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FINTECH CONVERGENCE COUNCIL
FPOs hold promise for smallholders, but face structural constraints: StudyFarmer producer organisations (FPOs) are key to integrating smallholders in India, but they are constrained by scale, market access, financ...
India venture debt deployment grows marginally in 2025 to $1.3 billion: ReportVenture debt in India reached $1.3 billion in 2025. Deal numbers decreased, indicating slower startup funding. Venture capital investments ...
Fino Payments Bank CEO arrest rattles fintech industry; Payments Council writes to FMThe Payments Council of India (PCI), which represents digital payments companies, has written to finance minister Nirmala Sitharaman seekin...
Fintech self-regulatory organisations should have broad representation: Amitabh Kant“India's fintech sector is highly diverse, with various business models and regulatory requirements. There has to be safeguarding against c...
Race to become an SRO heats up in fintech sectorWhat is an SRO? The RBI laid out the framework for a fintech SRO in May 2024. As per the vision of the regulator the SRO's main job would b...
Fintech founders join hands to form new industry body, aim to become fintech SROFounders of fintech startups such as Jupiter, Fi, and Lendingkart have formed a new umbrella organisation aiming to secure a fintech-SRO li...
Removed Angel Tax, taking policy measures to promote fintech sector: PM ModiPrime Minister Narendra Modi on Friday said that the govt is making policy changes like the removal of Angel Tax to boost the fintech secto...
From CBDC, UPI ATM to Payments SRO: RBI lays out route map for fintech industryRBI Dy Governor T Rabi Sankar expects SROs to help reduce potential risks, identify inefficiencies in the financial services system and wor...
Compliance should become a low hum in the background, says Sebi chiefSebi chief Madhabi Puri Buch described compliance as a background hum, aiming for it to be seamless so entities can focus on national growt...
Governance mechanism, customer-centricity can help in fintech ecosystem sustainable growth: RBI official"What is needed for the sustainable development and growth of the fintech ecosystem is the right thrust on customer-centricity and better g...
Karnataka working on fintech startup program: minister Priyank KhargeKarnataka is working on a fintech startup program aimed at uniting the government, venture capital and the banking sector to offer essentia...
Venture Catalysts floats new fund to focus on growth-stage fintech investmentsWith a target size of $100 million, Beams will look to invest $8 million-$10 million in growth-stage funding rounds of Indian fintech compa...
Banks, big tech companies, fintech can collaborate to further financial services: Standard Chartered Bank MD Zarin DaruwalaStandard Chartered Bank MD Zarin Daruwala pointed out the emerging trend of two types of customers; one that is digitally savvy and the oth...
India FinTech adoption very high at 87%: FM SitharamanThe Global FinTech Fest, has been organised by Internet and Mobile Association of India (IAMAI), along with its sister organisations Fintec...
IAMAI board to oversee self-regulation by crypto exchangesThe self-regulatory code, which is already in place, includes voluntary compliance with anti-money laundering, combating of financing of te...
Covid-19 impact: Neobanks like Jupiter, RazorpayX, Niyo, Open rework plansAs funding falls amidst a crisis in the credit business, startups see consolidation in the space.
Election Results: Startup ecosystem to restart talks on a range of issues with Modi governmentStakeholders in the startup ecosystem have also been clamouring for greater clarity on the FDI in ecommerce policy, which was implemented i...
Fintech sees a blueprint in RBI’s 3 year payments visionPrivate entities and wider push for e-mandates will open new business avenues.
Investors are baffled, Aadhaar issue could cause delayed returns: Naveen Surya of Fintech Convergence CouncilThe Fintech Convergence Council, which is part of the Internet and Mobile Association of India, has been working closely with the governmen...
- Fintech Convergence Council formed under IAMAI with Naveen Surya as its chairman
FCC will mainly look at bringing in increased cooperation between industry participants like banks, fintech startups, insurance companies, ...