Tag: Reserve Bank of India
Fairfax India offers liquidity support to IIFL Finance amidst RBI embargo
In a significant move to stabilize the financial markets, Fairfax India Holdings Corporation (Fairfax India; TSX: FIH.U), a seasoned investor in the financial services sector, ... Read More
Paytm ensures operational fluidity beyond March 2024 with strategic banking transition
In a significant announcement for the digital payments landscape in India, the Reserve Bank of India (RBI) has confirmed that Paytm's QR, Soundbox, and Card ... Read More
Indian Renewable Energy Agency expands internationally with new subsidiary in IFSC, GIFT City
In a significant development for India's renewable energy sector, the Indian Renewable Energy Development Agency Ltd. (IREDA) has received the nod from the Reserve Bank ... Read More
IndoStar Finance Capital sells corporate loan book to Phoenix ARC
IndoStar Finance Capital Limited (ICFL), a non-banking finance company (NBFC) registered with the Reserve Bank of India, has sold a considerable chunk of its legacy ... Read More
Axis Bank executes first onshore INR non deliverable derivative trade in India
Axis Bank, an Indian private sector bank, has successfully executed its first onshore INR Non Deliverable Derivative trade with a large domestic corporate client based ... Read More
Axis Bank enables RuPay credit card support on UPI
Axis Bank, one of India's leading private sector banks, has made a significant announcement regarding its integration of RuPay Credit Card support on UPI (Unified ... Read More
Aurionpro Solutions’ AuroPay gets RBI’s in-principle approval for payment aggregation
Aurionpro Solutions said that its subsidiary Aurionpro Payment Solutions (AuroPay) has secured in-principle approval from the Reserve Bank of India (RBI) to operate as a ... Read More
Central Bank of India, Moneywise Financial Services forge co-lending partnership
Central Bank of India has announced a co-lending partnership with Moneywise Financial Services Private Limited to provide micro, small, and medium enterprises (MSME) loans at ... Read More
Indian fintech Infibeam Avenues gets payment aggregator licence from RBI
Infibeam Avenues, an Indian payments infrastructure company, will now operate as a payment aggregator following an “in-principle” approval from the Reserve Bank of India (RBI). ... Read More
Fino Payments Bank get RBI nod to offer FD and RD services of Suryoday Small Finance Bank
Fino Payments Bank said that it has secured approval from the Reserve Bank of India (RBI) for starting referral services of fixed deposit (FD) and ... Read More