Banking & Finance

Prime Minister Narendra Modi’s latest diplomatic trip to Abu Dhabi has secured massive capital inflows, signaling a strategic shift where Gulf nations are moving beyond infrastructure to take controlling bets on Indian private credit.

A recent investigation reveals that prominent India-born investment banker Vis Raghavan secured a top position at Citigroup just 48 hours after being effectively dismissed by JPMorgan Chase, bypassing traditional executive search protocols to control his public exit.

The acquisition bolsters Pine Labs’ omni-channel strategy by integrating Shopflo's high-conversion checkout optimization tools into its core payment infrastructure.

After years of regulatory scrutiny and operational curbs, the central bank has officially withdrawn Paytm Payments Bank's licence, citing severe governance lapses and non-compliance.

The newly infused capital will power the wealth-tech platform's push into discretionary portfolio management, challenging the traditional high-fee structure of India's asset management space.

The Bengaluru-based digital lender secures its unicorn status on the back of ₹2,700 crore in revenue, expanding into secured assets and prepping for a public market debut following its recent reverse-flip to India.

The wealthtech startup plans to use the fresh capital to scale its user base to 30 million and introduce AI-driven advisory and credit solutions tailored for merchants with fluctuating cash flows.

A sudden exit by the chairman over unspecified internal practices, followed by a total portfolio liquidation by a major global brokerage, raises urgent questions about HDFC Bank's risk management and post-merger realities.

By launching an embedded 15-day credit cycle and one-tap checkout, Zepto is shifting the industry battleground from logistical speed to financial stickiness and user retention.

Following final NCLT approvals, the integration of the former Navi Group asset creates a 25,000-employee powerhouse serving 5 million rural and underbanked customers.

Sumit Gupta and Neeraj Khandelwal face police custody over an FIR alleging franchise fraud, highlighting a severe escalation in how impersonation scams are impacting India's digital finance leaders.

The Mumbai-based wealth and asset management firm joins the coveted unicorn club as demand for bespoke financial solutions among India's ultra-rich continues to surge.