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Fintech

Gupshup.io enables UPI payments on feature phones; Accelerates financial inclusion for 320 mn feature phones users

Karbon Card, a B2B payment solution provider, has launched the country’s first mobile-based expense management card.

Manappuram Finance launches digital money lending app

UPI to account for 90% of retail digital payments by 2026-27: PwC India report

Google Pay launches RuPay credit cards support on UPI in India

Paytm launches UPI SDK to enable customers pay directly within the merchant app
BFSI

Gold loan NBFC Indel Money looks to strengthen presence in western, central India

Priority Sector Lending target deadline for Urban Cooperative Banks extended

Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: Shaktikanta Das

NCUI signs MoU with HCL Foundation for branding support to co-ops

RBI’s gold reserve up over 40% in five years

EPFO may hire separate consultants for equity and debt portfolios
Education

30 regional rural banks get education loan cover

IIM-Sambalpur to launch Delhi campus on Saturday, offer courses for working professionals, entrepreneurs

Edtech company LawSikho’s revenue doubles in Fy23, adds new vertical

Indian Institute of Management Sirmaur (IIMS) collaborates with top French universities to launch two Executive MBA programs for professionals

Education and the future of generative AI

IITs focus more on mental health as suicides rise
Enterprise

Gold loan NBFC Indel Money looks to strengthen presence in western, central India

Priority Sector Lending target deadline for Urban Cooperative Banks extended

Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: Shaktikanta Das

RBI’s gold reserve up over 40% in five years

Rural India throws NBFCs a lifeline in season of lost momentum

Yes Bank aims to expand margins by 100 bps in next 3 years – MD
Technology

Edtech company LawSikho’s revenue doubles in Fy23, adds new vertical

India’s e-rupee unpopular as central banks push digital currency

Snapchat to gain a ChatGPT-powered AI chatbot soon

Elon Musk recruits team to develop OpenAI’s ChatGPT rival

ChatGPT as lawyer helps design agency recover $109,500 from client who ghosted

Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0
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Outstanding microfinance loan portfolio to rise 20.3 pc in FY23 in India: MFIN

Enterprise

Outstanding microfinance loan portfolio to rise 20.3 pc in FY23 in India: MFIN

by Prashant Dwivedi

January 4, 2023

Outstanding loan portfolio of the micro-finance institution (MFI) sector across India will increase around 20.3 per cent at Rs 3.25 ...

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