Dhan fall 20% to Rs 326 crore in FY26
Dhan’s parent company, Raise Securities, has reported a 20.1% decline in its net profit for the 2026 fiscal year (FY26),…
Section
Category: Fintech & Banking
Banking, RBI, UPI, payments and fintech news.
Zerodha restart referral programme
Following regulatory clearances, India’s top discount brokerage, Zerodha, has officially relaunched its customer referral program. The program was abruptly paused…
Axis Life Insurance posts 99.8% death claim payout
Following its official rebranding and structural consolidation under Axis Bank, Axis Max Life Insurance Limited (formerly known as Max Life…
India, Nepal launch UPI-based cross-border remittance system
In a major milestone for regional financial integration and digital neighborhood cooperation, India and Nepal have officially operationalized a peer-to-peer…
30% Zerodha accounts now belong to women investors
In a major structural milestone that highlights the changing demographics of India’s wealth management landscape, women now own 30% of…
CRED launch new app ‘Cash by CRED’
In a major structural departure from its exclusive, members-only ecosystem, fintech pioneer CRED has officially launched a standalone consumer lending…
Debt mutual funds suffer ₹97,000 crore outflow in May
Data released by the Association of Mutual Funds in India (AMFI) reveals that debt-oriented mutual fund schemes suffered a massive…
PhonePe, CRED allow rent payment using credit cards
In a significant move that could restore a favorite cash-flow optimization hack for urban tenants, fintech giants PhonePe and CRED…
Paytm planning to hire 4,000 employees
Signaling a definitive transition from cost-cutting back to growth, Indian fintech pioneer Paytm has announced plans to recruit approximately 4,000…
RBI to ease overseas investor rules for listed companies
In a massive regulatory shift aimed at insulating the local currency and reversing persistent portfolio outflows, the Reserve Bank of…