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Indian Banks Enhance Deposit Rates Amidst Policy Changes
Indian banks are pushing special deposit programs with higher interest rates in an attempt to draw in retail deposits. Banks are providing deposit rates for
IMF Boosts India’s Growth Forecast Amidst Global Economic Challenges
The growth estimate for India has been revised upward by the International Monetary Fund (IMF), which now projects a 7% expansion for the fiscal year
RBI Tightens The Screws On Fintech KYC
The Reserve Bank of India (RBI) has issued a stern warning to fintech startups: strict adherence to Know Your Customer (KYC) guidelines is non-negotiable. In
Bill Gates-Backed Startup Revolutionizes Butter Production
Savor, a food tech startup based in California, is causing a stir in the food sector with their innovative method of manufacturing butter without using
Air India Passenger Arrested For Gold Smuggling: A Case Of Unconventional Detection
An Air India passenger was detained for smuggling gold at Delhi’s Indira Gandhi International Airport in a unique episode that shocked the aviation and customs
Strict KYC Rules: Boon Or Bane For Fintech Startups In India?
Fintech startups in India are facing a stricter regulatory environment, particularly regarding Know Your Customer (KYC) norms. Key Takeaways What it means for Fintech Startups
India Aims To Become A Global E-commerce Export Powerhouse
Government Unveils Plan to Boost Ecommerce Exports The Indian government is gearing up to significantly increase the country’s share in the global ecommerce market. Commerce
Paytm Receives SEBI Warning Over Related Party Transactions With Payments Bank
SEBI’s Concerns and Paytm’s Response Paytm’s parent company, One 97 Communications, has received an administrative warning from the Securities and Exchange Board of India (SEBI)
Stripe Soars To $70 Billion Valuation As Sequoia Capital Seeks Share Buybacks
Sequoia Capital Targets Early Investors with Share Buyback Offer The enormous financial technology company Stripe has seen a sharp increase in valuation, with a recent
Indian Banks Mull Self-Regulation Of Fintech Sector With SRO
Indian Banks Consider Establishing Self-Regulatory Body for Fintech Oversight Indian banks are apparently looking toward the establishment of a self-regulatory organization (SRO) to supervise the