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FINTECH SECTOR
RBI recognises Unified Fintech Forum as second self-regulatory body for fintechThe RBI had recognised the Fintech Association for Consumer Empowerment (FACE) as the first SRO-FT in August 2024, after it laid down the f...
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...
Productivity enhancement may lead to further reduction in agriculture sector NPA: Nabard ChairmanAgriculture sector NPAs have significantly decreased to single digits, according to Nabard Chairman Shaji Krishnan V. Boosting crop product...
Global Fintech Fest 2026: PFRDA plans inflation-linked bonds to offer inflation-protected pension returnsIndia's pension regulator is developing innovative bond issuances for inflation-protected returns. Guidelines for these new products are ex...
Global Fintech Fest 2026: Nandan Nilekani says risk of losing jobs due to AI lower in small companiesNandan Nilekani foresees artificial intelligence posing greater job risks for large structured companies. He emphasizes that millions of sm...
GFF 2026: NITI Aayog's 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...
Making people redundant is a no-win: Revolut India CEO on AI job cutsAs large private banks and financial institutions trim headcount to automate their workforce, Revolut’s Paroma Chatterjee believes it is cr...
GFF 2026: After KYC, SBI chief flags ‘Know Your Agent’ as AI enters bankingAgentic AI's growing use in finance necessitates new checks beyond customer identification. Banks may develop a 'Know Your Agent' framework...
Indian banks' names keep fading from your loan documentsThe landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs a...
FCNR boost for bank credit growth may be temporary, says Axis CEO Amitabh ChaudhryRecent foreign currency deposits could provide a short-term uplift to the growth patterns in bank lending. With the narrowing of differenti...
India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
India economy to regain its mojo, return to current account surplus: NITI Aayog's LahiriNITI Aayog Vice Chairman Ashok Kumar Lahiri stated the Indian economy is performing reasonably well. He anticipates the nation will soon ac...
Maharashtra moves closer to becoming India’s first 'tokenised state': Fadnavis on asset tokenisationMaharashtra is progressing towards becoming India's first tokenised state. The proposed DELTA Act will create a legal framework for blockch...
MCX, IAMAI sign MoU to bring fintech solutions to commodity marketsMCX and IAMAI have signed an MoU to set up a Commodity Markets Innovation Council aimed at driving fintech-led innovation in India’s commod...
BFSI moves beyond AI pilots as firms chase measurable business value: ReportIndian financial institutions are deploying artificial intelligence across many operational areas. These deployments show productivity gain...
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...
PM Modi hails UPI at Global Fintech Fest 2026 in Mumbai, pitches non-payment transactions as fintech's next chapterPrime Minister Narendra Modi inaugurated the Global Fintech Fest 2026 in Mumbai. He highlighted India's strong economic growth despite glob...
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...
Govt stalls Alipay+ tie-up over data security concernsAlipay+'s proposal to link with India's payment system faces national security concerns. Concerns also exist regarding the storage and use ...
Singapore commits $170 million over three years to drive fintech innovationFintech investments in Singapore hit S$2.9 billion last year. The country is currently home to more than 1,800 fintech firms, employing cl...