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QR CODE LOANS
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...- PhonePe crosses 50 million merchants, expands digital payments and financial services footprint across IndiaPhonePe has achieved a major milestone with 50 million registered merchants. This growth signifies a significant step in bringing financial...
- NPCI may push deadline to stop pull payments on UPI to minimise disruptionThe pull feature allowed users to request funds from each other. Specific merchant UPI IDs could also initiate payments through this. Howev...
- Merchants crack QR code to secure loans from NBFCsNon-banking finance companies (NBFC) such as Aditya Birla Finance (ABFL), L&T Finance, Poonawala Fincorp, and SMFG India Credit are among t...
- Banks to take on fintechs with feature-packed merchant appsFintech firms like BharatPe and Paytm face increasing competition from banks such as HDFC, ICICI, Axis, and State Bank of India, which are ...
- Digital Footprint to help MSME get up to Rs 5 L loans from Muthoot FinCorp ONEMuthoot FinCorp ONE will offer loans with daily repayment options to Micro, Small and Medium Enterprises (MSME) that use QR-code based apps...
- Fino Payments Bank eyes tripling digital banking revenue share by FY25Fino Payments Bank sees an opportunity in the digital banking space after Paytm Payments Bank's exit. To capitalise on this, they're rampin...
- Paytm witnesses slowdown in core businesses of merchant payments, consumer lendingIn the first four months of 2024, Paytm’s user base shrank by 24% to 80 million, while the count of its active devices dropped by about 1 m...
- Banks move to cash in on QR code pay boomHDFC bank, ICICI Bank and others are deploying their own QR code stickers at merchant outlets, competing with the likes of Paytm and others.
- Paytm complains to NPCI on Cred’s UPI gamblePaytm, owned by One97 Communications Ltd, has been pushing to grow its offline acceptance network over the past few years and create its ow...
- PM Modi praises Paytm & its accessibility in remote areasPrime Minister Narendra Modi had hailed financial services and digital payments leader, Paytm during his recent speech at the Mana village ...
- Types of financial crimes you must be aware of: Identity Theft and Investment FraudFinancial crimes are not limited to stealing money from your accounts. These pervasive offences now extend to almost every fiscal activity ...
- Canara Bank home loan interest rates to start from 6.65%Till the end of November many banks were offering low home loan rates as part of their festive season offers. Already at really low levels,...
- Here's how Centrum, BharatPe propose to merge PMC BankPMC Bank’s depositors include individuals, religious trusts and institutions. It is not yet clear how all depositors will get back their mo...
- BharatPe lines up loans for merchantsIt is also planning to apply for its own lending licence to lend to merchants who are accepting payments through BharatPe QR codes.
- NCERT books to have QR codes from next year: Prakash JavadekarThe government has made a provision of Rs 6,600 crore for bearing the interest component on education loans, Javadekar told reporters in na...
- HDFC Bank offers virtual accounts to PayZapp usersPayZapp, which was launched two years ago, has more than 14 million users. Over half of these are young users who do not have a bank accoun...
- SBI arm to offer credit cards against Rs 25,000 fixed deposit of any bankThe subsidiary's move dovetails with the parent bank's latest plan to install around five lakh additional card swipe machines.
- Stockholding Corporation ties up with Payoye to enable QR code based paymentsStockholding is a government company, a subsidiary of IFCI, and is a market leader in providing financial services for over 26 years.
- Modi government plans major push to realise Skill India missionPrime Minister Narendra Modi will formally launch the programmes at a mega event on July 15 -- the World Youth Skills Day.
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