A payment aggregator provides payment services for merchants and e-commerce sites by accepting payment instruments from customers. As part of the process, they pool the funds received from customers and

RBI said the latest steps would help diversify and expand the sources of forex funding and reduce currency volatility.  The Reserve Bank of India announced a series of steps to

Indian startups are betting on an upcoming space policy to spur collaboration between the public and private sectors and even drive international expansion. This comes after the Indian Space Research

The demerger was to transform the multi-sector conglomerate structure of the company into two separate sector-focused – financial services and pharmaceuticals — listed entities and command leadership positions in those

Slower economic growth may be a “necessary price to pay” given the urgent and pressing need to restore price stability, she said. Georgieva cited a growing risk of divergence between

Following the government’s announcement, Indian oil companies will have to pay Rs 6 per litre (around USD 12.2 per barrel) on exports of petrol and ATF, and Rs 13 per

Bharatpe said that it facilitated loan disbursal for over 1.2 lakh merchants during the quarter compared to 66,000 merchants that benefitted from the service in January-March quarter. Fintech firm Bharatpe

Vauld became the latest decentralized finance (DeFi) firm to be hit by the crypto market’s recent downturn. In its statement on July 4, the company said that its financial challenges

OneCoin was not backed by any secured, independent blockchain-type technology as other cryptocurrencies are. It was a classic Ponzi scheme, in which early investors are encouraged to find others and

Mumbai: As the craze for startups fades, valuations of several new-age companies have taken a beating in the market for unlisted shares, potentially delaying their plans to go public. According

The HDFC and HDFC Bank merger proposal is still awaiting a number of legal and regulatory approvals. On Monday, HDFC Bank announced that the RBI has approved its parent company

The industry intends to approach the regulator under the aegis of the Payments Council of India (PCI) and request it to let payments banks with a specific track record to