Tag: RBL Bank Ltd.

Mswipe in talks to raise up to $40 mn

Mumbai: Mobile payments services provider Mswipe Technologies Pvt. Ltd has initiated talks to raise as much as $40 million (around Rs250 crore) in a new round of funding, two people aware of the development said. The firm which provides merchants with mobile point of sale (PoS) terminals to enabl…

Utkarsh to start small bank in January

Utkarsh, a Varanasi-based micro-finance institution which had received an in-principle licence from Reserve Bank of India (RBI) last year to start a small finance bank, is planning to start operations in the second week of 2017, Govind Singh, Managing Director and Chief Executive Officer of the m…