Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private. IMAGE: Bombay House in Mumbai, the headquarters of the Tata Group. Photograph: Hitesh......
'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.' Illustration: Dominic Xavier/Rediff With technological and financial......
'Our focus would be to onboard top 100 merchants in top 10 different segments.' Photograph: Kind courtesy BharatPe BharatPe is ramping up its payments play, leveraging its payment aggregator......
Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. Photograph: Abhishek N Chinnappa/Reuters The nod came in......
Payouts to key management personnel in non-banking financial companies (NBFCs) are under the banking regulator’s scrutiny. Top industry officials said this is a follow-through on the Reserve......