BharatPe gets RBI nod to operate as payment aggregator
The fintech unicorn will launch online payment aggregator business upon the receipt of the final authorisation.
rajnish kumar
January 2023
April 2022
March 2020
January 2020
August 2019
June 2018
May 2018
BharatPe CEO Suhail Sameer quits
CFO Nalin Negi has been appointed as interim CEO.
'Ab Nani yaad aayegi': Ashneer Grover to BharatPe chairman Rajnish Kumar
BharatPe refutes Grover's claims, says it registered the strongest quarter in its history.
India Inc. lauds govt’s Covid-19 relief package
The relief measures announced by the government blends pragmatism by putting money in the hands of people and compassion by giving them free food grains, say captains of industry.
India Inc. chips in to fight coronavirus pandemic
Monetary contributions, setting up hospitals, reducing prices of handwash, and committing not to cut wages are some of the ways in which corporate India is rising to the challenge.
‘No need to worry about YES Bank deposits’
Prashant Kumar, the bank’s administrator, echoed the words of RBI governor Shaktikanta Das that there was no cause for worry about deposits as the moratorium on withdrawals is set to end on March 18.
SBI’s profit jumps 41% in Q3
The country’s largest public sector lender reported its highest-ever quarterly profit of ₹5,583 crore in the December quarter, led by an overall improvement in asset quality.
RBI cuts repo rate to arrest slowdown
The 35 basis point repo rate cut is not the first unconventional rate action from the central bank as two repo rate actions in March 2003 saw a 40 and 10 basis points reduction in a matter of 13 days.
Govt mulls new mechanism to resolve bad loans
Interim Finance Minister Piyush Goyal announces a committee has been formed to explore setting up an Asset Reconstruction Company to take over troubled loans of public sector banks.
SBI’s stock gains over 6% despite Q4 loss
A day after SBI reported its highest ever quarterly loss of Rs 7,718 crore, the stock gained over 6% in early trade driven by positive brokerage reports.
