Bridge the gap: Hero FinCorp short-term loans for immediate needsHero FinCorp offers short-term personal loans up to Rs 5 Lakh for various needs such as medical emergencies, wedding expenses, education co...
10 Dec, 2024, 06.04 PM IST
View: RBI is not fit to regulate digital paymentsIt appears that RBI has sought to make an example of Paytm, without considering the impact this has on merchants and consumers. Unfortunate...
03 Feb, 2024, 04.34 PM IST
RBI declares formation of repository for fintechs to expand digital paymentsThe Reserve Bank of India (RBI) has increased the limits on UPI payments to Rs 5 lakh for specific situations and announced the creation of...
09 Dec, 2023, 05.50 PM IST
Banking industry, fintechs hail hiking UPI payments, e-mandate capsUnveiling the monetary policy, Reserve Bank Governor Shaktikanta Das said the limit for various categories of unified payments interface (U...
08 Dec, 2023, 08.45 PM IST
RBI MPC meeting: Key takeaways for the fintech sectorThe RBI has also proposed to set up a fintech repository for better development of the ecosystem.
08 Dec, 2023, 03.39 PM IST
RBI Retail Direct: NACH facility now available for investing in government bonds, T-bills; how it is better than UPIReserve Bank of India has enabled payments through National Automated Clearing House (NACH) in the Retail Direct Website. Now an investor c...
07 Dec, 2023, 10.22 AM IST
No More Waiting: Instant Personal Loans at Super Speed From Hero Fincorp17 Aug, 2023, 05.50 PM IST
Bankers hail RBI's monetary policy focus on taming inflationSBI chief said that enabling more headroom for urban and rural cooperative banks to finance the housing sector will bring about a level-pla...
08 Jun, 2022, 08.28 PM IST
New auto-debit rule: How to use BHIM UPI app's auto-pay facility to make recurring paymentsHere is a look at how UPI users can use the auto-pay facility set up an e-mandate to make recurring payments linked to debit and credit car...
14 Oct, 2021, 09.47 AM IST
Bank credit records slowest rate of growth in 2020-21Credit growth slowed further to 5.6% in the fiscal ended March 2021 compared with 6.1% reported in fiscal 2020, RBI data showed.
17 Apr, 2021, 09.48 AM IST
View: Good mandate, unintended repercussionsConsidering the pandemic and lockdown did not give much of a breather to any industry and the banking and financial sector was no exception...
25 Mar, 2021, 11.02 AM IST
From small to big: The evolution of MSME lending in 2020 and the role of fintechThe Union Minister for MSME, Nitin Gadkari, has outlined a plan to increase the sector’s GDP contribution to 50% from the current 29%, as I...
01 Jan, 2020, 08.33 AM IST
RBI eMandate nod paves way for auto-debits by fintech firmsThe retail payments body has asked banks to implement both the emandate measures by June 30.
26 Apr, 2019, 09.55 AM IST
Standing instructions to banks go onlineSeven banks have gone live on the NPCI’s platform, allowing customers to provide e-mandate through net banking,
23 Apr, 2019, 10.43 AM IST
The future of Aadhar and eKYC-based solutionsAccording to a Omidyar Network-BCG report, estimates of digital lending to MSMEs in India will go upto Rs 6-7 lakh crore by 2023.
04 Mar, 2019, 12.44 PM IST
NPCI urges banks, corporates to adopt e-mandateMany financial technology companies were entirely dependent on Aadhaar-based electronic KYC, which was a quick, cheap and secure way to ver...
08 Dec, 2018, 09.10 AM IST
eNACH suspension may pinch digital lendersDigital lenders are set to see operational costs increase as they will no longer be able to use a completely paperless model for automated ...
24 Nov, 2018, 07.21 AM IST