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CBDC FOR IPO SETTLEMENTS
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...- Visakhapatnam's AI jackpot; Lenskart IPO scoopGoogle, Adani and Airtel are partnering to build a major AI hub in Andhra Pradesh. This and more in today's ETtech Top 5.
- Paytm founder Sharma urges regulatory, tech reforms to speed up the IPO processCBDC is a digital form of a country’s official currency, issued and regulated by its central bank. Unlike cryptocurrencies, it is backed by...
- Zepto raises $340 million; HCLTech’s growth plansHappy Friday! Zepto has announced another $340 million fundraise, valuing it at $5 billion. More details on this and other updates in today...
- RBI's mandate for fintech SRO; Instamart’s new CEOThe Reserve Bank of India (RBI) expects self-regulatory organisations (SROs) to safeguard consumer interest and ensure responsible growth i...
- RBI’s action not against Paytm; it is against payment bank; we support fintechs: Shaktikanta DasShaktikanta Das, Governor of RBI, clarifies that the RBI's action is against payment banks, not fintech companies like Paytm. Fintechs are ...
- RBI’s tokenisation push for digital currency; Flipkart chief on profitabilityHappy 75th Republic Day! To widen the use cases of central bank-backed digital currency (CBDC), the RBI is exploring tokenisation of govern...
- RBI flags digital currency concerns; Byju’s $100M buyOn Wednesday, RBI governor Shaktikanta Das said cybersecurity and digital fraud were the biggest challenges in launching a CBDC in India.
- Social commerce set for takeoffIndia's social commerce firms are set for a landmark year, having raised more than half a billion dollars from investors in the first seven...
- Zomato's express deliveryFrom Zomato's IPO debut to BlackBuck becoming the latest startup unicorn and RBI outlining its digital rupee plans, here's a quick look at ...
- When paper money goes digitalWe take a closer look at Central Bank Digital Currencies (CBDCs) and why are governments interested in them.
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