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The board of Directors of Infibeam Avenues has approved to acquire 49.50 per cent equity from the existing shareholder of So Hum Bharat Digital Payments , , Infibeam Avenues, quarterly results
The US SEC has approved the first US-listed ETFs to track bitcoin, marking a milestone for the world’s largest cryptocurrency and the broader crypto industry.
The Reserve Bank of India has said it didn’t receive any innovative proposal from the industry on creating a rival entity to retail payments umbrella entity NPCI.
Making its foray into AI-based lending space, Infibeam Avenues says it intends to lend money by offering credit algorithms, credit platforms, frameworks and merchant database.
RBI warns against allowing Big Tech firms into financial services SECTIONS Share Synopsis Entry of Big Tech firms—Apple, Amazon, Google, Facebook and Microsoft—into financial services could present challenges in maintaining adequate stability and governance of the ecosystem, RBI says in its biannual Financial Stability Report. Reuters RBI’s warning comes at a time when the Indian government has been embroiled in a tussle with Big Tech firms over compliance with India IT rules. INSIGHTS NSE Explore Now Mumbai: Entry of the so-called Big Tech companies in financial services in emerging m...