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Finance

FPI outflow on rise in 2022

Amid heightening geopolitical tensions between Russia and Ukraine and inflation concerns, foreign investors have pulled out a net Rs 1,14,855.97 crore from the Indian...

BoB in collaboration with Paisalo to offer small-ticket loan to MSMEs and women entrepreneurs

Bank of Baroda has announced that it has signed a co-lending agreement with Paisalo Digital, a non-banking financial firm to offer small-ticket business loans...

Fintech firm Clear collaborates with 5Paisa to make ITR filing hassle-free for traders

Fintech firm Clear has collaborated with 5Paisa to simply income tax return (ITR) filing hassle-free for traders. 5paisa is India's fastest-growing discount stockbroker with...

Green fundraise by Indian firms expected to grow 50 percent this year

An investment amounting to $15 trillion has been expected in the ESG space, and more investment opportunities will be seized in the next two...

Aquaconnect raises Rs 60 crore funding from Trifecta Capital

Aquaconnect has announced that it has raised Rs 60 crore in a venture debt funding round organized by a venture debt firm Trifecta Capital. Aquaconnect...

The need of UPI-like platform for e-commerce

The proposed Open Network for Digital Commerce intents to keep a check on digital monopolies and create more inclusiveness within the digital commerce ecosystem....

Prepaid cards bots of Fintechs leading to misuse of e-payments

Issuing prepaid payment instruments by banks to retailers in bulk is being misused to generate transactions, which is helping some of the fintech firms...

Fewer EMI bounces indicates drop in loan defaults

Debit bounce rates on bank accounts have reached their lowest level since May 2019, indicating an improvement in the assets quality of banks. National...

One Moto India collaborates with Reliance General Insurance to offer motor insurance

One Moto India, an electric two-wheeler maker has collaborated with Reliance General Insurance to provide motor insurance to its customers. The EV maker has...

RBHI collaborates with IIT Madras Incubation Cell

RBI Innovation Hub (RBIH) has collaborated with IIT Madras Incubation Cell (IITMIC) to create a fintech ecosystem in India that is very important to...

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