,000 and boosts per-transaction cap to Rs 1,000
The Reserve Bank of India (RBI) has increased the UPI Lite wallet limit to Rs 5,000 and the per-transaction cap to Rs 1,000, aiming to […]
RBI slashes CRR by 50 basis points to boost liquidity and credit growth
The Reserve Bank of India (RBI) has announced a phased reduction in the Cash Reserve Ratio (CRR) by 50 basis points, bringing it down to […]