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FINTECH ECOSYSTEM
Info Edge shares plunge 7% as bloodbath in PB Fintech shares wipes off Rs 1,809 crore from recruiter's stake. What lies ahead?Shares of Info Edge dropped 7% after a massive 32% crash in PB Fintech reduced the value of its 6.5% stake by Rs 1,809 crore in a single se...
Chennai industry meet draws over 300 companies ahead of Bengaluru Tech SummitIndustry leaders, investors and entrepreneurs from the city engaged with Karnataka officials on opportunities to collaborate through the su...
JPMorgan to double GIFT City business as $1 billion book expandsJPMorgan Chase & Co. plans to expand its operations at Gujarat's GIFT City in the next few years. The bank aims to double its business in a...
High-level panel on banking likely by October-endIts composition is being finalised and is likely to include a former Reserve Bank of India (RBI) deputy governor, industry leaders from the...
Razorpay-backed POP bets on credit to monetise UPI usersRazorpay-backed POP has launched POPchop, a BNPL product allowing eligible shoppers to split purchases into three interest-free payments ov...
Pine Labs shares can rally 30%, says Motilal Oswal after initiating coverage with Buy. Here’s whyPine Labs shares gained after Motilal Oswal initiated coverage with a Buy rating and a Rs 250 target, implying 30% upside. The brokerage se...
MDR rollout will be monitored to protect usersTax issues Levy of goods & services tax on MDR can be taken up by GST Council, ITC may be used by merchants.
MDR fears groundless, AI accountability lies with boards: RBI Dy Governor SC MurmuTackling industry anxieties head-on at the Bengal Chamber of Commerce & Industry's (BCC&I) Financial Market Conclave in Mumbai, Reserve Ban...
Rediff.com's IPO plans may get a fresh UPI tailwind as new MDR regime kicks inRediff.com's upcoming initial public offering (IPO) may find additional monetisation avenues as a result of the government's decision to le...
ET Product of the Year Awards 2026: Recognising the infrastructure powering India’s digital financeThe prestigious ET Fintech Infrastructure Product of the Year award highlights groundbreaking platforms that make financial technology more...
BharatPe backs new UPI MDR framework, distances itself from former CEO Ashneer Grover’s criticismBharatPe supports the new UPI merchant transaction framework. The company clarified co-founder Ashneer Grover's views are his own. This new...
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...
‘Open is the word’: Juspay’s Ishan Sharma on population-scale payments, agentic payments and building from India for the worldIn an exclusive interview with The Economic Times at the Global Fintech Fest 2026, Juspay’s Ishan Sharma reflected on 12 years of solving p...
MDR on UPI does not make sense for broking and investment payments, say Nithin Kamath and Deepak ShenoyThe NPCI has unveiled a new merchant discount rate that introduces a 0.4% fee for UPI person-to-merchant transactions exceeding Rs 2000. Th...
'Fintechs must treat data as fiduciary duty, not business asset,' says RBI Governor Sanjay MalhotraReserve Bank of India governor Sanjay Malhotra stressed data fiduciary responsibility for fintechs. He stated that user data must be treate...
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...
Many billion-dollar fintech cos can emerge from India to serve global markets: Razorpay CEOWhile speaking during a session at Global Fintech Fest, Razorpay CEO Harshil Mathur cited the emergence of big tech from the US, like Googl...