Tag Archives: RBI

There is a likely possibility that NBFCs might soon come under the purview of the Insolvency and Bankruptcy Code (IBC). The move currently being mulled by the Ministry of Corporate Affairs is ostensibly to address the deterioration in financial health of several NBFCs owing to their severe debt exposures. While …

Yet, as digital payments continue to grow, the Accenture report indicates local banks can tap into US$32 billion opportunity in new payments revenue if they adopt innovative business models   As much as 14% of Indian banks’ payments revenue, or $9 billion, is likely to be displaced by the growth of …

According to sources, a blockchain-empowered banking platform is to be built by the Reserve Bank of India (RBI). This platform will be for the use of bank officials only. Reports suggests that this launch will take place in and around 2020 and it will be designed to serve public as …

The Union of India has been directed to come up with a cryptocurrency regulatory policy in the next four weeks by the Supreme Court of India. In fact, the Court has refused to hear any party pertaining to the long-pending cryptocurrency cases in the country.    It has also been …

The name Sachin Bansal is going to set another benchmark for the Entrepreneurs by experimenting his luck over something which is one of his business interests. The co-founder of Flipkart is all set to explore his next entrepreneurship stint in the start-up ecosystem and is reportedly about to explore opening …