Fintech

Digital Currency to Soon Become Reality in India: RBI

The Reserve Bank of India is working toward a “phased implementation strategy” of a Central Bank Digital Currency (CBDC), RBI deputy governor...

Explained: Curbs on foreign card firms

Over the problem of storing data in India, the Reserve Bank of India has blocked three foreign card payment network providers —...

RBI has imposed restrictions on Mastercard Asia

Strict ban on adding new customers to MasterCard from July 22 The Reserve Bank of India (RBI) took major...

CCI approves for SoftBank’s $450-million investment in Swiggy

CCI approves forSoftBank’s $450-million investment in Swiggy SoftBank is looking to invest $450 million in Swiggy in a deal...

The Reserve Bank of India has asked banks to send key personnel on a 10-day surprise leave

The Reserve Bank of India (RBI) has instructed banks to send essential workers on mandatory surprise leaves for a minimum of 10...

Softbank plans to invest $200 million in Indian online pharmacy PharmaEasy

Japanese investment behemoth SoftBank is in talks to invest about $150-200 million in API Holidingspvt, the parent company pharmaEasy.

The Reserve Bank of India has fined 14 banks for breaking rules

The Reserve Bank of India has imposed penalties on 14 banks for failing to follow key requirements of RBI directives. The RBI...

“The second wave slowed the recovery, but economic activity is currently on the rise.” – R.B.I

MUMBAI: The pandemic's second wave has slowed recovery, but with cases fading quickly, economic activity has increased since May, said RBI Governor...

India’s new bad bank faces a $27 billion debt mountain

A bad bank slated to open this month in India could help lower one of the world's worst bad-loan piles, but market...

Latest articles

Paytm and HDFC Bank have teamed up to explore payment solutions for new online businesses

Paytm, the IPO-bound digital payments company, and HDFC Bank, India's largest private sector bank, announced a strategic partnership to develop comprehensive solutions...

For the first time in three months, Bitcoin has surpassed $50,000

On Monday, Bitcoin surpassed $50,000 for the first time in three months, as investors flocked back into the cryptocurrency on a bargain-hunting...

50 Government schools transformed in Odisha, 1000 underway

Under the 5-T initiative, Odisha Chief Minister Naveen Patnaik has changed 50 government high schools in the Hinjilicut and Sheragada Blocks in...

WhatsApp’s Desktop App Has Been Released To The Public Beta Program

WhatsApp, like most other apps, is subjected to beta testing. This is crucial because they need to ensure that the software works...