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 ..
Category: Economy & Banking Current Affairs - 2024
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 ..
Category: India Nation & States Current Affairs
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 ..
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 ..
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, ..
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 ..