The Reserve Bank of India’s proposed restrictions on revolving credit could force NBFCs to shift towards term loans, potentially impacting customer access to flexible borrowing options amid intensified regulatory scrutiny and tighter lending controls. The Reserve Bank of India’s planned…
As young Indian investors increasingly turn to social media influencers for financial advice, regulators explore frameworks to balance innovation with investor protection amid rising retail participation. A recent conversation with finance students offers a useful snapshot of how young Indians…
State Bank of India has integrated artificial intelligence into its core credit and operational functions, underwriting nearly ₹1 lakh crore in MSME loans in FY26 and automating cheque processing, signalling a mainstream shift towards digital banking. State Bank of India…
Shopiators launches a platform that helps Indian small businesses transition from informal social selling to organised online stores, emphasising operational support without abandoning social channels. Shopiators is pitching itself as a bridge between the messy, conversation-led world of social selling…
India Post has launched a new online payment option for Aadhaar enrolment and updates through its APT Booking Solution, aiming to enhance digital accessibility and reduce friction at post office centres, especially in rural regions. India Post has introduced an…
Indian companies operating Unified Payments Interface platforms warn that advances in AI cybersecurity threats are accelerating costs, prompting calls for introducing merchant discount rates amid rising transaction volumes and security challenges. Companies running Unified Payments Interface platforms have told government…
The Indian government has sanctioned a nationwide trial for 1 billion polymer banknotes in ₹10 and ₹20 denominations, signalling a potential shift towards more durable currency in its monetary system. India’s government has approved the Reserve Bank of India’s plan…
DiGiSPICE Technologies reports a significant quarterly profit increase driven by improved operating efficiency and expanding rural payments, as it transitions to higher-margin financial products amid a broader industry shift. DiGiSPICE Technologies said its first quarter of FY27 marked a sharp…
Sanjay Malhotra and RBI officials call for cautious yet ambitious adoption of AI in Indian banking, emphasising transparency, trust, and risk management to shape the decade’s fintech landscape. Sanjay Malhotra has urged banks to treat artificial intelligence with both ambition…
India’s Ministry of Home Affairs has blocked 3,718 mobile apps and implemented new systems to combat cybercrime, saving over ₹11,158 crore in financial frauds and ramping up awareness campaigns nationwide. India’s Ministry of Home Affairs says the government has blocked…
As India’s insurance industry grapple with rising complaints over mis-selling and claims disputes, regulators advocate for a shift towards institutional and digital distribution channels to boost penetration and modernise sales practices. India’s insurance market still leans heavily on individual agents,…
India’s markets regulator is contemplating a relaxed framework for social media financial influencers, while intensifying measures against misleading investment content, as the role of platforms like Instagram and YouTube in retail trading grows. India’s markets regulator is weighing a lighter-touch…
