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RBI announces liquidity injection measures amounting to about ₹1.87 lakh cr

AIMPWAMarch 13, 2025

The Reserve Bank of India (RBI) on Wednesday announced liquidity injection measures, including open market operation (OMO) purchase of Government Securities (G-Secs) and US dollar/Indian rupee Buy/Sell swap, aggregating about ₹1.87 lakh crore to alleviate expected liquidity tightness in the banking system in the second half of this month. These measures come after the central...

Create a common pool of bankable green projects: RBI Governor Malhotra to lenders

AIMPWAMarch 13, 2025

Lenders should create a common pool of bankable green/sustainable projects so that the entire ecosystem can benefit, according to Reserve Bank of India (RBI) Governor Sanjay Malhotra. This will help them overcome capacity and expertise constraints, which limit lenders ability to appraise and thus finance climate change mitigation. “One of the oft-cited constraints to adequate...

Millennials lead in insurance grievances, says Insurance Samadhan report

AIMPWAMarch 13, 2025

Millennials are the most active age group in seeking redressal for insurance-related grievances, accounting for 46 per cent of all complaints, according to a report by Insurance Samadhan, an insurance grievance redressal platform. The report, which analysed 9,928 grievances, underscores a growing trend of younger consumers asserting their rights in the insurance sector. The study...

Patanjali, DS Group to acquire Magma General Insurance

AIMPWAMarch 13, 2025

Sanoti Properties LLP, owned by Adar Poonawalla, has approved the sale of its insurance subsidiary, Magma General Insurance Limited (formerly Magma HDI General Insurance Company Limited), to Patanjali Ayurved Limited and DS Group for approximately ₹4,500 crore, subject to regulatory approvals. The transaction is structured as per a Share Purchase Agreement (SPA), with Celica Developers...

RBI Governor meets with fintechs, PSOs

AIMPWAMarch 13, 2025

Reserve Bank of India Governor Sanjay Malhotra today met with non-bank Payment System Operators (PSOs) and fintechs along with their associations and self-regulatory organisations in Mumbai, according to a statement. The interaction was a part of the RBI’s series of engagements with the payments and fintech ecosystem. Earlier, the RBI Governor had met with heads...

Cooling inflation fuels rate cut hopes: RBI may go beyond 25 bps in April, say foreign bank economists

AIMPWAMarch 13, 2025

Foreign banks and brokerages see the latest soft inflation print in India paving the way for further RBI policy rate cuts with some even predicting a larger, non-standard 35 basis point cut in the April 9 MPC meeting. Some foreign banks expect a sub-4 per cent inflation print laying the ground for 50 basis points more...

Infibeam partners with Sutex Cooperative Bank for enhancing net banking facility

AIMPWAMarch 13, 2025

Infibeam Avenues Ltd’s flagship payment gateway brand, CCAvenue, has partnered with The Sutex Co-operative Bank Ltd to help bolster the bank’s net banking facility. The new collaboration will enable Sutex Co-operative Bank Ltd to route secure direct debit digital payments to its merchants, including multi-currency payments, simplifying transactions for both businesses and customers, stated an...

HDFC Bank has launched Project HAKK (Hawai Anubhavi Kalyan Kendra) to provide support and services to Indian Air Force (IAF) pensioners, veterans and their families.

AIMPWAMarch 13, 2025

HDFC Bank has launched Project HAKK (Hawai Anubhavi Kalyan Kendra) to provide support and services to Indian Air Force (IAF) pensioners, veterans and their families. In this regard, the Bank has signed a Memorandum of Understanding (MoU) with the IAF acting through the office of the Assistant Chief of Air Staff – Accounts & Air...

Slowdown in credit card growth continues, disbursement at 4-year low: Report

AIMPWAMarch 13, 2025

The credit card sector in India is witnessing a slowdown, with disbursement growth falling to a four-year low, according to a report by ACMIIL, a stock market firm. The report, which provides insights into the credit card segment for January 2025, highlights a decline in total spending and a drop in the number of credit...

Canara Bank to issue ₹4,000 crore Basel-III compliant Tier-II bonds with AAA rating, bidding on March 17, 2025.

AIMPWAMarch 13, 2025

After raising ₹3,000 crore through tier-I bonds in August 2024, Canara Bank’s Board of Directors has now approved the issuance of ₹4,000 crore in Basel III–compliant tier-II bonds of ₹4,500 crore during FY 2024-25. The bond is rated AAA/Stable by CRISIL and CARE and will have a tenor of 10-years with 5-year call option. The...

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Nvidia’s AI empire: A look at its top startup investments

AIMPWAJune 19, 2025

No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared. During that period, the world’s leading high-performance GPU maker...

Stripe’s former growth lead helps African diaspora invest in startups, real estate

AIMPWAJune 19, 2025

When Joe Kinvi joined Touchtech Payments in 2017 as head of finance, the Irish startup couldn’t afford his full salary. So he negotiated for stock to make up the difference. Eighteen months later, Stripe acquired the company, and that equity converted into Stripe shares, enough to let Kinvi leave his job, bootstrap a side project,...

Here are the 24 US AI startups that have raised $100M or more in 2025

AIMPWAJune 18, 2025

Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare?...

Midjourney launches its first AI video generation model, V1

AIMPWAJune 18, 2025

Midjourney, one of the most popular AI image generation startups, announced on Wednesday the launch of its much-anticipated AI video generation model, V1. V1 is an image-to-video model, in which users can upload an image — or take an image generated by one of Midjourney’s other models — and V1 will produce a set of...

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

AIMPWAJune 18, 2025

There’s a lot of talk in the startup world about how AI makes individuals so productive that it could give rise to a generation of “solo unicorns” — one-person companies worth over $1 billion. While an actual solo unicorn remains a mythical creature, Israeli developer Maor Shlomo provided compelling evidence Wednesday that the concept might...

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Latest Posts

RBI announces liquidity injection measures amounting to about ₹1.87 lakh cr

Create a common pool of bankable green projects: RBI Governor Malhotra to lenders

Millennials lead in insurance grievances, says Insurance Samadhan report

Patanjali, DS Group to acquire Magma General Insurance

RBI Governor meets with fintechs, PSOs

Cooling inflation fuels rate cut hopes: RBI may go beyond 25 bps in April, say foreign bank economists

Infibeam partners with Sutex Cooperative Bank for enhancing net banking facility

HDFC Bank has launched Project HAKK (Hawai Anubhavi Kalyan Kendra) to provide support and services to Indian Air Force (IAF) pensioners, veterans and their families.

Slowdown in credit card growth continues, disbursement at 4-year low: Report

Canara Bank to issue ₹4,000 crore Basel-III compliant Tier-II bonds with AAA rating, bidding on March 17, 2025.

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Nvidia’s AI empire: A look at its top startup investments

Stripe’s former growth lead helps African diaspora invest in startups, real estate

Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

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Nvidia’s AI empire: A look at its top startup investments

Stripe’s former growth lead helps African diaspora invest in startups, real estate

Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

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Nvidia’s AI empire: A look at its top startup investments

Stripe’s former growth lead helps African diaspora invest in startups, real estate

Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash