Facts from the Fintech world

News, statement and articles from Fintech Industry

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RBI cut rate for positive, but may have little for SMEs

Reserve Bank of India move to cut the short-term lending rate by 25 bps to 6.25% from 6.50% as positive, experts argue that it may have less on no impact …

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McKinsey says digital finance adoption could add trillions to high growth economies

Widespread use of digital finance can boost Indian GDP by 11.2% and add up to $2.1 Trillion to the overall Loan availability.

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India Stack – A change agent for government, startups and corporates to serve citizens

Under the open API policy, IndiaStack is a complete set of API, which enables development of payment-enabled Apps

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How startups are leading innovation in Fintech 3.0

Financial technology, or fintech, is often seen today as a new phenomenon. However, the interlinkage of finance and technology has evolved over three distinct eras.

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MSME Sector: Framework for easing credit flow on the anvil

In order to ease flow of credit to MSME sector, RBI Deputy Governor S S Mundra today said the apex bank would soon put in place a framework for accreditation …