Fintech firm Cred has received the Reserve Bank of India's in-principle approval to be a payment aggregator (PA), according to a source close to the development. Being a PA helps companies to manage and move customers' money to merchants. This is not a final approval or license, which will be granted in around six to twelve months.
Open FlipHere's a deep dive and exclusive details of JNK India Ltd’s IPO. JNK India Ltd is launching its initial public offering (IPO) for equity shares valued at Rs 2 each. The IPO price range is set between Rs 395 and Rs 415 per equity share, resulting in a total issue size of Rs 649.47 crore at the upper price band. The IPO is scheduled to commence on April 23, 2024, & will conclude on April 25, 2024.
Open FlipCrypto and web 3 industry body Bharat Web3 Association (BWA) on April 19 introduced guidelines for listing of tokens on member Virtual Digital Asset (VDA) platforms. These guidelines highlight areas such as announcement dates, comprehensive project disclosures, safeguards against market abuses, technical evaluations, and thorough staging and testing before public offerings.
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