RXIL interim dividend declared highlights India’s first TReDS platform success, supporting MSME financing and digital receivables. Key insights for banking and UPSC exams. 📊 RXIL Makes History as India’s First TReDS Platform to Announce Interim Dividend Receivables Exchange of India Ltd (RXIL), a pioneering Trade Receivables Discounting System (TReDS) platform in India, has created a…
ZET UPI enables RuPay credit card payments after NPCI approval, expanding digital credit transactions, cashback rewards, and financial inclusion across India. ZET Secures NPCI Approval to Enable UPI Payments via RuPay Credit Cards In a significant fintech development, Indian digital finance company ZET has received regulatory approval from the National Payments Corporation of India (NPCI)…
Bajaj Finance & Bharti Airtel Unveil Digital Finance Platform Introduction: A New Era in Digital Finance Bajaj Finance and Bharti Airtel have joined forces to launch a groundbreaking digital finance platform, aimed at revolutionizing the financial services industry. The collaboration between these two industry giants seeks to make digital financial solutions accessible to millions of…
Odisha-Singapore MoU: Launch of Fintech Hub in Bhubaneswar Introduction On January 17, 2025, the Odisha government signed a Memorandum of Understanding (MoU) with Singapore to establish a Fintech Hub in Bhubaneswar. This collaboration aims to foster the development of financial technology (fintech) innovation, providing a major boost to the state’s digital economy. The MoU comes…
Airtel Payments Bank Unveils a New Way to Pay with Smart Watch Airtel Payments Bank, in its latest move towards enhancing digital payment solutions, has introduced a novel method for transactions through smartwatches. This innovative initiative aims to revolutionize the way people conduct financial transactions, offering convenience and efficiency to users across various sectors. With…
SBI Announces Interoperability of CBDC and UPI for Seamless Transactions In a significant move towards enhancing digital financial transactions in India, the State Bank of India (SBI) has recently made a groundbreaking announcement regarding the interoperability of Central Bank Digital Currency (CBDC) and Unified Payments Interface (UPI). This development promises to revolutionize the way financial…
