Financial technology

RBI’s Launch of Utkarsh 2.0

January 2, 2023

The Reserve Bank of India (RBI) has launched Utkarsh 2.0, the second phase of its medium-term strategy for strengthening regulatory and supervisory mechanisms. Utkarsh 2.0 builds upon the foundation laid by Utkarsh 2022, which was launched in July 2019 and ..

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Fincluvation: IPPB’s New Fin-tech Initiative

April 22, 2022

On 21st April 2022, India Post Payments Bank (IPPB) launched a joint initiative named Fincluvation with the aim of collaborating with the financial technology (fintech) start-up community so as to innovate and co-create solutions for financial inclusion. Overview: The mentors ..

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BharatPe wins DigiDhan Mission Fintech Award 2018-2019

October 28, 2019

BharatPe, India’s largest merchant fintech company, has won the DigiDhan Mission Fintech Award 2018-2019 for ‘Innovation in Digital Payments through Emerging Technology’ at the MeitY Startup Summit 2019 held in Delhi. The award was presented by Chief Guest, Shri Ravi ..

Steering Committee on Fintech-related issues suggests new laws for consumer protection

September 4, 2019

The Steering Committee on fintech-related issues has recommended a new legal framework for consumer protection and has also suggested new cash flow-based financing options for micro, small and medium enterprises. What has happened? A new panel established to explore issues ..

Subhash Chandra Garg heads Cryptocurrency panel that proposes ban on private digital currencies

July 24, 2019

The Inter-Ministerial Committee (IMC) set up to look into the legality of cryptocurrencies and blockchain has recently submitted its report to the Finance Ministry and recommended that private cryptocurrencies be banned completely in India. It has also drafted a law, ..

BuyUcoin has launched 1st Indian Platform for Wholesale Cryptocurrency Trading

April 25, 2019

2nd oldest Cryptocurrency Exchange company in India, BuyUcoin has launched a new and unique platform for wholesale cryptocurrency trading. This wholesale platform works on ‘free trading model’ which means it charges zero free on any trade. The platform also known ..