Mumbai (Maharashtra) [India], November 17: PayU, India's leading diversified fintech platform, has received integrated authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator across online, offline (physical) and cross-border transactions, including both Inward
India's currency rupee, may finally have bottomed out after a persistent weakness, according to Jefferies. In its latest GREED & fear report, the global financial services firm highlighted a "growing likelihood that the rupee has bottomed" following its months-long depreciation.
Pune (Maharashtra) [India], November 15: As an investor, one of the key considerations in your financial journey may be to strike a balance between potential returns and your overall investments. Sector-focused funds may be a way to do this, as they allow you to channel your money into parts
Noida (Uttar Pradesh) [India], November 14: Max Financial Services Limited has recorded consolidated revenue excluding investment income at ₹15,090 crores that grew by 18% year-on-year in H1 FY'26. The consolidated revenue including investment income stands at ₹22,624 crores and consolidated
Government urged insurance companies to ensure the "highest standards of service and better turnaround time" for policyholders, particularly during hospitalisation and while settling claims. In a meeting with insurers and healthcare providers, Secretary, Department of Financial Services (DFS
Pune (Maharashtra) [India], November 14: India's financial ecosystem is expanding in step with the country's broader growth trajectory. Structural shifts in technology, demographics, regulation, and inclusion continue to reshape how Indians save, borrow, insure, and invest. These long-term d
The firm said it was encouraged by "healthy core growth" and "rising option value across wealth, lending and international segments," adding that Paytm remains its "preferred pick among fintechs."
Mahindra & Mahindra Ltd (M&M) has signed an agreement with global insurer Manulife to form a 50:50 life insurance joint venture in India, with both partners committing capital of up to Rs3,600 crore over 10 years.
The scheme will be implemented by the Department of Financial Services (DFS) through the National Credit Guarantee Trustee Company Limited (NCGTC) to provide additional credit support to eligible exporters, including MSMEs, through MLIs. A management Committee formed under the chairmanshi
The Department of Financial Services (DFS) under the Ministry of Finance launched the Startup Common Application Journey on the Jan Sammarth Portal during the Public Sector Banks Review Meeting held in New Delhi on Wednesday. The initiative aims to simplify and streamline access to credit fo
Bengaluru (Karnataka) [India], November 12: India's financial sector continues to evolve with structural shifts across technology, policy, demographics, and social behaviour. These long-term trends, often referred to as megatrends, are reshaping how individuals save, borrow, spend, and inves
Airtel Money, the mobile money arm of Airtel Africa, has launched a new cloud-native mobile money platform powered by Comviva's mobiquity Pay. The move marks a major step in Airtel Africa's plan to modernize its financial services and make them faster, more secure, and easier to use for near