Question
Fintech firm Cygnet has received in-principal approval
from RBI to operate as _______.Solution
Fintech firm Cygnet has received in-principle approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC) account aggregator. The account aggregator license will allow them to participate in the transformational changes that are taking place in the financial sector. Small and medium-sized businesses will get better credit facilities whilst banks and other financial institutions will get an opportunity to widen their lending portfolio.
Indiaâs batsman Ishan Kishan scored the fastest ODI 200 against Bangladesh in how many balls?
What is a significant aspect of Indiaâs funding commitment to development projects in Sri Lanka's Eastern Province?
In which district of Karnataka is the Bibi Fatima Womenâs SHG located?
Whose administration became a model that was followed by Akbar when he consolidated the Mughal Empire?
What is the main purpose of Madhya Pradeshâs âRahveerâ Scheme launched in 2025?
âNalanada - Until we meet againâ, a book written by which of the following authors?
What is the primary objective of the 'SafaiMitra Suraksha Shivirs' organized under the 'Swachhata Pakhwada - Swachhata Hi Sewa 2023' initiative?
Which of the following Airports has been named as the World’s Best Airport Recently?
Which of the following Union Territories or States emerged as top performers in the 2025 PARAKH RS survey?
Where will the Ballon dâOr 2025 ceremony be held?
