Friday, April 12, 2024
Outlook India
Outlook Business

Hdfc Bank

HDFC Bank's country head for payments Parag Rao, while replying to a question on Paytm, indicated that talks in going on to help the distressed fintech.

Paytm has been in talks with Jio Financial Limited since November of last year, while discussions with the banking giant HDFC started ahead of the RBI's action on the fintech.

HDFC Capital Advisors looking to raise $1 billion dollar with an option to expand it by an additional $1 dollar

HDFC Bank and StartupTN will collaborate to foster innovation and entrepreneurship-driven employment and economic growth

The success rate of transactions via Paytm UPI LITE is said to be improved further as it is designed to reduce the load on bank systems for small-value payments

The funds raised will be used for tech enhancement and business growth across different parts of the country and for building partnerships

The company will leverage its recent Series B funding of $60million to foray into Indonesia, Philippines and Vietnam

The first edition of Minds Konnect brought together industry experts to discuss the way forward for UPI transactions in India and globally