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NAVI FINSERV NEWS
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Startups & the new data law; Sachin Bansal’s Ola stakeHappy Tuesday! The draft Digital Personal Data Protection Act, 2023, has created new opportunities for startups in the tech sector. This an...
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Qcomm expands; Black Friday sales growHappy Tuesday! Flipkart and Swiggy up the quick commerce ante. This and more in today’s ETtech Morning Dispatch.
RBI lifts restrictions on Sachin Bansal's Navi FinservThe Reserve Bank of India lifted restrictions on Navi Finserv. This decision follows the company's rectification of deficiencies after seve...
Prosus funds Mintifi, Vastu Finance; Swiggy expands BoltProsus is preparing for a ramp-up in its India IPO pipeline. This and more in today’s ETtech Top 5.
Rate cut 'risky, premature' as growth remains steady, says RBI's Shaktikanta DasRBI's governor Shaktikanta Das during India Credit Forum hosted by Bloomberg said cutting interest rates in coming Monetary Policy Committe...
Navi Finserv plans to raise up to Rs 600 cr via public bond saleThe bonds will have tenures of 18, 27, and 36 months with effective yields ranging from 10.47% to 11.19% per annum and have been rated ‘sta...
RBI Guv on Paytm review; startups' Google plea on Play StoreCentral bank chief Shaktikanta Das has ruled out any review of the regulatory action against Paytm Payments Bank. This and more in today’s ...
Sachin Bansal’s Navi in slow lane; New Year spike for health, wellness D2C brandsSachin Bansal’s fintech venture Navi had big ambitions to digitally disrupt the financial services sector, but two of its flagship products...
Byju’s audited revenue may be lower than projected; Amazon cuts India lossesThe discrepancies arose due to a change in the way the startup recognises its revenue, sources privy to the matter said, adding that the re...
Amazon India marketplace revenue up 32%; ED unfreezes WazirX bank accountsAmazon Seller Services, which runs the Amazon India marketplace, reported a 32% jump in overall revenue to Rs 21,633 crore on a standalone ...
RBI rejects 6 applications for setting up banks“The examination of six applications has now been completed as per the procedure laid down under these guidelines,” the RBI said in a state...
Not the end of the road, says Sachin Bansal, after RBI denies banking permitThe RBI on Tuesday evening said it found Chaitanya India Fin Credit to be unsuitable for an ‘on tap’ banking licence. In total, the central...
Sachin Bansal firm denied banking licence; Musk warns Twitter deal dead without fake-accounts proofIn total, the central bank rejected six of the 11 applications it received. Of the six, four applications were for universal bank licences ...
Paytm’s Raheja QBE deal is off; Navi Finserv to raise Rs 600 cr from bond saleOne97 Communications, the parent company of Paytm, has said its deal to acquire Raheja QBE General Insurance Company Ltd has been terminate...
Sachin Bansal’s Navi to file for Rs 4,000-crore IPO this weekSachin Bansal, who has invested Rs 4,000 crore of his own capital in Navi, is expected to retain majority control in the firm even after th...