Tag: RBI

The RBI has reinforced its commitment to combat Money Laundering and Terrorist Financing by issuing new guidelines for banks, non-banking financial companies and other...

Axio, formerly known as Capital Float, has announced a significant boost in funding, securing $20m from the Amazon Smbhav Venture Fund.

The Reserve Bank of India (RBI) has announced stringent new guidelines aimed at curbing malpractices and protecting investor interests.

Key Global Lending Tech seed investment stats in Q1 2024: • Lending Tech seed deal activity reached 46 funding rounds in Q1 2024, a 49%...

The Reserve Bank of India (RBI) serves as the primary financial regulator in India, steering monetary policies and overseeing the nation's banking framework. In a move to enhance cybersecurity in the financial sector, the RBI has unveiled its Cyber Security Framework, which sets a comprehensive suite of controls and guidelines to mitigate growing security risks effectively.

The Reserve Bank of India has set out plans for the development of AI-powered "conversational" payments on the country's UPI system. 

Kiwi, a cutting-edge credit card platform, has successfully raised $6m in pre-seed funding. The funding round was led by Nexus Venture Partners and Stellaris...

The RBI has issued guidelines for acceptance of green deposits for banks and NBFCs where the funds can be used for green projects.

SESAMm, which develops natural language processing (NLP) technology for global investment firms, has raised $37m for its Series B2 funding round.

Singapore and India have officially launched the linkage between the former’s PayNow solution and the latter’s Unified Payments Interface.