Weekly Insights from The Banking & Finance Post: News, Articles, Interactions & More

SoftBank CEO Masayoshi Son eyes $16 billion loan for AI investments

SoftBank Group CEO Masayoshi Son is reportedly seeking a $16 billion loan to fuel investments in artificial intelligence (AI), according to sources cited by The Information.

Read more: https://tinyurl.com/3b88vjc9

Tuhin Kanta Pandey takes over as SEBI Chief

Tuhin Kanta Pandey has been appointed as the new Chief of the Securities and Exchange Board of India (SEBI).

Read more: https://tinyurl.com/bjnx4pvd

Ujjivan SFB sells stressed loan portfolio worth ?364.51 crore to ARC for ?34.26 crore

Ujjivan Small Finance Bank (SFB) has successfully offloaded its stressed loan portfolio, including written-off loans amounting to ?364.51 crore, to an asset reconstruction company (ARC) for a consideration of ?34.26 crore.

Read more: https://tinyurl.com/yb82redf

NPCI expands with 5,000 people capacity R&D hub in Mumbai

The National Payments Corporation of India (NPCI) is accelerating its expansion efforts with plans to establish a state-of-the-art research and development (R&D) centre in Mumbai.

Read more: https://tinyurl.com/2xubb2fh

UPI hits 16.99 billion transactions in January 2025, sets new record

India’s digital payments ecosystem continues to witness exponential growth, with Unified Payments Interface (UPI) transactions reaching an all-time high in January 2025.

Read more: https://tinyurl.com/ypuvsfyc

WhatsApp set to revolutionise digital payments with UPI Lite integration

WhatsApp is reportedly working on enhancing its payment system by integrating UPI Lite, a feature designed to streamline small, frequent transactions.

Read more: https://tinyurl.com/2yz4h5wx