RBI FCNR(B) Rule Change: Banks Can Now Offer NRIs Higher Deposit Rates
The RBI removed the interest-rate limit on some FCNR(B) and NRE deposits for NRIs from June 17 to September 30,…
Section
Category: Fintech & Banking
Banking, RBI, UPI, payments and fintech news.
Paytm Insolvency Plea Against Fabzen Admitted by NCLT: What It Means
Paytm asked the NCLT court to recover about ₹3.41 crore in unpaid ad bills from gaming firm Fabzen. The court…
Meta to invest $900 million in CRED at $4.5 billion valuation
Meta’s high-profile, $900 million (approximately ₹8,550 crore) investment in Indian fintech startup CRED marks one of the largest technology and…
RBI Restricts Banks From Mis-selling Insurance and Mutual Funds
The new RBI mis-selling rules bar banks from forced bundling, dark patterns and incentive-driven cross-selling of insurance and mutual funds…
PhonePe to Charge ₹100 Quarterly Fee on Inactive Wallets
PhonePe wallet charges include a ₹100 quarterly fee on wallets inactive for 365 days. See who’s affected, why your bank…
Meta to Invest in CRED at $4B Valuation
Meta is in advanced talks to invest in fintech CRED at a roughly $4 billion valuation, betting on India’s premium…
Zerodha Capital Posts ₹14.7 Crore Profit in FY26
Zerodha Capital, the lending arm of the Zerodha Group, posted a ₹14.7 crore net profit in FY26, up 20.5%, as…
PhonePe & GooglePay market share slips below 80% for 1st time
In a milestone shift for India’s digital payments landscape, the absolute dominance of the PhonePe and Google Pay duopoly has…
Dhan fall 20% to Rs 326 crore in FY26
Dhan’s parent company, Raise Securities, has reported a 20.1% decline in its net profit for the 2026 fiscal year (FY26),…
Zerodha restart referral programme
Following regulatory clearances, India’s top discount brokerage, Zerodha, has officially relaunched its customer referral program. The program was abruptly paused…