MobiKwik Group has received approval from the Reserve Bank of India (RBI) for its Non-Banking Financial Company (NBFC) licence, marking a step in its plan […]
Tag: FinancialInclusion
Jio Financial Services and Allianz form insurance JV
Jio Financial Services Limited (JFSL) and Allianz Group, through Allianz Europe B.V., have entered into a binding agreement to form a 50:50 primary insurance joint […]
Paisalo moves to AI-led lending platform
Paisalo Digital Limited has announced an accelerated transition into a fully AI-powered lending platform, positioning itself for scalable growth, improved profitability, and enhanced operational efficiency […]
CIBIL Score goes live on BHIM App
TransUnion CIBIL has partnered with NPCI BHIM Services Limited (NBSL) to integrate the consumer CIBIL Score and Credit Information Report (CIR) into the BHIM Payments […]
Bank of Baroda joins hands with Jio to bring digital banking to feature phone users
Bank of Baroda has partnered with Reliance Jio to launch “bob World Lite,” a feature phone-compatible banking app aimed at expanding digital banking access. The […]
Bank of Baroda launches bob SAMVAD AI multilingual platform
Bank of Baroda has launched ‘bob SAMVAD’, an AI-powered multilingual conversational platform designed to transform in-branch customer interactions. The platform was inaugurated by M. Nagaraju, […]
RBI draft proposes tech-driven BC model to expand cooperative banking access
The Reserve Bank of India has released the draft of the Branch Authorisation Amendment Directions, 2026, proposing structural changes to how cooperative banks expand their […]
PayNearby enables cardless cash via UPI cashpoint
PayNearby has launched UPI Cashpoint, a new service enabling cardless cash withdrawals at neighbourhood retail outlets, with a focus on semi-urban and rural markets where […]
Bank of Baroda introduces UPI-linked credit line for women SHGs
Bank of Baroda has launched an overdraft facility linked to UPI for women Self-Help Group (SHG) members, becoming the first bank in the country to […]
Assam Govt partners with BillMart and FynX Capital to launch salary-linked credit for employees
The government of Assam has signed a Memorandum of Understanding (MoU) with BillMart and FynX Capital to introduce Earned Salary Advance (ESA) and Salary-Linked Credit […]