Fixed Deposits: How India’s Traditional Savings Product is Getting a Modern Makeover

Fixed Deposits: How India’s Traditional Savings Product is Getting a Modern Makeover

For generations, fixed deposits (FDs) have been India’s preferred financial security blanket, offering stability in an ever-evolving financial landscape. In 2023, Indians had over ₹103 trillion locked in FDs – a massive vote of confidence in an investment option that has stood the test of time. While FDs have weathered India’s socio-economic shifts for over … Read more

MobiKwik, Cred join hands with RBI to fully launch CBDC (e₹) for Android; check features, usage

MobiKwik, Cred join hands with RBI to fully launch CBDC (e₹) for Android; check features, usage

One Mobikwik Systems Ltd. and Cred have recently initiated their individual e-rupee pilot programs in partnership with the Reserve Bank of India (RBI). This collaboration marks their distinction as the pioneering fintech platforms to join hands with the RBI for the implementation of the central bank digital currency (CBDC). Yes Bank has been selected as … Read more

Digital Fraud in Fintech Platforms and its Growth During the Festive Season

Digital Fraud in Fintech Platforms and its Growth During the Festive Season

As India gears up for its vibrant festive season, starting with Onam in mid-September and continuing through Diwali, there’s an air of excitement and anticipation. This period traditionally marks a time of celebration and increased consumer spending across various sectors. The Indian festive season has long been synonymous with shopping and gifting. From automobiles to … Read more