3+ day, 5+ hour ago   (949+ words) Reserve Bank of India Governor Sanjay Malhotra on Thursday urged fintech companies to look beyond technology for its own sake and focus on using artificial intelligence and other emerging technologies to expand financial inclusion, improve customer service, reduce costs and…...

4+ day, 9+ hour ago   (395+ words) Larsen & Toubro (L&T) has raised ₹500 crore through a three-year tokenised bond issue, becoming the first private sector corporate in India to tap the blockchain-based debt market under Sebi’s newly introduced tokenisation framework. On Monday, state-owned power financier REC raised ₹500 crore…...

4+ day, 10+ hour ago   (341+ words) Mathus said that Indian startups have solved for excess, nor they need to solve for niche. He pointed out that there are huge opportunities in the insurance space which can be explored. AI will present us with more opportunities here,…...

4+ day, 8+ hour ago   (312+ words) fortuneindia.com DBS Bank India on Wednesday announced the expansion of capabilities on DBS MAX, its merchant collections platform, with a digital payment management solution powered by Juspay, a global payment infrastructure company The solution helps merchants improve payment resilience,…...

5+ day, 5+ hour ago   (747+ words) A regulatory risk-scoring mechanism that classifies mobile numbers by their probability of involvement in financial fraud, enabling financial institutions to intercept suspicious transactions before fund transfer occurs. It integrates data from multiple intelligence sources into a tiered risk signal system....

6+ day, 11+ hour ago   (640+ words) A process by which a private company offers its shares to the public for the first time on a stock exchange, raising capital and enabling price discovery through market participation. Filing draft papers with the regulator is a mandatory precursor…...

6+ day, 13+ hour ago   (452+ words) PB Pay, the payment aggregator platform of PB Fintech Ltd, has commenced operations and is now live for merchant onboarding and transaction processing, the company said. The platform, which received a payment aggregator licence from the Reserve Bank of India…...

1+ week, 3+ hour ago   (356+ words) The Reserve Bank of India (RBI) has approved Life Insurance Corporation of India (LIC) to acquire an aggregate holding of up to 9.99% in ICICI Bank, potentially more than doubling the state-owned insurer’s existing stake in the private lender. ICICI Bank disclosed…...

1+ week, 4+ day ago   (229+ words) JM Financial Asset Management Ltd. (AMC), an Indian asset management company that offers a wide range of investment solutions to individual and institutional investors has announced the first close of its Scheme – JM Financial India Pre-IPO Fund I (“The Pre-IPO…...

1+ week, 4+ day ago   (376+ words) Brokerage firm Zerodha has secured approval from the Securities and Exchange Board of India (Sebi) for a merchant banking licence, marking its formal entry into investment banking as it seeks to build new business verticals beyond stock broking. The Bengaluru-based…...