ACCOUNT AGGREGATORS

Bank credit growth slows to 5.8 per cent in September quarter: RBI data

The deceleration in bank credit growth was seen across all the population groups – rural (11.2 per cent vs 14.8 per cent), semi-urban (9.4 ...

Bengaluru Tech Summit: India & France can work on account aggregation, says Nilekani

Earlier talking about Aadhaar, Nilekani said 1.25 billion people have Aadhaar cards now.

UK, US, China among top countries responsible for global tax losses: Report

These are the findings of the first study led by The Tax Justice Network (TJN), which is an independent research based international networ...

Monetizing realty assets may help Indian companies retire $341 billion debt: JLL India

An uncertain economic scenario has forced corporate finance heads to reimagine real estate assets as sources of funds to reduce debt. The a...

Google, Facebook, Twitter to come under new I&B ministry regulations

The move coupled with the announcement on October 16 that FDI in digital media would be capped at 26% signals increasing government oversig...

No need to apply for loan interest waiver, relief to be automatically credited into accounts: Finance Ministry

Further, loans against fixed deposits, bonds, shares or other interest-bearing instruments and loans given for investment in financial asse...

Economy saw growth rebound through Q2FY21: Nomura

The Nomura Monthly Activity Indicator, which takes into account high-frequency indicators from across sectors, improved to -8.6% year-on-ye...

FDI cap in digital news meant to check Chinese, other foreign influence, says I&B official

Government officials said the clarification will help in developing “an improved regulatory framework for digital news sites” and address t...

Account Aggregators can change the lending landscape, but there is a hitch

AAs have the potential to revolutionize the digital lending segment and enable the integration of more people and businesses into the forma...

Mumbai, Pune account for 56% of the national unsold housing stock: Report

Due to strain on consumer demand as a result of coronavirus-induced economic uncertainty, inventory overhang has increased significantly fr...

View: Don't wait for an opportune moment, loosen the purse strings now

It is difficult to see merit in waiting till the infection rate subsides. The government will do better if it starts bolstering the economy...

Economic contraction likely to continue in Q2: RBI

The government imposed a nation-wide lockdown on March 25 to combat the pandemic. The lockdown was partially lifted and then re-imposed by ...

Banks' aggregate provisions for COVID-19 rise by 23% in June quarter

Even as banks’ provisioning for bad loans tapered in the June quarter following the moratoriums, those on account of Covid-19 surged as com...

Logistics aggregator Shiprocket to expand team in the next six months

The company plans to hire 60 new candidates on junior and mid-level position. The new hires will be in engineering, product, logistics oper...

Banks are adopting account aggregator framework on data

Account aggregators are responsible for transferring, but not storing, client data. An AA ecosystem, as envisaged by the Reserve Bank of In...

Mahindra group’s Alyte to be cab aggregator for corporates

Alyte, run under Mahindra Logistics; Meru Cabs, in which Mahindra group owns 55%; etaxi service Glyd; and First Choice, M&M’s used car busi...

Tech norms for Account Aggregator ecosystem out

As per experts, the system would work with AAs onboarding customers on to their service platforms somewhat similar to how payment companies...