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Finance/Fintech

Major UPI Players' Dominance Sparks Concerns; Smaller Entities Seek Regulatory Support

Major UPI Players' Dominance Sparks Concerns; Smaller…

New Delhi, May 9 (KNN) Representatives from the United Payments Interface (UPI) ecosystem convened with senior Reserve Bank…

FEMA Norms Relaxed By RBI To Boost Foreign Investment In Derivatives

FEMA Norms Relaxed By RBI To Boost…

New Delhi, May 8 (KNN) In a move aimed at facilitating foreign investment in derivative instruments, the Reserve Bank of India…

REC Ltd Gets RBI Nod to Set Up Subsidiary at GIFT City

REC Ltd Gets RBI Nod to Set…

New Delhi, May 6 (KNN) REC Limited, a leading Maharatna central public sector enterprise under the Ministry of Power and a…

RBI Hits Brakes on Fintech Lending, Calls for Growth Moderation

RBI Hits Brakes on Fintech Lending, Calls…

Mumbai, May 6 (KNN) The Reserve Bank of India (RBI) has cautioned fintech companies, particularly those involved in lending…

South Indian Bank To Intensify Retail & MSME Focus, Pursue Double-Digit Growth In FY25

South Indian Bank To Intensify Retail &…

New Delhi, May 4 (KNN) South Indian Bank's MD and CEO, P.R. Seshadri, has unveiled the bank's strategic outlook…

FinMin Mulls Requiring Nodal Officers at Banks, Fintechs for Law Enforcement Liaison

FinMin Mulls Requiring Nodal Officers at Banks,…

New Delhi, May 2 (KNN) The Finance Ministry is considering a proposal to require banks and fintech companies to appoint designated…

RBI Directs Lenders To Rectify Unfair Interest Charging Practices

RBI Directs Lenders To Rectify Unfair Interest…

New Delhi, May 1 (KNN) The Reserve Bank of India (RBI) has instructed regulated lending entities to review and rectify certain…

Innovative Financing Needed To Boost Renewable Energy Solutions: IREDA Chief

Innovative Financing Needed To Boost Renewable Energy…

New Delhi, Apr 26 (KNN) The Chairperson and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA)…

NBFCs Co-lending Portfolio Crosses Rs 1 Lakh Cr; Projected To Grow By 35-40% Annually: CRISIL

NBFCs Co-lending Portfolio Crosses Rs 1 Lakh…

New Delhi, Apr 9 (KNN) After more than 5 years since its inception, the co-lending assets under management (AUM) for non-banking…

Indian Banks Encouraged To Lead INR Derivatives Market: RBI Governor

Indian Banks Encouraged To Lead INR Derivatives…

New Delhi, Apr 9 (KNN) Reserve Bank of India (RBI) Governor Shaktikanta Das emphasised the need for increased participation…

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