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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...

India gave a nod to foreign investment amounting $1.79 billion from neighboring countries

India on Wednesday has said that it has given a nod to foreign investment worth $1.79 from neighboring countries. Earlier in April 2020, India had...

Digital payments in India powered by Payment Aggregators

The digital payment industry in India is growing at a fast pace. The statistics by the Reserve Bank of India have revealed that the...

Xpedize is acquired by Fintech Saas company Clear

Xpedize, a supply chain finance firm Xpedize has been acquired by Fintech SaaS firm Clear, formerly known as ClearTax. Xpedize will be now known...

Companies facing disrupt challenges to get cash flow support from lenders

Banks are planning for contingency cash flow support and credit enhancement scheme to address the disruption challenge faced by mid-corporate companies. These companies are...

Tata Group to introduce its own UPI-based app

Tata Group is going to give stiff competition to some of the leading UPI based service providers including PhonePe, WhatsApp Pay, Google Pay, Paytm,...

Check out the 5 tips shared by SBI to ensure your ATM Safety

The State Bank of India (SBI) has shared some effective safety tips and precautions to be adhered by its customers to avoid or reduce...

IT audit guidelines laid out for Paytm Payments Bank – RBI

The Reserve Bank of India has decided to set the terms of reference for an independent technology audit of Paytm Payments Bank. This decision...

Reserve Bank of India removes interest cap for microfinance loans

The Reserve Bank of India has increased eligibility criteria for microfinance loans to a household having an annual income of up to Rs 3...

Banks possibly will miss the March-end deadline to transfer Rs 50,000 crore bad loans to NARCL

The March-end deadline given for transferring Rs 50,000 crore by banks to National Asset Reconstruction Company (NARCL) is unlikely to be met. The main...

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