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HDFC Bank Launches “My Business QR”

HDFC Bank Launches “My Business QR”: HDFC Bank has introduced “My Business QR”, a first-of-‑its-kind commerce identity QR tailored for small businesses. Unveiled at Global Fintech Fest (GFF) 2025, this innovation aims to help retailers make an easy shift from offline to online commerce while enhancing their discoverability, customer engagement, and payment capabilities.My Business QR […]

Foreign Currency Settlement System

Foreign Currency Settlement System: The Union Finance Minister launched a Foreign Currency Settlement System (FCSS) at the International Financial Services Centre (IFSC) in Gujarat International Finance Tec-City (GIFT City). It is established under a comprehensive legal and regulatory framework of the Payment and Settlement Systems Act, 2007. It is authorised by International Financial Services Centres […]

Blackstone Appoints Apurva Shah to Lead India Credit Division

Blackstone Appoints Apurva Shah to Lead India Credit Division: On October 8, 2025, global investment firm Blackstone announced the launch of its India credit platform, appointing seasoned finance expert Apurva Shah as Managing Director to lead private credit origination operations in the country. This move marks a significant expansion of Blackstone’s global credit business into […]

RBI Launches Retail Sandbox for Digital Currency

RBI Launches Retail Sandbox for Digital Currency: The Reserve Bank of India (RBI) has launched a retail sandbox for its Central Bank Digital Currency (CBDC) on October 8, 2025, marking a significant development in India’s evolving digital financial ecosystem. This initiative opens the door for fintech companies to test and deploy innovative products for the […]

PayPal Onboards India’s UPI as First Payments System Partner

PayPal Onboards India’s UPI as First Payments System Partner: PayPal CEO Alex Chriss announced that India’s Unified Payments Interface (UPI) has become the first payments system partner to be integrated into PayPal World, the company’s newly launched global payments platform. The partnership marks a significant milestone for both PayPal and India’s fintech ecosystem, further enhancing […]

NPCI Launches Biometric and Wearable Glass Authentication for UPI Payments

NPCI Launches Biometric and Wearable Glass Authentication for UPI Payments: The National Payments Corporation of India (NPCI), in collaboration with the Reserve Bank of India (RBI), has unveiled biometric and wearable glass-based authentication for UPI (Unified Payments Interface) transactions. Announced at the Global Fintech Fest 2025 in Mumbai, the new system allows users to authenticate […]

Eli Lilly to Invest $1 Billion in Telangana Pharma Hub

Eli Lilly to Invest $1 Billion in Telangana Pharma Hub: US-based pharma giant Eli Lilly has announced a $1 billion investment in Telangana, strengthening Hyderabad’s role as a global pharma hub. The move reflects rising investor confidence in the state’s ecosystem and is expected to significantly expand global supply chains for key medicines.The announcement came […]