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India’s newest financial institution is set to be the country’s biggest bank
The post office already has 34 million savings accounts that will now be able to avail digital banking services once they link their accounts to the IPPB.
- Region
- South Asia
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Viewpoint: India’s Cash Ban Failed Even to Create a Bank Savings Culture
What’s going on? Some have argued that lower interest rates are the problem. That’s not an easy sell: Over the past year, India was one of the few countries with strongly positive real rates — and savings in bank deposits were a higher fraction of disposable income back in 2012-14, when Indians were dealing with negative real interest rates.
Perhaps, instead, a change in behavior is responsible.- Categories
- Finance
- Region
- South Asia
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Why Indian startups are set to open new frontiers with emerging tech
Today, India is the third-largest hub for technology startups. Indian startups such as online retailer FlipKart, ride-hailing app Ola and digital payments company Paytm have become global household names, attracting not only interest from financial institutions but also from Fortune 500 companies.
- Categories
- Technology
- Region
- South Asia
- Tags
- startups, venture capital
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Google For India: Big push for regional languages, financial inclusion
Google for India: Google rebrands Tez payment app as Google Pay with deeper integration with online and offline retailers as well as access for instant loans via the Bhim UPI.
- Categories
- Finance, Technology
- Region
- South Asia
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Warren Buffett is Investing in Paytm, his First Indian Company
Berkshire Hathaway is investing in India's top mobile payments firm.
- Categories
- Investing
- Region
- South Asia
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Amazon India’s Fintech Play
The ecommerce behemoth is making strategic investments to build an ecosystem of financial products and services to take on Flipkart and Paytm.
- Categories
- Finance, Technology
- Region
- South Asia
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Hyderabad based Solar Startup Cygni Energy Raises $6.4 Mn in Funding led by Endiya Partners
The funds will help the startup in expanding capacity, strengthening R&D capabilities and increasing market reach.
- Categories
- Energy
- Region
- South Asia
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Viewpoint: Impact of digitisation: The new rural reality
Rural India contributes a substantial part of the total net value added in many sectors, with an overall 46% contribution to Indian national income.
- Categories
- Finance, Technology
- Region
- South Asia
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