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Mufin Green Finance gets RBI licence to offer forex, remittance servicesMufin Green Finance has recently received an AD-II licence from the RBI, permitting it to offer forex services. This new licence enables th...- Paytm gets RBI's in-principle nod to revive wallet bizPaytm has been approved by RBI to issue digital wallets through its subsidiary Paytm Payments Services Ltd. This approval comes nearly thre...
- Paytm's wallet may be coming back: A look at what happened three years ago and its impactThe approval has been granted to Paytm Payments Services Limited (PPSL), a subsidiary of One 97 Communications, which operates the Paytm br...
- Paytm wallet's return; Inside Jensen Huang’s Nvidia exitPaytm has received RBI's in-principle approval to restart its wallet business. This and more in today’s ETtech Top 5.
- Paytm gets RBI's in-principle nod to revive wallet businessThe approval allows the wholly owned subsidiary of Paytm parent One 97 Communications to set up a system for issuing and operating prepaid ...
- Paytm gets RBI preliminary nod for pre-paid instruments, including walletPaytm's payments unit on Friday received initial approval from the RBI to run a system for issuing prepaid payment instruments, including d...
- MSTC shares skyrocket 20% to hit upper circuit. Here’s whyMSTC shares hit the 20% upper circuit after the state-owned company reported its strongest second-quarter performance since listing, with c...
- ET Exclusive | Sunil Mittal’s next big bets: AI, cloud, space telecom and a billion Airtel usersSunil Mittal reflects on the Bharti Group's journey and outlines future plans during his 50-year entrepreneurial journey. He emphasizes the...
- MobiKwik shares jump 4% as RBI approves NBFC licence; co targets Rs 5,000 crore loansMobiKwik shares gained on Friday after the RBI granted its subsidiary a licence to operate as an NBFC, enabling the fintech company to ente...
- OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystemOneStack, a fintech provider, secured ₹12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help ...
- Equitas Small Finance Bank shares jump 9% after Balaji Nuthalapadi’s appointment as interim CEOThe bank further said that appointment of Nuthalapadi as interim CEO, consequent to the resignation of P. N. Vasudevan as the MD & CEO, sha...
- Razorpay gets final Gift City licence to expand cross-border paymentsRazorpay has attained a payment service provider licence from the International Financial Services Centres Authority. This licence allows t...
- Equitas SFB shares tumble 27% in 2 days on CEO exit. More pain ahead?Equitas Small Finance Bank shares plunged 27% in two sessions after CEO and founder PN Vasudevan announced his resignation over a perceived...
- Equitas Small Finance Bank chief PN Vasudevan plans exit over perceived conflict involving daughter's NBFCPN Vasudevan's recent announcement of his resignation as managing director of Equitas Small Finance Bank highlights pressing concerns over ...
- RBI governor backs Tata Sons classification, says large NBFCs must follow listing normsRBI Governor Sanjay Malhotra explains the need for Tata Sons to register as an upper-layer NBFC. Large NBFCs handling public funds are requ...
- RBI imposes restrictions on Puducherry Co-op Urban Bank, caps withdrawalsThe Reserve Bank of India imposed restrictions on Puducherry Co-operative Urban Bank due to financial instability. Customers are limited to...
- Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions: Chairman GhoshBandhan Financial Services is exploring opportunities in the health insurance sector after recent acquisitions. The company intends to focu...
- Fairfax gets 15 years to reduce stake in IDBI Bank to 26%Fairfax Financial Holdings will acquire a 60.72% stake in IDBI Bank and reduce its ownership over 15 years. The Reserve Bank of India has a...
- Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...
- Fairfax offers plan to resolve IDBI-CSB ownership overlappingA merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...
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