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BHARATPE RBI
Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
BharatPe announces two senior role appointmentsRajesh C has been appointed head of finance, and Himanshu Nazkani will lead investments at the fintech company.
BharatPe to raise funds before IPO, listing not on card this fiscal: CEO Nalin NegiBharatPe, last week, announced that it had achieved operational profitability after excluding the employee stock ownership plan. The compan...
BharatPe CTO Pankaj Goel steps down amid senior-level executive churn at the fintechPankaj Goel, chief technology officer of BharatPe, resigned citing personal reasons. He joined in July 2023 and is currently serving his no...
BharatPe secures RBI nod to operate as online payment aggregatorThe final nod to Resilient Payments comes more than two years after it received an in-principle approval from the RBI, in January 2023. A P...
Nudged by RBI, P2P lenders look to diversify partnershipsThree people in the know told ET that while the banking regulator has not spelt out any statement on the fledgling sector explicitly, back ...
BharatPe acquires 51% in NBFC Trillion Loans to bolster lending playBharatPe’s investment in an NBFC comes at a time when several fintechs are looking at bolstering their presence in the segment.
BharatPe gets in-principle nod from RBI to operate as online payment aggregatorResilient Payments Pvt Ltd, a fully owned subsidiary of Resilient Innovations Pvt Ltd, the company that operates the BharatPe platform, rec...
Former RBI deputy governor BP Kanungo, Kaushik Dutta join BharatPe boardThe appointments are in line with the company’s aim to strengthen its corporate governance practices, it said on Tuesday.
BharatPe’s original cofounder Bhavik Koladiya moves onKoladiya’s contract has not been renewed, according to two people who were aware of the discussions. He was removed from BharatPe’s cap tab...
Unity Small Finance Bank gets RBI approval to induct Vinod Rai on boardThe appointment of former CAG Vinod Rai as Unity Small Finance Bank’s chairman comes a day after BharatPe cofounder Ashneer Grover went on ...
Making sense of BharatPe's banking forayThe story of how BharatPe, a three-year-old fintech startup, partnered 44-year-old NBFC Centrum Finance to acquire a banking licence and ma...
RBI boost to Centrum’s PMC takeover planRBI took control of PMC Bank in September 2019 following accusations of money laundering.
RBI grants in-principle approval to Centrum to own PMC Bank via SFB route“The RBI would consider granting a licence for commencement of banking business on being satisfied that the applicant has complied with the...
PMC bid: BharatPe offers to pay 100% to retail depositorsRBI has extended the deadline to February 1 on request from UK’s Liberty Group, which had also submitted an expression of interest (EoI) to...
BharatPe eyes PMC Bank in tie-up with CentrumIf successful, an acquisition will boost BharatPe’s lending business. It aims to build a Rs 5,000-crore loan book in two years
BharatPe displays 'Indian' tag, dares Paytm, PhonePeBharatPe, a merchant payments startup, has been distributing flyers and pamphlets showing Paytm with Chinese flags and PhonePe with US flag...
RBI blocks NBFC plans of Mauritius-funded startupsThe move follows recent geopolitical developments that have spurred tighter scrutiny of Chinese capital coming into local startups via tax ...
ICICI, Yes Bank ask BharatPe to stop taking deposits in their namesThe move comes amid heightened scrutiny by the Reserve Bank of India of the burgeoning digital payments ecosystem.
BharatPe gets $75 million from Coatue, RibbitBharatPe said one reason for the latest fundraising was to invest around $70 million in equity capital in its NBFC arm Resilient Capital, a...