Allow NBFCs to access UPI payments platform: FIDC urges Finmin
FIDC suggests allowing NBFCs in UPI network for 'Credit on UPI', boosting competition, improving services, and reducing costs.
Source: thehindubusinessline.com
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Finance Ministry prepares new government's first full Budget amid Lok Sabha election heat
Key Finance Ministry officials prepare for new government's first full budget, led by Finance Secretary T.C. Somnathan. Transition from interim to full budget.
Source: thehindubusinessline.com
Unveiling the shadowy side of surging gold loans: Will the RBI move to protect customers?
There has been a sharp rise in gold loans in recent years. But there is a seedier side to this, as is evident from the red flag the RBI raised recently. Will the regulator's move protect customers?
Source: businesstoday.in
FinMin reviews bankruptcy proceedings of Jaiprakash Associates, Arch Pharma Labs, other high-profile cases
Secretary of the Department of Financial Services, Vivek Joshi, asked banks to move forward in declaring defaults, so that companies can move towards the resolution process.
Source: moneycontrol.com
Fintechs, law enforcement agencies mull ways to address digital fraud, cyber security challenges
Heads of around 60 fintech companies, four fintech associations, 23 states' police departments, CBI, ED, FIU-India, central government ministries and departments, regulators and other concerned agencies participated in the workshop
Source: moneycontrol.com