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Finance/Fintech

NBFC MSME Lender U GRO Capital Obtains $30 Mn Over NCDs From Dutch Bank FMO

NBFC MSME Lender U GRO Capital Obtains…

New Delhi, Dec 19 (KNN) U GRO Capital, MSME-focused Non-banking Financial Company (NBFC) announced on Tuesday that it has raised…

Over 51 Cr PM Jan Dhan Accounts Opened, 4.30 Cr Remain Dormant: Union MoS Finance

Over 51 Cr PM Jan Dhan Accounts…

New Delhi, Dec 13 (KNN) The Ministry of Finance stated that over 51.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts…

RBI Aims To Strengthen Digital Infrastructure With Cloud Storage Services

RBI Aims To Strengthen Digital Infrastructure With…

Mumbai, Dec 9 (KNN) The Reserve Bank of India (RBI) is working on setting up a cloud facility for India’s financial…

RBI Governor Shaktikanta Das Maintains Status Quo On Repo Rate At 6.5% For Fifth Consecutive Time

RBI Governor Shaktikanta Das Maintains Status Quo…

Mumbai, Dec 8 (KNN) Reserve Bank of India (RBI) Monetary Policy Committee (MPC) on Friday announced its decision to keep the…

Centre Likely To Extend Rs 1.3 Trn Interest-Free Loan To States By 1 Yr

Centre Likely To Extend Rs 1.3 Trn…

New Delhi, Dec 5 (KNN) There is a probability that the central government will extend its Rs 1.3 trillion interest-free loan…

India Records 15% Surge In GST Collection To Rs 1.68 Lakh Cr In Nov

India Records 15% Surge In GST Collection…

New Delhi, Dec 2 (KNN) India’s GST collection has witnessed a 15 per cent year-on-year (YoY) increase in its GST collections…

MODIFI Targets $4.5 Bn In SME Cross Border Finance In 5 Years

MODIFI Targets $4.5 Bn In SME Cross…

New Delhi, Dec 1 (KNN) Fintech firm MODIFI has set an aim to increase its small and medium-sized enterprises (SME) cross border…

YEIDA FinTech Hub To Come Up in 350 Acres Near NOIDA

YEIDA FinTech Hub To Come Up in…

Noida, Nov 23 (KNN) The Yamuna Expressway Industrial Development Authority (YEIDA) is planning to establish a FinTech Hub in…

RBI To Tighten Its Penalty Framework For Banks

RBI To Tighten Its Penalty Framework For…

New Delhi, Nov 21 (KNN) The Reserve Bank of India (RBI) is planning to carry a complete review of its penalty system, a senior…

RBI Allows Banks To Open Current Account For Export Proceeds

RBI Allows Banks To Open Current Account…

Mumbai, Nov 18 (KNN) The Reserve Bank of India (RBI) on Friday gave  banks permission to open additional current…