Amit Shah Inaugurates NUCFDC for Urban Cooperative Finance
Cooperation Minister Amit Shah on Saturday inaugurated the National Urban Cooperative Finance and Development Corporation (NUCFDC), the apex body of Urban Cooperative Banks (UCBs), in New Delhi. The NUCFDC is expected to enhance the development, modernization and capacity of UCBs in the country. Shah said that the NUCFDC was formed after nearly 20 years of […]
Policybazaar Insurance Brokers Receives IRDAI Broker License
Policybazaar Insurance Brokers, a subsidiary of PB Fintech, has become a composite insurance broker after getting the final approval from IRDAI. This will allow the company to sell reinsurance products and expand its reach in the insurance sector. What is reinsurance and why is it important? Reinsurance is the practice of insurers transferring portions of […]
Kotak Mahindra Bank launches with Smart Choice Gold Loan
Kotak Mahindra Bank, one of the leading private sector banks in India, has announced the launch of Smart Choice Gold Loan, a new product that offers customers the benefits of low interest rate, zero processing fee, same-day disbursal and flexible repayment options against their gold ornaments. The product is aimed at aspirational consumers who want […]
Google removes 10 Apps from Indian Play Store Over Fees
Google has taken down 10 popular Indian apps from its Play Store, including BharatMatrimony, Naukri, Truly Madly and Kuku FM, over a fee dispute that has been going on for more than three years. The US tech giant claims that these apps have violated its payment policies by avoiding fees ranging from 11% to 26% […]
Zakya by Zoho: Revolutionizing POS for Small Retailers
Zakya by Zoho is a modern retail POS solution that helps small and medium retailers in India sell better, manage their entire business, and join the digital revolution. Zakya offers a cloud-based and mobile-native platform that can be implemented in under an hour, supports multiple languages, and enables omnichannel sales through in-store, online, and mobile […]
MYUV Abhiyan : UP’s Blueprint for Youth Entrepreneurship
Uttar Pradesh, the most populous state in India, is on a mission to transform its economy by nurturing entrepreneurship among its youth. The state government has recently launched an ambitious scheme called “Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUV Abhiyan)”, which aims to provide interest-free loans and support to young entrepreneurs who want to start their […]
Flipkart UPI Handle: A Leap in Digital Payments
Flipkart, India’s leading e-commerce platform, has launched its own UPI handle powered by Axis Bank for Android users. The handle, called “@fkaxis”, offers a convenient, secure and rewarding way to make payments, transfer funds and earn Supercoins. What is Flipkart UPI? Flipkart UPI is a payment service that allows users to create their own UPI […]
HDFC Bank Sells 90% Stake in HDFC Credila: RBI Approval
HDFC Bank, one of the leading private sector lenders in India, has recently received approval from the Reserve Bank of India (RBI) to sell a 90% stake in its education loan subsidiary arm, HDFC Credila, to a consortium of private equity firms. The deal is expected to boost HDFC Bank’s income in the fourth quarter […]
Disney, RIL Sign Deal: Viacom18 Merges with Star India
In a landmark agreement, Disney and Reliance Industries Limited (RIL) have announced the signing of binding definitive agreements to form a joint venture (JV) that will combine the businesses of Viacom18 and Star India . The deal, which has been in the works for months, will create a media behemoth across TV broadcasting, streaming, movies […]
Qualcomm Joins C-DOT to Amplify Make in India
Qualcomm Technologies, a subsidiary of Qualcomm Incorporated, and Centre for Development of Telematics (C-DOT), a public funded research institution focused on telecom technology by the Government of India, have announced a strategic partnership that will drive the Make in India vision of the central government. The partnership was announced at the Mobile World Congress 2024 […]