The Reserve Bank of India is set to announce a revised, principles-based framework for categorising non-banking financial companies into upper, middle, and lower layers, impacting supervision, capital requirements, and market access for major lenders like Tata Sons. The Reserve Bank…
India’s prominent digital payment system, UPI, is under renewed scrutiny as policymakers consider introducing merchant charges for transactions above Rs 2,000, signalling a potential shift in the country’s zero-MDR regime amidst ongoing industry cost concerns. India’s UPI system, which has…
CoinSwitch’s new partnership with TradingView simplifies crypto futures trading for Indian users, bridging technical analysis with execution on the same platform amid increasing professionalisation and competitive costs. CoinSwitch has become a TradingView broker partner, giving its users a direct route…
The Employees’ Provident Fund Organisation has launched an upgraded portal with a Service History tool to help workers identify and link multiple old PF accounts, reducing administrative hurdles during transfers and pension claims. Employees who changed jobs before the Universal…
India is contemplating a landmark shift in its digital payment landscape, potentially allowing banks and firms to charge fees on high-value UPI transactions, signalling a new phase in the country’s cashless ecosystem. India may be edging towards a small but…
Sarvam co-founder Pratyush Kumar announces plans to develop a trillion-parameter AI model in India, signalling a shift towards domestic AI infrastructure and reducing reliance on imported systems. At Epoch 2026, Sarvam co-founder Pratyush Kumar said the company was building a…
As AI-driven agentic payments gain serious funding, industry leaders emphasise the importance of robust authorisation, governance, and auditability to trust and operate these innovative transactions. Agentic payments are no longer just a proof of concept. As the sector starts to…
Indian startup Sarvam AI raises $75 million in Series B funding, with Nvidia among backers, to build a pioneering trillion-parameter AI model in India, signalling a significant step towards indigenous frontier AI development. Sarvam AI has raised $75 million in…
Diesta integrates Kinexys Liink Confirm, a blockchain-based payee verification tool from J.P. Morgan, to streamline cross-border insurance payments, reduce errors, and enhance operational efficiency across multiple countries and currencies. Diesta has added Kinexys Liink Confirm, a payee verification tool from…
Indian banks are preparing for a major overhaul in risk provisioning with the Reserve Bank of India setting a 2027 deadline for transitioning to an expected credit loss framework, promising more proactive risk recognition but demanding significant technological and governance…
