Ecom Express seeks $125-150 mn in private funding as IPO plans stall

Ecommerce-Focused Logistics Player ecom expresswhich was preparing for a listing before the market turmoil, $125-$150 million…

RBI: The financial system must be protected from fintech risks

reserve Bank of India (reserve Bank of India) said Thursday that the broader financial system should…

CBDT says gift cards, reward points are not virtual digital assets

Gift Cards, vouchers, mileage points, reward points and loyalty cards will be excluded from the definition…

Strict returns to trigger mark-to-market losses for banks: RBI report

Banks are incurring losses as business grows Rate of interest Their bonds reduce the value of…

LazyPay updates terms to comply with RBI order

LazyPay, Lending Branch PayU Indiahas updated its terms and conditions to comply with a recent directive…

Banks’ bad loans expected to come down to 5.3% by March 2023: RBI report

Reserve Bank Banks’ bad loans are expected to decline to 5.3 per cent of total advances…

HSBC to restart India’s private banking business within a year – executive

HSBC Holdings Plc plan to restart India Within a year of the private banking business, its…

Some UCBs fail stress test even at baseline: RBI’s FSR

Some urban co-operative banks have failed tests for four out of the five parameters increasing risk…

122 more startups can become unicorns in 4 years: Hurun – ​’Funding winter’

According to reports, there is a ‘funding winter’ in the Indian startup ecosystem due to various…

Private sector banks lend aggressively to MSMEs as per latest RBI FSR

Private sector banks grabbing market share MSME Lending aggressively as PSU banks are silent. also in…