December 06, 2024 13:19 (IST)
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'Will appoint new PM in coming days': French President Emmanuel Macron after Michel Barnier's ouster | 'Hope there are no more shocks in future': Devendra Fadnavis after taking oath as Maharashtra CM | Delhi air pollution curbs eased after AQI improves in National Capital Region | Devendra Fadnavis takes oath as Maharashtra CM; Eknath Shinde, Ajit Pawar are his deputies | French government led by Michel Barnier collapses in no-confidence vote deepening political crisis

Ashneer Grover ends all ties with BharatPe following legal dispute settlement

New Delhi/IBNS: Indian fintech company BharatPe announced on Monday (Sept. 30) that it had reached a settlement with its former co-founder Ashneer Grover, formally ending his association with the company.

UK-based fintech Revolut set to enter India by 2025: Report

Mumbai: UK-based Revolut, one of Europe's leading fintech companies, is preparing to launch its services in India by 2025, targeting tens of millions of affluent consumers, according to a report by The Financial Times.

Fintech industry garnered $31 bn investment, startups saw 500% growth in 10 yrs: PM Modi at Global Fintech Fest 2024

Mumbai: India’s fintech industry has garnered an investment of over $31 billion in the last 10 years and the startups in this space have recorded a growth of over 500 percent.

Fintech company Pine Labs consider $1 bn IPO in India: Report

Mumbai: Pine Labs Pvt, an Asian digital payments provider supported by Peak XV Partners and Mastercard Inc., is reportedly considering raising about $1 billion through an initial public offering (IPO) in India, media reported.

Fintech unicorns BharatPe Group and PhonePe resolve all legal disputes over trademark suffix 'Pe'

Mumbai: Fintech unicorns BharatPe Group and PhonePe Group have reached a mutually agreeable resolution for all long standing legal disputes in connection with the use of the trademark suffix 'Pe', the companies said in a joint statement, according to media reports.

Investor education is critical for financial inclusion of youth in digital overload era, say experts

New Delhi/IBNS: The Investor Education and Protection Fund Authority (IEPFA), in collaboration with the National Council of Applied Economic Research (NCAER), which is India’s oldest independent economic think tank, and the Department of Commerce, DSE, University of Delhi recently hosted a conference for youth to bolster financial literacy and inclusion.

Finance Minister Nirmala Sitharaman to meet fintech companies amid Paytm fiasco

New Delhi: Finance Minister Nirmala Sitharaman has decided to hold a meeting with heads of financial technology companies next week to urge them to adhere strictly to regulatory guidelines, media reports said.

RBI releases 30 FAQs for Paytm Payments Bank account holders: Read the full text

The Reserve Bank of India (RBI) released a set of frequently asked questions (FAQs) on February 16 specifically addressing bank account holders of Paytm Payments Bank. Below is the complete text of the FAQs:

Paytm transfers nodal account to Paytm Payments Bank to Axis Bank

Mumbai: One97 Communications, the parent company of Paytm, has transferred its nodal account from Paytm Payments Bank to Axis Bank.

No relief for Paytm Payments Bank; RBI only extends deadline for imposing curbs

Mumbai: The Reserve Bank of India (RBI) on Friday extended the deadline for Paytm Payments Bank Ltd (PPBL) to cease accepting new deposits and conducting credit transactions.

Paytm restrictions imposed after thorough consideration, no roll back: RBI Governor

Mumbai: The RBI restrictions on Paytm have been imposed after thorough consideration as is the case in all the decisions made by the Central bank, RBI Governor Shaktikanta Das has said, reported media.

Hit by RBI restrictions, Paytm to set up advisory committee headed by ex-SEBI Chairman M Damodaran

Mumbai: One97 Communications, the fintech company that owns the Paytm brand, revealed on Friday that it would set up an advisory committee led by former SEBI Chairman M Damodaran, media reported.

RBI action on Paytm Payment Bank in interest of consumers and Indian Economy: Financial Services Secretary

Mumbai: The recent measures enacted by the Reserve Bank of India (RBI) concerning Paytm Payments Bank serve the interest of consumers and the broader Indian economy, according to Financial Services Secretary Vivek Joshi.

Spice Money's user network grows 12.67% in West Bengal in 2023

Kolkata: Rural fintech company Spice Money, a subsidiary of DiGiSPICE Technologies, has launched the Spice Money Guarantee Drive in West Bengal.

Ministry of Corporate Affairs serves notice to BharatPe seeking evidence of its allegations against Ashneer Grover in courts

New Delhi: Fintech unicorn BharatPe has been served a notice by the Ministry of Corporate Affairs (MCA) under Section 206 of the Companies Act, asking the company to furnish details regarding legal actions taken against its founder, Ashneer Grover.