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Discord between value, valuation expectation in fintech, digitech space: Kamath

Discord between value, valuation expectation in fintech, digitech space: Kamath

by AIP Online Bureau | Apr 21, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

“It is a challenge between the value which has been created in each of these enterprises and then there is a valuation expectation. I think there is a discord between the value and the valuation,” Kamath, who is the chairman of National Bank for Financing...

Indian fintech payment firms have no data advantage over banks: Moody’s

by AIP Online Bureau | Mar 18, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology, Trends, Facts

According to Moody’s Investors Service, the introduction of the Unified Payment Interface (UPI) in 2017, which allows funds to be transferred instantaneously, has been a key catalyst to the development of digital payments due to the ease of use of apps running...
income, investments, insurance and institutional credit to drive financial inclusion:PM Modi

income, investments, insurance and institutional credit to drive financial inclusion:PM Modi

by AIP Online Bureau | Dec 3, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Policy, Technology

Prime Minister Narendra Modi “When income grows, investment becomes possible. Insurance coverage enables greater risk-taking ability and investments. Institutional credit gives wings for expansion. And We have worked on each of these pillars. When all these factors...
Sitharaman announces clearance to 3 key projects worth Rs 500 crore for IFSCA

Sitharaman announces clearance to 3 key projects worth Rs 500 crore for IFSCA

by AIP Online Bureau | Nov 20, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology

Union Finance Minister Nirmala Sitharaman Union Finance Minister Nirmala Sitharaman underlined that the central government’s commitment to make GIFT City a world-class fintech hub as stated in the Union Budget 2021-22 GIFT-IFSC is especially targeted towards...

PM Modi to inaugurate IFSCA’s InFinity Forum on December 3

by AIP Online Bureau | Nov 19, 2021 | Banking & Bancassurance, Indian News, Regulation, Technology

IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centres (IFSCs) in India. New Delhi; Prime Minister Narendra Modi will inaugurate the...
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