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India’s fintech industry shifts focus from growth to governance and institutional strength

Indian fintech executives emphasise the importance of building durable institutions, strengthening governance, and prioritising customer protection as the sector matures, amid tighter regulatory scrutiny and a move away from rapid growth. At a panel in Mumbai on Wednesday, India’s fintech…

  • apxadmin
  • August 12, 2026
  • Fintech & Digital Money

SBI accelerates AI-driven lending and cheque processing to scale MSME support

State Bank of India has transitioned AI from pilot projects to core operations, underwriting nearly ₹1 trillion in small-business loans and automating 25% of its cheque processing, signalling a major shift in digital banking practices to boost MSME credit access.…

  • apxadmin
  • August 12, 2026
  • Fintech & Digital Money

RBI restrictions on revolving credit may reshape non-banking financial companies’ borrowing practices

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…

  • apxadmin
  • August 12, 2026
  • Tax, Laws & Money Explained

RBI governor urges Indian banks to lead AI-driven banking innovation rather than follow

Sanjay Malhotra, Governor of the Reserve Bank of India, calls on banks to spearhead the use of AI in finance, leveraging India’s digital infrastructure amidst a global push for modernisation and stability. Reserve Bank of India Governor Sanjay Malhotra has…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Royal London retains lead as advisers prioritise financial strength amid AI skills concerns

Royal London remains the most recommended personal pension among UK advisers in the first half of 2026, while industry warns of a skills gap in artificial intelligence threatening responsible adoption in financial services. Royal London remained the most recommended personal…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Phone scammers now targeting bank details with urgent requests for account numbers

Fraudsters continue to exploit trust by requesting bank account and routing numbers via manipulated phone calls, prompting warnings for consumers to stay vigilant and verify identities through official channels. A common phone scam is built around a simple request: a…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

New phone scam exploits credit card application delays to steal personal details

Scammers are impersonating banks and credit bureaus, claiming to expedite credit card approval for a fee, exploiting consumers’ fears of delays and uncertain decisions, warns the FTC. A recurring phone scam is preying on people who have applied for a…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India’s export growth accelerates to 15% amid global uncertainties, government confident of hitting $1 trillion target by 2026-27

India’s exports have surged approximately 15% in the first four months of the fiscal year, defying global headwinds, with the government optimistic about reaching a $1 trillion export goal by 2026-27, bolstered by new free trade pacts and improving competitiveness.…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India’s top 500 companies show slow progress on women’s leadership roles

Data reveals that only a small fraction of India’s top listed companies have women in top executive roles, highlighting ongoing gender disparities in corporate India’s leadership pipeline. India’s top 500 listed companies have only 9 women chief executives and 25…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

Zetwerk gears up for potential $400 million IPO as India’s market attracts record funding

Bengaluru-based manufacturing firm Zetwerk plans to go public with an offer aiming to raise up to $400 million, marking a significant development in India’s active IPO pipeline amid growing market appetite. Zetwerk Pvt., the Bengaluru-based contract manufacturer, is preparing to…

  • apxadmin
  • August 12, 2026
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