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Page 5 - ஃபிண்டெக் தொடக்கங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Narendra Modi: Government committed to strengthen banking sector: PM Narendra Modi

Narendra Modi: Government committed to strengthen banking sector: PM Narendra Modi
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

India s fintech market likely to grow to 6 lakh crore

India’s fintech market likely to grow to 6 lakh crore India Published: Friday, February 26, 2021, 13:21 [IST] New Delhi, Feb 26: Our effort is to encourage private enterprises wherever possible. However, the country needs effective participation of the public sector in banking and insurance, Prime Minister Narendra Modi said. The PM was addressing a webinar on budget proposals (financial sector). Prime Minister Narendra Modi There is still great scope for the banking & insurance sectors in our economy. Keeping this in mind, we have taken many steps in this Budget- be it our decision to privatise two PSBs, raising FDI limit to 74 per cent in insurance or our decision to bring LIC IPO, the PM also said. The government is committed to strengthening the banking sector and reforms will continue, PM Modi also said.

Govt s top priority is to ensure trust and transparency for depositors, investors, says PM Modi

Govt s top priority is to ensure trust and transparency for depositors, investors, says PM Modi
timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.

Scoop: Razorpay looks at $2 billion valuation in new funding round

Scoop: Razorpay looks at $2 billion valuation in new funding round SECTIONS Share Synopsis Fintech startup Razorpay is in talks with existing investors such as GIC, Tiger Global and Sequoia Capital to raise $150-200 million at nearly double its existing valuation. Razorpay, a Bengaluru-based fintech startup, entered the sought-after unicorn club in October, when it raised $100 million at a valuation of just over $1 billion. (Illustration: Rahul Awasthi/ETtech) Mumbai: Fintech startup Razorpay is in talks with its existing investor Singapore s sovereign investment fund GIC and others to raise $150-200 million in a financing round that could see its valuation nearly double to $2 billion in less than six months, three people privy to the matter told The Economic Times.

Amazon-ICICI-Axis ready with NUE plan

Along with ICICI Bank and Axis Bank, Amazon has also partnered with fintech startups Pine Labs and BillDesk to set a New Umbrella Entity (NUE) that will build a UPI-like settlement system in India s digital payments space.

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