India’s pension regulator has launched a new, flexible retirement savings route for gig and platform workers, allowing contributions as low as ₹99 to the National Pension System, aiming to expand social security for the informal economy. India’s pension regulator has…
The Indian government is trialling a CBDC-based subsidy transfer for PMGKAY beneficiaries in Chandigarh and Dadra & Nagar Haveli, aiming to enhance transparency and financial inclusion in welfare programmes. The Centre is preparing to roll out a digital rupee-linked subsidy…
The Karnataka High Court has ruled that police can freeze bank accounts under Section 106 of the BNSS without court approval, potentially accelerating investigations into digital financial crimes, amid ongoing judicial scrutiny of account freeze procedures. The Karnataka High Court…
India’s Ministry of Home Affairs has ordered Google to remove six suspected predatory loan apps from the Play Store, amid mounting concerns over data misuse and aggressive recovery tactics in a broader regulatory crackdown. India’s Ministry of Home Affairs has…
PayU has introduced India’s first RBI-compliant payment checkout designed to enable visually impaired users to complete transactions independently, highlighting a significant step towards inclusive digital payments in India. PayU has launched what it describes as India’s first RBI-compliant payment checkout…
AvenuesAI Ltd reports a 109% rise in quarterly revenue driven by AI-enabled payments and expands its global reach through strategic regulatory approvals and innovative transaction platforms, positioning itself for robust growth in FY27. AvenuesAI Ltd has reported a sharp jump…
Indifly’s strategic stake in CGreen aims to enhance loan resolution technology, expand on-ground presence, and revolutionise debt collection in India’s under-served Tier 3 regions amid rapid lending growth. Indifly has taken a strategic stake in CGreen, a loan resolution and…
Indian Bank’s managing director warns of increasing disguised unemployment as technology enhances efficiency, with AI playing a crucial role in transforming staffing and operational practices across the sector. Indian Bank managing director and chief executive Binod Kumar has warned that…
The National Bank for Financing Infrastructure and Development is set to establish a self-regulatory organisation for infrastructure financiers within a month, signalling a pivotal expansion in its oversight and support for India’s infrastructure sector. National Bank for Financing Infrastructure and…
India advances its digital currency infrastructure with a new pilot programme in Chandigarh and Dadra and Nagar Haveli, integrating Central Bank Digital Currency into food subsidy payments to enhance transparency and reduce leakage. India will take a further step in…
AvenuesAI Ltd reports a 45% rise in quarterly net profit to ₹85 crore, driven by more than doubling revenue to ₹2,680 crore, as it plans aggressive expansion into the US and launches new AI-powered transaction platforms to achieve its FY27…
FlexiLoans has crossed ₹3,000 crore in assets under management, marking significant growth in its digital lending platform for small enterprises across India, with a focus on regional expansion and inclusivity. FlexiLoans has said it has crossed ₹3,000 crore in assets…
