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FinTech vs TechFin – Understanding the Difference in India
As modern finance continues to be influenced by advancements in technology, two terms have emerged to delineate the evolving intersection of technology and financial services: “FinTech” and “TechFin”. While these terms may sound similar, they represent distinct paradigms that are…
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Resident Individuals to open Foreign Currency bank Accounts (FCA) with IBUs in IFSCs
IFSCA vide circular dated 11 July 2024, allowed Resident Individuals to open Foreign Currency bank Accounts (FCA) with IBUs in IFSCs for all permitted capital and current account transactions. Further to the same, owing to operational challenges IBUs were unable…
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