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On February 27, 2026, Elpro International Ltd. announced the acquisition of equity shares in Mynd Solutions Private Limited for a cash consideration of ₹11.37 crore (US$1.37m). Mynd Solutions is an RBI-licensed fintech entity operating the M1xchange platform, a Trade Receivables...
#invoice discounting
M1xchange, an RBI-licensed Trade Receivables Discounting System (TReDS) platform, has surpassed INR 1,00,000 crore (US$11.04 bn) in annual throughput during…
#invoice finance
Fintech SaaS startup CredFlow has received a non-deposit taking NBFC licence from the Reserve Bank of India (RBI), enabling its…
Reserve Bank of India (RBI) announced this Wednesday, that all entities that undertake factoring business can participate as financiers on…
#C2FO#NBFC
To ensure protection of depositors’ and customers’ interests, the Reserve Bank of India (RBI) has issued guidelines for digital lending…
#digital lending
The Reserve Bank of India (RBI) announced on Thursday that they have proposed to enhance the National Automated Clearing House (NACH)…
#bank#invoice#platforms
The Reserve Bank of India (RBI) has just announced the amendment of the Factoring Regulation Act... (more…)
#factoring act#Factoring Regulation Act
A parliamentary panel has emphasised the need for the Reserve Bank of India (RBI) to ... (more…)
#State Bank of India
The non-banking financial company (NBFC) sector rebounded in the first six months of FY21... (more…)
#NBFC
RBI researchers have found some answers and now appear certain that both demand and supply-side dynamics... (more…)
#Asian Development Bank#bank#global trade
The government has approached the Reserve Bank to relax norms for non-performing assets (NPA) or bad loans... (more…)
#bank#financial services#small business
To prevent any possible regulatory gap/arbitrage arising out of differential regulations in identification of bad loans, exposure norms, and risk…
#bank#credit risk#international
The Reserve Bank Of India (RBI) has set up an exchange for online discounting of trade receivables, through a ‘TReDS’…
#bank#cash-flow#management