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UCO Bank Partners with Fisdom to offer Wealth Management solutions

This strategic partnership aims at augmenting the Bank’s customer value proposition by making high-quality wealth management services accessible, affordable, and truly digital

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Consumer Neobank, FREO partners with Equitas Small Finance Bank

After the founders have previously launched MoneyTap and have championed the lending and credit business with a disbursal of more than 4400 crores, this launch is a logical step towards the Freo brand fulfilling its promise to bring the whole suite of financial products to the customer to help in every step of their financial journey throughout life

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Payments Bank Of Paytm Hits 970 Million Digital Transactions

78% of Paytm’s 325 million account holders use their service daily. Their Wallet services are seeing a growth of 15% transactions month-on-month.

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Nomura Launches Global Accelerator & Co-Creation Platform, Voyager To Seek Fintech Ideas

Nomura has partnered with Google, IBM, Amazon Internet Services and PwC for the programme.

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Loan Frame: Solving the Financing Problem for Indian SMEs

Borrowers can apply for a loan by logging onto Loan Frame’s website or by downloading its Android app. The company does detailed assessment of the needs of the SMEs and then provides the right solutions for the SMEs, at the most competitive interest rates

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Paytm Gets the Final Nod from RBI to Go Ahead with its Payments Bank

As per RBI guidelines, payment banks can hold a up to Rs 100,000 per individual customer. However, payments banks are not allowed to issue credit cards or issue loans to users.

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CAN BANKS GIVE A LEG-UP FOR START-UPS?

It’s a sign of the times we live in. In his `Mann Ki Baat’ address to the nation over All India Radio last Sunday, Prime Minister Narendra Modi told us about the `Start-up India, Stand-up’ project his government plans to roll-out on January 16. It’s very well for some to dismiss this as another “slogan”, but in its scale of ambition, the project is unlike any other seen so far. The key building blocks that incubate new ideas are to be linked up – the Indian Institutes of Management, Indian Institutes of Technology, National Institutes of Technology and central universities.

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