PayU india plans a revenue of ₹650 crores in FY18
PayU India has set a target of generating ₹650 crores ($100 million) in revenue this financial year.
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PayU India has set a target of generating ₹650 crores ($100 million) in revenue this financial year.
Amazon Pay is in talks with government agencies to partner for their payment collection. This includes electricity departments and insurance companies.
Aye Finance, Gurugram based non-banking finance company helping MSMEs with financial needs, has raised ₹50 crores from Blue Orchard.
Paytm Payments Bank has appointed two independent directors on board. The five member team now consists of Vijay Shekhar, Renu Satti, Ash Lilani, PV Bhaskar and GS Sundarajan.
Paytm Payments Bank will commence its operations starting May 23rd. The company plans to open 31 branches within the first year.
Credit Investigation Bureau (India) Ltd, CIBIL, is planning to expand footprint in marketplace business to provide loans to its customers.
Reserve Bank of India has clarified that infusing more funds in banks will not solve the problem of piling up debt and added that banks should take initiatives to recover…
Axis bank has reduced interest rate for home loans to 8.35% from 8.65%. HDFC, ICICI and State Bank of India have already reduced their interest rates.
Amazon has invested additional ₹67 crores in its India business to empower the wallet and online payment services.
Paytm has confirmed that all required formalities have been completed and the company will officially launch its payments bank on May 23rd.