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After a $370 million investment round headed by Tiger Global, India's BharatPe is valued at over $2 billion

After a $370 million investment round headed by Tiger Global, India's BharatPe is valued at over $2 billion
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

Ashneer Grover , Suhail Sameer , Shashvat Nakrani , Digital Bank , Praxis Global Alliance , Dragoneer Investment Group , Maharashtra Bank , Tiger Global , Maharashtra Co Operative Bank , Centrum Finance , Reserve Bank , Coatue Management , Insight Partners , Sequoia Growth , Ribbit Capital , Group President Suhail Sameer , High Net Individuals , சுஹைல் அதே , ஷாஷ்வத் நக்ரானி , டிஜிட்டல் வங்கி , ப்ர்யாக்ஸீஸ் உலகளாவிய கூட்டணி , மகாராஷ்டிரா வங்கி , புலி உலகளாவிய , மகாராஷ்டிரா இணை செயல்பாட்டு வங்கி , சிஇஎன்டிஆர்யுவ்எம் நிதி , இருப்பு வங்கி ,

BharatPe banks on engineers

BharatPe banks on engineers
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In June, a three-year old fintech startup won a rare banking licence from the RBI a prize that has eluded many of India’s biggest business barons.
BharatPe now plans to launch India’s first merchant-focussed bank in the next three to four months. We spoke to several experts to make sense of the company’s foray into traditional banking.
Also in this letter:
Why IT services firms are on a hiring spree
Govts need to hold
(L-R) BharatPe cofounder Ashneer Grover, Centrum Group chairman Jaspal Bindra, BharatPe group president Suhail Sameer ....

Noord Brabant , Roshni Malhotra Nadar , Kamal Karanth , Rana Kapoor , Bharatpe Paytm , Nirmala Sitharaman , Bhavik Koladiya , Ashneer Grover , Ashwini Vaishnaw , Deepinder Goyal , Lok Sabha , Suhail Sameer , Shashvat Nakrani , Jaspal Bindra , Shiv Nadar , Ashok Kapur , Harkirat Singh , Axis Bank , Bank Or Rana Kapoor , Amazon Web Services , Aakash Educational Services , Indian Institute Of Science Iisc , Centrum Group , Shiv Nadar Foundation , National Payments Corporation Of India , Prudential Financial ,

bharatpe: Making sense of BharatPe's banking foray

Synopsis
The story of how BharatPe, a three-year-old fintech startup, partnered 44-year-old NBFC Centrum Finance to acquire a banking licence and make a play for the troubled PMC Bank has more to it than meets the eye.
ETtech
(L-R) BharatPe cofounder Ashneer Grover, Centrum Group chairman Jaspal Bindra, BharatPe group president Suhail Sameer
Mumbai | Bengaluru:BharatPe’s
proposed joint venture with non-banking financial company Centrum Finance to set up a small finance bank and acquire troubled Punjab and Maharashtra Co-operative (PMC) Bank is a landmark event for fintech players harbouring banking ambitions.
The deal, however, has not been easy to stitch up. ....

Bhavik Koladiya , Jaspal Bindra , Gautam Kaushik , Ashneer Grover , Suhail Sameer , Shashvat Nakrani , Wadhawan Group , Standard Chartered Plc Asia , Centrum Group , Payments Bank , Infrastructure Ltd , Housing Development , Centrum Finance , Maharashtra Co Operative , Reserve Bank , Deposit Insurance Scheme , Resilient Innovations , Yes Bank , Standard Chartered Plc , Tiger Global , Payback India , Parth Joshi , பாவிக் கோலாடியா , ஜஸ்பால் பின்ற , கௌதம் கௌஷிக் , சுஹைல் அதே ,

BHIM UPI transactions more than double to 273 cr in March | मार्च में भीम UPI से 273 करोड़ ट्रांजेक्शन, इसमें 5 लाख करोड़ रुपए का लेन-देन हुआ

BHIM UPI transactions more than double to 273 cr in March | मार्च में भीम UPI से 273 करोड़ ट्रांजेक्शन, इसमें 5 लाख करोड़ रुपए का लेन-देन हुआ
bhaskar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bhaskar.com Daily Mail and Mail on Sunday newspapers.

Axis Bank , Consortiuma Indian Reserve Bank , Tata Group , Indusind Bank , Kotak Bank , Bhima Transaction , Transaction Data , Real Time , India Billpay , Indian Reserve Bank , System Infrastructure , Centrum Finance , India Post , அச்சு வங்கி , டாடா குழு , இந்துசின்த் வங்கி , கோட்டக் வங்கி , பரிவர்த்தனை தகவல்கள் , ரியல் நேரம் , இந்தியன் இருப்பு வங்கி , அமைப்பு உள்கட்டமைப்பு , சிஇஎன்டிஆர்யுவ்எம் நிதி , இந்தியா போஸ்ட் ,

Six consortiums apply to RBI for NUE licence for retail payments

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The bank consortium is led by Axis Bank and
ICICI Bank, with 20% each and co-promoting an entity called MoPay. This consortium also has BillDesk, Pine Labs, Amazon and Visa with 15% stake each, sources directly aware of the talks told ET.
A consortium led by Reliance Industries and Infibeam Avenue has also submitted its proposal Wednesday. Facebook and Google are set to have minority stakes in this entity, as reported by ET in February.
Tata Group has also applied for the NUE licence through its subsidiary Ferbine Payments. It will own 40% in the entity while Airtel Digital, Mastercard and Nabard will hold 10% each. Flipkart, through its subsidiary FlipPay, and Naspers-backed PayU will own about 5% each in the Tata entity. HDFC Bank and Kotak Mahindra Bank will hold 9.99% each in Ferbine. ....

Jan Dhan Yojana , Axis Bank , National Financial Switch , Suryoday Small Finance Bank , National Payments Corp , Tata Group , Indusind Bank , Kotak Mahindra Bank , Reliance Industries , India Post , Tech Top , Pine Labs , Infibeam Avenue , Airtel Digital , Naspers Backed Payu , Electronic Payment , Fola Financial , Centrum Finance , Unified Payment Interface , Immediate Payments System , Direct Benefit Transfer , Jan Dhan , Nue Licence , Retail Payments , ஜான் தன் யோஜனா , அச்சு வங்கி ,