Paytm’s founder, Vijay Shekhar Sharma, announced that the company is shifting its business strategy focus. Speaking at Paytm’s 24th Annual General Meeting (AGM) on Thursday, […]
Tag: financial services
Official Statement from the SEBI Chief: Refuting Malicious Claims and Ensuring Integrity
SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, have released a detailed response to the allegations made by Hindenburg Research on August 10, […]
Multiple Brokerages Report Outages and Errors Amid Market Crash
On Monday, thousands of users experienced issues with online trading platforms such as Charles Schwab, Fidelity Investments, and TD Ameritrade, as reported by Downdetector.com. Additionally, […]
Ransomware Attack Disrupts Over 300 Small Indian Banks; RBI and C-Edge Remain Silent
C-Edge Technologies has been attacked by ransomware, causing service disruptions for over 300 small Indian banks. Neither the RBI nor C-Edge Technologies has issued a […]
RBI Permits Use of Brickwork Ratings for Loans Up to Rs 250 Crore and Tweaks Remittance Norms to IFSCs
The Reserve Bank of India (RBI) has allowed banks to use ratings by Brickwork Ratings India for loans up to Rs 250 crore. In October […]
Market Turbulence: The Dow Jones and Volatility Index $VIX Amidst Inflation Data Expectations
Volatility index, $VIX, experienced a significant surge of 23% this week. This marks the largest weekly jump since September 2023, showcasing heightened market volatility. Additionally, […]
JP Morgan Acquires LayerOne Financial to Enhance Hedge Fund Offerings
JPMorgan Chase & Co. has acquired LayerOne Financial, an investment management platform previously spun out from Fortress Investment Group, to enhance its services for hedge […]
Jio Financial Enters Nifty Next 50: Nuvama Anticipates Inflows Up to $81 Million
Jio Financial Services, the financial arm of Reliance Industries Ltd., is set to join the Nifty Next 50 index in the National Stock Exchange’s semi-annual […]
RBI Directs NPCI to Implement UPI Alternatives for Paytm Payments Bank Users
The Reserve Bank of India has introduced measures to facilitate seamless UPI transactions following restrictions on Paytm Payments Bank. Key Highlights: • Paytm Payments Bank […]