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Empowering Indian Travellers: PhonePe Introduces UPI Payments in Sri Lanka
In a significant move aimed at enhancing digital payment accessibility for Indian travellers, fintech major PhonePe has forged a strategic partnership with LankaPay to introduce
Apax Partners Expands India Presence with Strategic Investment Approach
Unveiling Apax Partners’ Growth Strategy in India Apax Partners, a prominent London-based private equity firm, is set to amplify its presence in India’s burgeoning investment
Jefferies Upgrades Kotak Mahindra Bank’s Share Price Target
Kotak Mahindra Bank’s Share Price Target Raised Jefferies, a renowned brokerage firm, recently raised its recommendation on Kotak Mahindra Bank Ltd to ‘Outperform’ from ‘Neutral’.
Banks and CBI Clash Over Fraud Accounts: Supreme Court to Intervene
A disagreement between the Central Bureau of Investigation (CBI) and major banks over branded ‘fraud accounts’ is intensifying, potentially requiring Supreme Court involvement. Last year,
FDI Norms in Space Sector to Attract Foreign Players and High-Tech Job
Unlocking Foreign Investment Potential in India’s Space Sector The Indian government’s recent decision to relax foreign direct investment (FDI) norms in the space sector has
RBI Penalizes Satara Sahakari Bank Limited for Non-Compliance
The Reserve Bank of India (RBI) has taken strict action against The Satara Sahakari Bank Limited, based in Mumbai, Maharashtra. The bank has been penalized
Foreign Banks Request Flexibility on LEF Rules for Nostro Accounts
Foreign banks are pleading with the banking regulator to be more forgiving when it comes to adhering to the large exposures framework (LEF) of the
YES BANK and ANQ Finance Introduce Pi and Phi Credit Cards
Two new credit cards, called Pi and Phi, have been introduced by YES BANK and ANQ Finance. These cards provide special advantages and features for
Financial Planning: How to Set Your Goals, Budget Your Expenses, and Save for the Future
Financial planning serves as the cornerstone of a secure and prosperous future. In an era of economic uncertainties, developing a well-thought-out financial plan becomes not
RBI Issues Directive to TalkCharge: Cease Wallet Operations and Refund Balances
The Reserve Bank of India (RBI) has once again intervened in the operations of payments platform TalkCharge Technologies, instructing it to discontinue the issuance of