The International Monetary Fund (IMF) has raised concerns about potential financial instability in India due to the concentrated exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sector.
Prime Minister Narendra Modi on Saturday said that the land that gave the world the concept of zero, is now becoming the land of infinite innovations, adding that India was not only innovating but also "Indovating," meaning innovating the Indian way.
Unified Payments Interface (UPI) has potential for other countries to learn from the experience and get ideas on how to adopt it in their own countries, said Professor Carlos Montes, Lead Innovation Hub, University of Cambridge Business School.
Leh [India], February 10: Barrel Scope Solutions, a leading innovator in parking automation and traffic management, has successfully taken over complete parking operations at Leh's Kushok Bakula Rimpochee Airport, the highest airport in India. Situated at an altitude of 3,256 meters (10,682
Bangalore (Karnataka) [India], January 31: CARD91, a leader in payment issuance, proudly announces the launch of its proprietary UPI Switch: Blitz--a platform designed to empower banks and regulated entities with seamless, scalable, and secure payment solutions tailored to India's dynamic di
Bangalore (Karnataka) [India], January 30: CARD91, a leader in payment issuance, proudly announces the launch of its proprietary UPI Switch: Blitz--a platform designed to empower banks and regulated entities with seamless, scalable, and secure payment solutions tailored to India's dynamic di
The Open Network for Digital Commerce (ONDC) has been hailed as a transformative initiative with the potential to drive India's next wave of entrepreneurial innovation.
New Delhi [India], January 21: IDFC FIRST Bank, in partnership with RuPay, a global card payment network from India, proudly announces the launch of the UPI enabled RuPay Credit Card called - FIRST EARN . This credit card is backed by Fixed Deposit and hence everyone is eligible to instantly
Bangalore (Karnataka) [India], January 17: Aurm, a company that is redefining bank lockers experience by making it accessible and convenient for Indian households, and Jupiter Money, India's most-loved financial wellness platform, have announced a strategic partnership to make more financial
This valuation is derived from a P/E multiple of 25x on FY30 earnings per share (EPS). The report notes that while fintech companies are expected to enjoy premium valuations during their growth phase, intensifying competition in the long term could result in a compression of these valuati
The Reserve Bank of India (RBI) has directed banks giving Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) services to introduce beneficiary account name look-up facility to customers for fund Transfers by April 1, 2025.