“As the industry continues to evolve, collaboration between regulators, fintech companies, and traditional financial institutions will be crucial to ensure a balanced and sustainable ecosystem that benefits all stakeholders. The financial services industry is undergoing a major transformation, making their services more accessible, convenient, and affordable.”
Houston, we have a problem! 
“The decision to grant licences to fintech companies will be contingent on their ability to meet the specified regulatory requirements, the deputy governor pointed out.”
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@alexnazy Last week, we were discussing the same topic. RBI is attempting to kill two birds with one stone: 1) revival of sick sfb’s 2) Including fintech in the compliance and reporting gamut
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@kingzeusvj yes I remember that. 
It’s good to see that RBI is being proactive and not reactive to bank failures.
Jio Financial Services Ltd.'s profit rose 101.3% in the quarter ended September. The company’s net profit rose to Rs 668.18 crore as of Sept. 30 as against Rs 331.92 crore in the previous quarter, according to an exchange filing on Monday. The growth was largely supported by Rs 216.85 crore worth dividend income. Additionally, Rs 154 crore worth dividend income came through associates.
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About time! Soon, you will be able to transfer up to Rs 5 lakh from one bank account to another without adding a beneficiary.
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That’s great news. Not that most of us do it on a daily basis. But when the time comes like when you are buying a house or repaying a loan, this is very useful to gather money from various sources with quick TAT during time sensitive situations.
Can we use jupiter on chrome too all account info and other things ?
For that you have login into fednet website
Jupiter doesn’t have a native web site for online banking. Jupiter’s banking partner Federal Bank has a online banking portal through which you can get access to Jupiter account (which is basically a Federal Bank savings account).
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Gpay getting ready to ease access to credit -
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This is big news… Google is starting to monetise Google Pay in India.
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Need of the hour. Especially sachet loans.
I got this message from PayTM Payments Bank, and I’m still wondering why they need to temporarily disable international transactions on my debit card for the purpose of improvement 
.
Probably RBI told them 
Paytm Payments Bank halts int’l transactions on debit cards
https://entrackr.com/2023/10/paytm-payments-bank-halts-intl-transactions-on-debit-cards/
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Yes, I am well aware of that.
I was mentioning the particular phrase “We are improving for better…”
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What is curious for me is that I haven’t got the Paytm Payments Bank email.
I am guessing maybe email batching is to blame.