Thursday, Jul 07, 2022
Outlook.com

Big Tech Firms Offering Financial Services Pose Risk To Financial Stability: RBI

Big Tech Firms Offering Financial Services Pose Risk To Financial Stability: RBI

Big techs can scale up rapidly and pose risk to financial stability, which can arise from increased disintermediation of incumbent institutions, it noted

01 July 2022
RBI Tightens Noose On Prepaid Payment Instruments; Payment Council Asks Govt To Step In

RBI Tightens Noose On Prepaid Payment Instruments; Payment Council Asks Govt To Step In

The ever-evolving payments framework in India is set to witness regulatory action by the Reserve Bank of India; PCI now wants the government to step in and...

27 June 2022

Finance Ministry Asks Banks To Explore Fintech Partnership, Co-Lending Opportunities

In the recently concluded performance review of PSBs by the Finance Ministry, sources said, lenders were asked to focus on technology and data analytics to...

Slice Raises $50 Million In Funding Led By Tiger Global

Slice Raises $50 Million In Funding Led By Tiger Global

In November 2021, Slice entered the unicorn club after raising $220 million in its Series-B fundraise co-led by Tiger Global and Insight Partners. 

01 June 2022

What Governance Tokens Are And How They Work

Governance tokens are crucial in distributing control of blockchain projects among the community users

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19 May 2022
MakeMyTrip Ties Up With Banks, NBFCs, Fintech Players For 'Book Now Pay Later' Option

MakeMyTrip Ties Up With Banks, NBFCs, Fintech Players For 'Book Now Pay Later' Option

The book now pay later payment has been introduced on bookings for travel, flight or hotels, on MakeMyTrip as well as on the Goibibo app


30 March 2022
Indians To Be Among Top ‘Buy Now Pay Later’ Service Users In Next 1 Year

Indians To Be Among Top ‘Buy Now Pay Later’ Service Users In Next 1 Year

28% Indian consumers likely to use ‘Buy Now Pay Later’ Services in next 12 months, highest among 18 nations surveyed. More men than women likely to use...


26 March 2022
Three Reasons Why Bitcoin Is Unsuitable For Payments In India

Three Reasons Why Bitcoin Is Unsuitable For Payments In India

High volatility, lack of sovereign guarantee, and complex tax rules make Bitcoin unsuitable as payment tender in India


15 March 2022
Zomato-Blinkit Enter All Stock Merger Deal: Report

Zomato-Blinkit Enter All Stock Merger Deal: Report

Blinkit, which was earlier known as Grofers is currently undergoing a severe cash crunch and has shut down approximately 40 dark stores, and laid off its...


15 March 2022
SoftBank’s Munish Varma To Step Down From Boards Of One97 Communications, PB Fintech: Report

SoftBank’s Munish Varma To Step Down From Boards Of One97 Communications, PB Fintech: Report

SoftBank had invested approximately $1.4 billion in One97 Communications four years ago, acquiring a 17.4 per cent stake in the company. It also has a 12.4 per...


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09 March 2022
IPO-Bound Mobikwik Posts First-Ever Profit In December Quarter, Says Upasana Taku

IPO-Bound Mobikwik Posts First-Ever Profit In December Quarter, Says Upasana Taku

The company recorded a profit of around Rs 7 crore in the third quarter of 2021-22, after losing money in the first and second quarters.


02 March 2022
To Convert Savers Into Retail Investors, Independent Advisors And Distributors Are Crucial

To Convert Savers Into Retail Investors, Independent Advisors And Distributors Are Crucial

Given the low financial awareness, retail investors repose their faith in independent advisors and distributors they know through referrals from friends and...


23 February 2022
Ashneer Grover-BharatPe Row: Here Are The Key Developments So Far

Ashneer Grover-BharatPe Row: Here Are The Key Developments So Far

On Wednesday, the Fintech startup sacked Ashneer Grover's wife Madhuri Jain Grover over alleged financial irregularities and cancelled ESOPs vested with her


23 February 2022
BharatPe Sacks Ashneer Grover's Wife Madhuri Jain, Cancels ESOPs

BharatPe Sacks Ashneer Grover's Wife Madhuri Jain, Cancels ESOPs

Madhuri is alleged to have used company funds for personal beauty treatments, buying electronic items and family trips to the US and Dubai


09 January 2022
RBI Sets Up Department For Fintech: Report

RBI Sets Up Department For Fintech: Report

This fintech department will not only promote innovation in the sector but also identify the challenges and opportunities associated with it and address them...


06 January 2022
New RBI Norms Allow Fintechs To Access Credit Bureaus

New RBI Norms Allow Fintechs To Access Credit Bureaus

As per a recent notice issued by the RBI, Indian fintech companies can access credit bureaus' data if they have CISA certification.


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27 October 2021
Fintech Firms Offer Personal Loans On Tap. Do You Need To Be Cautious?

Fintech Firms Offer Personal Loans On Tap. Do You Need To Be Cautious?

Fintech firms may ask you for less documentation on personal loans. Know what's required and the risks to keep in mind


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