RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...
23 Jun, 2026, 05.47 PM IST
Who is Kunal Shah? From selling FreeCharge for ₹2,800 crore to building CRED and now leading WhatsAppKunal Shah, the brainchild behind CRED, is set to lead WhatsApp globally following Meta's substantial $900 investment. Known for scaling CR...
23 Jun, 2026, 11.16 AM IST
Kunal Shah is WhatsApp CEO as Meta leads $900 million financing in CredMeta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 mi...
23 Jun, 2026, 10.12 AM IST
Sony plans its first dollar-bond sale in nearly three decadesSony is making a significant return to the US investment-grade bond market after nearly three decades, with plans for a multi-billion dolla...
23 Jun, 2026, 06.25 AM IST
Graduates 43.8% less likely to get informal jobs: EAC-PM studyBased on unit-level data from the 2025 Periodic Labour Force Survey (PLFS) and the Annual Survey of Unincorporated Sector Enterprises (ASUS...
23 Jun, 2026, 12.34 AM IST
'Kunal was the clear choice': Meta's Chris Cox on WhatsApp leadership changeWhatsApp's long-serving chief, Will Cathcart, is moving to a new product development role at Meta after nearly seven years. Cred founder Ku...
22 Jun, 2026, 10.24 PM IST
The smartphone is becoming India’s most important financial advisorIndia's financial landscape is rapidly digitizing, with smartphones becoming central to everyday money management. Once separate, banking a...
22 Jun, 2026, 01.51 PM IST
India's 'fragmented' water management framework raises fiscal, credit risks: Moody'sIndia's water management system faces significant challenges, according to Moody's Ratings. A fragmented governance structure, heavily subs...
22 Jun, 2026, 01.30 PM IST
MSMEs are India's entrepreneurship nursery, RBI to continue strong support: Governor MalhotraEmphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay Malhotra on Sunday described Micr...
22 Jun, 2026, 12.07 PM IST
Credit card points: How to use them for free flights, hotel stays, and better travel rewardsTravellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel pr...
22 Jun, 2026, 09.29 AM IST
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
22 Jun, 2026, 09.25 AM IST
What is DTAA? How to avoid double taxation on foreign income and claim tax credit in IndiaIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
22 Jun, 2026, 06.30 AM IST
RBI overhauls Lead Bank Scheme after review, issues new guidelinesThe Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...
21 Jun, 2026, 09.58 PM IST
'Joined Monday, quit Wednesday': Techie leaves Rs 42 LPA WITCH job in just 2 days, now worried about 2-day PF creditA tech professional's swift departure from a major IT firm just two days after onboarding, driven by a lucrative offer exceeding ₹50 lakh a...
20 Jun, 2026, 03.14 PM IST
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
20 Jun, 2026, 06.30 AM IST
Insurers face margin pressure amid rising competition, costs; rural protection gap persists: ReportIndian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisel...
17 Jun, 2026, 11.39 PM IST
Credit flow to bottom tier slows as microfinance lenders turn to safer borrowers: SIDBI-EquifaxCredit access for bottom-of-the-pyramid borrowers in India has slowed as microfinance lenders turn cautious after two years of asset qualit...
17 Jun, 2026, 10.56 PM IST