Tagged: nirmal jain

Indian Financial Services Group IIFL Introduces #IIFLDisrupt Initiative to Fund Fintech Firms Struggling Due to COVID-19

June 14, 2020 @ 9:23 pm By Omar Faridi |

Indian financial services group IIFL (India Infoline) recently introduced an initiative that aims to support local Fintech firms that might be experiencing challenges due to COVID-19. IIFL’s initiative, #IIFLDisrupt, aims to assist Indian Fintechs by providing funding, and potentially becoming their first client. IIFL also… Read More

Read more in: Fintech, Asia | Tagged accelerators, coronavirus, covid-19, fintech adoption, incubators, india, nirmal jain, startups

Reserve Bank of India to Allow Local Banks and Fintech Firms to Use Video Calls to Complete Know Your Customer Checks

January 11, 2020 @ 12:04 pm By Omar Faridi |

Indian banking institutions and Fintech firms have reportedly been given the green light to use video calls, in order to carry out know-your-customer (KYC) compliance checks, after a recent ruling by the nation’s central bank. The updated rules and guidelines will allow regulated entities to… Read More