Tag: Financial technology
SBI Deputy MD Nitin Chugh: 19.5 Crore UPI Transactions/day
SBI Deputy MD Nitin Chugh: Witnessing Exponential Growth in UPI TransactionsIn the fast-paced world of digital banking, UPI transactions are skyrocketing, with volumes breaking records month after month. Nitin Chugh, the Deputy Managing Director...
SEBI Chief Emphasizes Depositories’ Unified Investor Apps to Prevent Fraud
SEBI Chief Stresses Importance of Unified Investor Apps to Prevent FraudIn a recent development aimed at simplifying portfolio management and safeguarding investors against fraud, the National Securities Depository Limited (NSDL) and Central Depository Services...
Limited Adoption of T+0 Settlement After One Year
Limited Adoption of T+0 Settlement After One YearNearly a year after its introduction, the same-day or T+0 settlement system in the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) has failed to gain...
Digital Lending Platform Aims to Onboard 1 Million MSMEs by 2030
Invoicemart, a prominent digital marketplace specializing in invoice discounting, has set an ambitious goal of onboarding one million micro, small, and medium enterprises (MSMEs) by 2030. This strategic move is in line with India’s...
Zeta’s valuation reaches $2 billion post $50 million investment
Zeta, a global banking tech provider to financial institutions, has recently made headlines with a significant milestone. Following a strategic investment of $50 million, the company's valuation has soared to an impressive $2 billion....
Cashfree Payments secures $53 million in funding led by KRAFTON
Cashfree Payments, a prominent payments company in India, has recently secured an impressive $53 million in funding, marking a significant milestone in its growth journey. This funding round was led by KRAFTON, a Korean...