Zerodha, India’s leading online stock broker, has once again made headlines with its stellar financial performance in FY24, ending March 31, 2024. The Bengaluru-based firm reported an impressive 21% YoY increase in its operating revenue, reaching an all-time high...
Reliance Industries Limited (RIL) has consistently been making significant strides to strengthen its foothold in India's burgeoning financial services sector. A recent development is the transformation of its financial arm, Jio Financial Services, from a Non-Banking Financial Company (NBFC)...
India's fintech sector is witnessing a surge of new companies aiming to capitalize on the industry's rapid growth and gain a sizable market share. Among these, e-commerce giant Flipkart is re-entering the fintech arena with the launch of its...
India's fintech sector continues to witness significant growth in digital lending. This surge is driven by technological advancements and increased financial inclusion, making credit more accessible to a wider segment of the population. The latest report by the Fintech...
Paytm's troubles seem far from ending following the RBI's ban on its Paytm Paytments Bank earlier this year. The shutdown of its wallet business has compelled the fintech giant to implement restructuring and cost-cutting measures, resulting in sudden mass...
Adani is in talks to acquire Paytm!
Adani Group is reportedly eyeing a stake in Paytm's parent company, One97 Communications Limited (OCL). Sources familiar with the matter revealed that Paytm CEO Vijay Shekhar Sharma recently visited Adani's office in Ahmedabad...
Paytm, India's fintech giant facing financial headwinds, has announced a strategic shift in its insurance business. In a bid to streamline operations and conserve capital, Paytm General Insurance Ltd (PGIL) has withdrawn its application for a general insurance license...
Paytm has unveiled its financial results for fiscal year 2024, showcasing a year marked by a mix of growth and challenges. Despite a challenging fourth quarter, the company's performance in the first three quarters helped it close the year...
PhonePe has over 4x of Paytm’s UPI market share! One of every two UPI transactions is taking place via PhonePe … and this could be concerning for NPCI.
The National Payments Corporation of India (NPCI) faces an acute challenge in...
The repercussions of the Reserve Bank of India's (RBI) ban on Paytm Payments Bank are becoming increasingly evident, with a significant hit to Paytm's UPI market share. Recent insights obtained by Moneycontrol from banking sources reveal that Paytm's UPI...
