The fintech unicorn, Razorpay has announced the acquisition of Ezyliant Technologies, a renowned fintech business providing payment technology solutions to banks.
The Reserve Bank of India has cancelled the license of Sarjerodada Naik Shirala Sahakari Bank Sangli, Maharashtra due to a lack of sufficient capital and earning potential.
The Government of India has approved a USD 1 billion line of credit (LoC) for Sri Lanka, to help the Island nation for importing food, essential items and medicine.