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Finmin Advocates Enhanced KYC and Due Diligence for Merchants and Business Correspondents
Addressing Financial Frauds: The Finance Ministry’s Proposal The finance ministry is advocating for stricter Know Your Customer (KYC) procedures and thorough due diligence by banks
Neysa Secures $20 Million Funding Led by Matrix, Nexus Ventures
Mumbai-Based AI SaaS Cloud Startup Raises Fresh Capital Neysa, a Mumbai-based artificial intelligence (AI) cloud and platform-as-a-service startup, has successfully raised $20 million in a
Top 5 Stocks Recommended After RBI Monetary Policy Meeting
Expert Recommendations Post RBI MPC Meeting In the aftermath of the RBI’s Monetary Policy Committee (MPC) meeting, market experts have identified five stocks as potential
Equity Markets Open Lower Amidst Tech Stock Losses
Sensex and Nifty See Early Declines, Followed by Mixed Performance The Indian equity markets opened on a lower note on Friday, with both the Sensex
Alphatron Capital Closes $30 Mn Maiden Fund to Invest in Indian Startups
US-based venture capital firm Alphatron Capital, formerly known as SMK Ventures, has announced the closure of its maiden fund, securing a total of $30 million
Blackstone Eyes Further Expansion in India, Aims to Grow Beyond $50 Billion in Assets
Blackstone, the global private equity and investment giant, remains bullish on India, viewing the country as a top priority market for future growth. Kathleen McCarthy,
Infrastructure Lenders Seek Relief from Increased Risk Weights on NBFC Loans
Certain lenders in India are seeking an exemption from the Reserve Bank of India (RBI) regarding the recently imposed hike in risk weights on loans
Fintech Revolution: Banks Reclaim Territory in the Evolving Lending Landscape
The Indian lending landscape is undergoing a significant transformation, driven by the rapid adoption of digital technologies and the emergence of innovative financial technology companies
India Eyes Streamlined Dollar Transactions: GIFT City and RBI Collaborate for Innovation
India’s financial landscape is poised for a significant transformation as officials from GIFT City, the country’s international financial hub, and the Reserve Bank of India
Amazon Pay Secures Coveted Payment Aggregator License from RBI
Amazon Pay, the financial technology arm of e-commerce giant Amazon, has received a significant boost in its operations by securing a Payment Aggregator (PA) license