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FINANCIAL SERVICES ECOSYSTEM
Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edgeIndia's Finance Ministry rejects claims of US influence on UPI payment charges. The new framework prioritizes RuPay credit cards for UPI tr...- GIFT City moves up 9 places to 37th globally, ranks among Asia-Pacific top 15GIFT City has surged nine positions to secure the 37th spot in the Global Financial Centres Index, marking a significant achievement for In...
- Reinventing India PostWith a noticeable surge in revenue, India Post is broadening through innovative partnerships. The integration of financial and citizen serv...
- Infosys expands Indore facility with new 3.3-lakh sq ft software development blockThe new 3,30,000-square-foot facility's inauguration saw the presence of Madhya Pradesh Chief Minister Mohan Yadav and Infosys CFO Jayesh S...
- Return of MDR a key step towards making UPI sustainable and enabling further growth: ExpertsEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
- Landmark NSE IPO threatens to hollow out India shadow marketThe National Stock Exchange's upcoming IPO will significantly boost India's primary market. This listing is expected to cause a major decli...
- NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...
- 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...
- India’s semiconductor funding reaches ₹1.34 lakh crore, but capital flows into fewer playersIndia's semiconductor sector has secured substantial equity funding, with significant capital inflow occurring recently. Government initiat...
- Paytm will stay profitable even without MDR, government support: Vijay Shekhar SharmaHis comments come as the government moves towards allowing charges on a limited set of UPI transactions. On Monday, the government notified...
- GIFT City Unlocked: What investors need to know about accessing global marketsGIFT City is emerging as a gateway for Indian investors seeking global exposure, with new fund structures and financial products. The evolv...
- With AI handing down verdicts, India's lenders ask who signs off on it: Finarkein CEOFinancial data moves rapidly through India's Account Aggregator ecosystem. Automated systems now process millions of data fetches each seco...
- Credit, savings, insurance next frontiers in financial services: RBI DGRBI deputy governor Shirish Chandra Murmu highlighted extending digital payment success to credit and insurance. Technology must expand for...
- GFF 2026: Visa, ONDC look to make India’s tourism offerings easier to discoverVisa and ONDC will collaborate to simplify tourism discovery for travelers across India. This partnership aims to connect visitors with loc...
- 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...
- Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: ReportIndia's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can conn...
- GFF 2026: Mahindra Finance scales Sarvam voice AI partnership to 1 crore calls across 12 languagesMahindra Finance and Sarvam are deploying voice AI agents across India. These agents have completed over one crore calls in twelve Indian l...
- RBI explores tokenising gold amid push to expand Unified Markets InterfaceThe Reserve Bank of India is exploring gold tokenisation for its Unified Markets Interface. This platform currently settles tokenised finan...
- India, Saudi Arabia deepen fintech ties with three-year pact for investment, startup expansionIn a strategic move, India and Saudi Arabia have agreed on a three-year deal aimed at invigorating their fintech sectors and startup ecosys...
- GFF 2026: PM Modi asks fintech industry to turn agentic AI, tokenisation, quantum potential into real-world impactPrime Minister Narendra Modi inaugurated the Global Fintech Fest 2026 in Mumbai. He urged the fintech industry to convert new possibilities...
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