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FINANCIAL INCLUSION
Gig workers turn to tax filing as TDS refunds offer cash, financial recordsGig platforms are integrating tax filing assistance into their apps. Many delivery partners receive tax refunds after deductions at source....
Pass the buck to RBI, banks: Let the savings from digital payments fund UPI costs, not consumersThe RBI's MDR introduction on UPI transactions above ₹2,000 faces criticism. This move may discourage digital payments and encourage a retu...
Reinventing India PostWith a noticeable surge in revenue, India Post is broadening through innovative partnerships. The integration of financial and citizen serv...
SC asks RBI to secure compliance of norms on seizure of financed vehicles by NBFCs, banksThe Supreme Court mandated the RBI to enforce lawful vehicle repossession rules. Financial institutions cannot seize vehicles without due l...
UPI MDR seen as sustenance fee, not windfall; small merchants remain shieldedA new merchant discount rate will fund UPI's expanding infrastructure costs. Large value person-to-merchant transactions above two thousand...
Credit for the next 50 crore: How PhonePe’s new co-branded cards target India’s underservedAt GFF 2026, PhonePe unveiled a suite of co-branded credit cards with HDFC Bank and SBI, plus the Wishcard for consumers with limited or no...
Bandhan Group launches "Bandhan Kaamyabi Ka" campaign, unveiling the next chapter of its growth journeyBandhan Group has introduced its latest brand initiative, 'Bandhan Kaamyabi Ka,' heralding a transformative chapter in its journey as a com...
Pension Sakhis to take retirement security cover to rural IndiaThe Department of Rural Development and PFRDA will create Pension Sakhis across rural India. These women will facilitate pension enrolment ...
- Expert calls for human accountability in AI-led banking at Global Fintech Fest
"AI can automate decisions; but accountability cannot be automated," Krishnakumar said.
India can be a sandbox for ethical, affordable AI, says WBG's ZhangWorld Bank managing director and chief administrative officer Wencai Zhang was on a visit to Chennai last week to commemorate 25 years of t...
Oriental Insurance hopes to turn corner in FY27 assisted by NSE stake dilutionLooking ahead, Oriental Insurance Company projects a profitable turnaround by 2026-27, facilitated by a planned stake dilution in the Natio...
BRICS leaders recognise women as decision makers, growth driversAt the recent BRICS summit, leaders universally acknowledged the transformative power women wield in economics and social dynamics. They st...
GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
GFF 2026: NITI Aayog's Rajiv Gauba calls for deregulation as defining feature of India's next-generation reformsNITI Aayog member Rajiv Gauba called for simpler rules and hassle-free processes. He emphasised deregulation and doing away with license ap...
GFF 2026: Scindia pitches ‘digital trinity’ of connectivity, compute and trust for AI economyGFF 2026 Scindia: Connectivity, compute, and trust are the new digital trinity for fintech and AI. India's mobile phones and telecom networ...
GFF 2026: India's fintech transformation a result of innovation, inclusion & trust coming together, says RBI's Sanjay MalhotraMalhotra said fintech’s potential could translate into meaningful impact only when innovation reached people who were not already well serv...
UPI still has 'lot of scope' to grow, rural and offline access key challenges: NPCI CTOUPI has significant room for growth, especially in rural areas. Developing offline payment solutions remains a key challenge for the platfo...
PhonePe's Sameer Nigam unveils vision for next decade of financial inclusion at GFF 2026PhonePe has shared its ambitious ten-year strategy aimed at transforming India's digital landscape and promoting financial inclusion. By el...
GFF 2026: India should build fintech for the world, target $60-80 billion financial services exports, says Commerce Secretary Rajesh AgarwalIndia aims to export digital financial services leveraging its fintech expertise. This expansion moves beyond traditional IT and profession...
S&P assigns Bank of India 'BBB' rating on capital, funding strengthS&P Global Ratings assigned a BBB long-term rating to Bank of India. This rating reflects sufficient capitalisation, solid funding, and hea...