Vostro accounts are accounts held by a bank on behalf of another, often foreign, bank, and are an important part of correspondent banking. So far, five Indian banks have received

Headquartered in Chennai, the company provides secured business loans to micro-entrepreneurs and self-employed individuals, who traditional financing institutions largely exclude. All of its loans are secured by borrowers’ property (SORP

According to the RBI, the CBDC will help reduce operational costs involved in physical cash management, foster financial inclusion, and bring resilience, efficiency, and innovation to the payments system, among

Cristiano Ronaldo’s new collection will be available on Binance’s website beginning November 18, 2022. Cristiano Ronaldo’s first NFT collection will be released on Friday, November 18 as part of a

SoftBank had cumulatively invested around $2.2 billion in these three companies (Paytm, Policybazaar, and Delhivery) and offloaded shares worth $560 million at their initial public offerings (IPO). This means that

The disinvestment proceeds mopped up so far this fiscal increased to Rs 28,383 crore. The budget target from disinvestment in the current fiscal (Apr-March) is pegged at Rs 65,000 crore.

Founded in 2018 by Neha Sampat and Nishant Patel, Contentstack provides content management systems (CMS) to enterprises. It equips businesses with one central content hub and helps them provide a

KarmaLife is a financial service provider to contract-based workers, which has asserted cooperation with Repute. This partnership will allow KarmaLife to connect to a Human Resource Management System supported by

Reliance Industries Ltd. Chairman Mukesh Ambani at the India Mobile Congress 2022 on Saturday, October 1, 2022 in New Delhi, India. The debut of 5G services in India was announced

Razorpay, the winner of the Startup of the Year category at the ET Startup Awards 2022, has already exceeded its annual gross transaction value (GTV) target of $90 billion for

Paytm’s loan disbursement value increased 387% year on year to 3,056 crore, while the number of loans disbursed increased 161%. In a letter to shareholders, Paytm CEO Vijay Shekhar Sharma

Ashneer Grover is the co-founder and former CEO of BharatPe, an Indian fintech startup. This December, entrepreneur Ashneer Grover will release his memoirs, which he describes as “all about the