Ajinkya Kawale/undefined

Digital NBFCs' share of personal loans grows both in value and volume terms

Digital NBFCs accounted for 77 per cent of personal loan sanction volumes and 19 per cent of sanction value in FY26, even as growth in loan volumes slowed sharply

UPI expands international presence to Cambodia through KHQR linkage

Indian travellers can use UPI apps at over 4.5 million merchant outlets in Cambodia, while Cambodian visitors will gain access to UPI-enabled payments in India in the next phase

South-East Asian markets on UPI radar as NPCI pushes global expansion

NPCI International Payments is exploring bilateral UPI linkages with Indonesia, Thailand and Malaysia to expand the global footprint of India's payments network

Coinbase plans retail launch in India comeback, to deepen crypto exposure

The focus on India as a market comes as the company continues to see high adoption even as regulations around crypto are yet to take shape

NPCI chief Asbe bats for regulatory framework for fintech AI ecosystem

NPCI has called for a regulatory framework for agentic AI in digital payments while expanding AI-driven UPI and voice-payment use cases

Profitable products in AI world possible, says Thomas Jeng of OpenAI

OpenAI says rising AI token costs are not a long-term hurdle for startups, as Indian adoption of Codex and AI workflows accelerates sharply

Maharashtra readying 2,000 GPUs for innovators: CM Devendra Fadnavis

The state plans to provide 2,000 GPUs through a compute-as-a-service facility while targeting Rs 10,000 crore in AI investments and 1.5 lakh jobs

Fintech and payments industry preparing a 'safe harbour' proposal

Payments Council of India has engaged independent consultants to draft framework to be submitted to RBI

RMG execs fear liquidation of personal assets amid steep GST demands

Executives at real money gaming firms fear retrospective GST liabilities and penalties could force liquidation of personal assets amid mounting financial stress

Supreme Court upholds 28% retrospective tax on online gaming firms

Top court also upholds states' right to ban online betting, gambling

Fintechs seek 'safe harbour' provision as regulatory waters turn choppy

The fintech and payments industry is preparing a proposal for RBI seeking safe harbour provisions to protect compliant licensed entities from liabilities and retrospective regulatory action

Slice Small Finance Bank posts first-ever ₹48.4 crore net profit in FY26

The Bengaluru-based lender turned profitable following its merger with North East Small Finance Bank, with total income more than doubling in FY26

MobiKwik gets RBI nod for offline payment aggregator licence expansion

The fintech firm plans to scale its merchant payments business tenfold by FY28 after receiving the RBI's in-principle nod for a Payment Aggregator-Physical licence

Pine Labs' Q4 profit at ₹59.36 cr, revenue rises 17% to ₹700.51 crore

The rise in net profit came at a time when the Gurugram-headquartered company's revenue from operations rose 17 per cent to ₹700.51 crore in Q4 FY26, up from ₹598.64 crore in Q4 FY25

Cashfree Payments plans over $100 million funding round in FY27

Cashfree Payments plans to raise over $100 million in FY27 to expand cross-border payments, AI capabilities and global operations ahead of a potential IPO in the coming years

ICICI Bank seeks at least ₹100 crore recovery from fintech firms

Growing discomfort among banks over eroding interchange income

Fino Payments Bank chief Rishi Gupta steps down, seeks early retirement

Fino Payments Bank MD and CEO Rishi Gupta resigned after seeking voluntary early retirement amid a GST investigation linked to the gaming sector

Scapia raises $63 million in Series C round led by General Catalyst

Bengaluru-based travel fintech startup Scapia will use the fresh capital to scale travel offerings, expand AI capabilities and grow its customer base

Salesforce India employee base crosses 17,000 amid AI expansion push

Salesforce has expanded its India workforce to more than 17,000 employees while scaling AI offerings and strengthening its enterprise customer base

Stablecoins fail core tests of money; CBDC not risky: Reserve Bank of India

The Reserve Bank of India said stablecoins fail key tests of money and warned that such virtual digital assets pose financial stability and jurisdictional risks