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Amazon India head on qcomm; senior exit at Z47Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more...- Mobikwik gets RBI nod for offline payment aggregator licenceMobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. Th...
- MobiKwik shares surge 8% after the company gets RBI nod for payment aggregator licenseOne MobiKwik Systems shares surged after the company received in-principle RBI approval for its Payment Aggregator-Physical licence, streng...
- As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
- High costs pull India Inc's foreign borrowing down 51%The rupee ended fiscal 2026 as the worst performer in Asia against the US losing close to 10% of its value in a year marked by record exits...
- India's gold loan market has huge potential, there's lot of idle metal: George Alexander MuthootThe rise in prices will add to the growth momentum as it will give more borrowing power to those who are pledging gold. The uncertainties w...
- Outward remittances: NBFCs don't need prior RBI nod for dealer tie-upsThe framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at re...
- Power ministry to seek Cabinet nod for ₹20,000 crore carbon capture scheme by JulyIndia's power ministry is planning a significant ₹20,000 crore scheme for carbon capture technology. Cabinet approval is expected by July. ...
- RBI clears Subrat Mohanty’s reappointment as Axis Bank Executive Director for three yearsAxis Bank announced a significant development today. The Reserve Bank of India has given its approval for Subrat Mohanty's reappointment. H...
- MobiKwik shares jump 12% after RBI nod for NBFC licence to launch lending armShares of One MobiKwik Systems surged 12% on Monday after receiving the Reserve Bank of India's approval for an NBFC licence, enabling it t...
- India’s banking system turns sluggish amid loan recovery delays and legal hurdles: CII reportIndia's banking sector needs urgent reforms. The Confederation of Indian Industry's report highlights slow loan recovery and complex laws. ...
- MobiKwik gets RBI nod for NBFC licence, to launch in-house lending armFintech firm MobiKwik has secured a crucial Reserve Bank of India approval for a non-banking financial company license. This paves the way ...
- Quadria, PE funds eye stake in Samarth Lifesciences; deal may value firm at Rs 4,500 croreQuadria Capital is eyeing a strategic acquisition of a majority interest in Samarth Lifesciences, a move that could value the transaction a...
- Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
- Banks’ exposure to carbon-intensive sectors raises long-term credit risk, costs: IIM Lucknow studyBanks financing carbon-heavy industries face growing credit risks. Research from IIM Lucknow shows this exposure leads to higher monitoring...
- Banks to seek RBI nod for parallel fraud probesBanks are seeking RBI approval for parallel internal investigations alongside law enforcement probes into borrower accounts. This aims to p...
- Govt explores options to retain 51% stake in merged PFC-REC entityThe government is considering issuing preference shares or fresh equity to keep its stake above 51 percent in the Power Finance Corporation...
- RBL Bank gets RBI nod for Emirates NBD stake buy; Sebi approval awaitedRBL Bank has secured crucial approval from the Reserve Bank of India for its deal with Emirates NBD Bank. This clearance is expected to ini...
- RBI nod to acquisition of Sammaan Capital by Avenir Investment RSCThe Reserve Bank of India has greenlit the acquisition of a controlling stake in Sammaan Capital Ltd by an affiliate of Abu Dhabi's Interna...
- Juspay, others secure payment aggregator nod; Paytm shares reboundZoho is the first enterprise Saas player to get the payment aggregator nod from the RBI, joining the likes of Razorpay, Cashfree, Zomato an...
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