UPI MDR Activation: Assessing the ₹20,000 Crore Revenue Shift
New brokerage estimates suggest a potential ₹20,000 crore annual fee pool as UPI MDR on large-value transactions alters digital payment unit economics for Indian lenders.
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RBI Evaluates Systemic Risks in NBFC Revolving Credit Facilities
The RBI is conducting a dual-level risk assessment on revolving credit, signaling potential regulatory tightening for NBFC unsecured lending and liquidity frameworks.
Read articleAxis Bank Deploys AMS 2.0 to Centralise Multi-Vertical Operations
Axis Bank has transitioned to AMS 2.0 with Cognizant to streamline application management across banking, payments, and data platforms for enhanced operational scalability.
Read articleSachet-Led Distribution Models Targeting Bharat's Informal Sector
New investment platforms are targeting gig workers and street vendors with low-ticket 'Choti SIPs' and sachet insurance, signaling a shift in BFSI distribution strategies.
Read articleIOB and novio Launch FD-Backed RuPay Card for Credit Inclusion
Indian Overseas Bank and novio launch a co-branded RuPay credit card focused on FD-backed onboarding for new-to-credit segments.
Read articleUnity SFB Leadership Transition: Camotra Tenure Extended by 6 Months
Unity Small Finance Bank extends MD & CEO Inderjit Camotra’s tenure by six months as RBI approval for a successor is expected within weeks, ensuring institutional stability.
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