Cashaa Introduces a New Era in Digital Asset Banking: Unveils Deobanking Whitepaper

Cashaa defines a new self-sovereign financial ecosystem built on user ownership and autonomy
The whitepaper presents Cashaa's next-generation Deobanking infrastructure designed to replace custodial banking with an autonomous user-controlled model

New Delhi, 19^th November 2025: Fintech pioneer Cashaa has released its whitepaper on the Deobanking solution, presenting a structured approach to decentralized finance built on regulatory compliance, user control, and transparency. The paper outlines the company's evolution from business banking services to a model centered entirely on self-sovereign finance enabled through Cashaa's Deobanking self-sovereign wallet infrastructure.

"Cashaa is continuing towards its original mission to build a decentralised self-sovereign financial system where no company, no bank, no government and no custodian can decide whether you can access your own money. This next era is called Deobanking (Decentralised Autonomous Banking) and Cashaa is leading it," said Amjad Raza Khan, Founder and CEO of Cashaa.

The Deobanking model introduced in the whitepaper details a non-custodial wallet system that allows users to manage both crypto and fiat currencies while retaining full ownership of their private keys. It offers a secure and inclusive structure that blends the discipline of regulated banking with the independence of decentralized finance, borderless remittances to over 130 countries and Visa-powered crypto cards for spending at 100+ million merchants worldwide.

"Today BlackRock, Fidelity, global banks and sovereign governments are all in crypto. Crypto companies can finally get banking directly from institutions which gives us a sense of closure. Now we need to empower end users therefore with Deobanking we are putting ownership back in the hands of individuals. This whitepaper shows how decentralized finance can be transparent secure and rewarding for every user. We must remember that the only financial system that cannot collapse is one where users hold their own keys." added Amjad Raza Khan.

Cashaa already provides its flagship Earn program which delivers up to 26 percent annualised returns on stablecoins and up to 18 percent on crypto for top-tier participants, while the Borrow program offers instant collateral-backed loans with LTV ratios up to 90 percent, giving users flexibility and control during the transition toward a fully autonomous model. These benefits are structured through a loyalty system where users' CAS token holdings determine their tier, enabling access to higher Earn yields, preferential Borrow rates, and additional fee waivers.

In the new Deobanking ecosystem CAS token will witness an increase in its utility through tiered cashbacks, spending limits on crypto card spends, fee discounts on global remittance and much more.

The whitepaper also outlines the issues with traditional banking and centralized crypto exchanges, how Cashaa intends to address these issues through its Deobanking infrastructure, along with plans to broaden asset support, enhance CAS token utility, apart from introducing decentralized finance tools like self-sovereign wallets, Visa-powered crypto cards and borderless remittances. Through this publication, Cashaa contributes to the broader dialogue on how regulated frameworks can coexist with decentralized financial systems, aiming to set a benchmark for secure and transparent participation in the digital economy.

Download the full whitepaper at
https://cashaa.com/wp-content/uploads/2025/06/Cashaa-Whitepaper.pdf

 

Cashaa was founded in 2016 with a simple yet powerful belief that people should truly own their money. It began by using Bitcoin to make cross-border transfers instant and accessible across emerging markets in Asia and Africa, and quickly grew into a platform reimagining how individuals interact with global finance. Cashaa has supported over 500 companies, including some of the biggest platforms in the world like Binance, Paxful, Nexo and others across Asia, Africa, Europe, and LATAM providing them access to banking rails when no bank would even allow them into the lobby. Today, Cashaa with its Deobank model, is building a secure non-custodial wallet infrastructure that lets users control their private keys, manage both crypto and fiat seamlessly, and transact across more than 130 countries, merging the discipline of regulated banking with the independence of decentralized finance. To know more, visit: https://cashaa.com/

BPE Strengthens Leadership with Pallavi Mishra as Chief People Officer

New Delhi, November 19, 2025: BPE (Best Power Equipments), a trusted leader in power solutions for over 25 years, has officially announced the appointment of Ms. Pallavi Mishra as Chief People Officer (CPO). This strategic onboarding underscores BPE& commitment to building a world-class enterprise by attracting top talent in HR, as it expands and fosters a people-first culture during a period of rapid growth.

Ms. Mishra has a distinguished 22-year career dedicated to transforming human resources in global companies. She is competent in all phases of HR, particularly with client transitions, internal and external audits, vendor management, and managing complex legal and POSH matters. A significant milestone in her career involved the HR operations & transition from a manual to a fully automated and streamlined process.

She has dealt with all the HR functions across well-known global brands such as Hewlett-Packard, Oracle, NTT DATA, Thoughtworks, and CBRE. Ms Mishra brings all these past skills and experiences with her to provide strategic and operational value for even greater organisational excellence for BPE.

Amitansu Satpathy, Founder and Group Managing Director, BPE, noted, "Ms. Mishra & demonstrated ability to navigate HR transformation, paired with her extensive experience leading organisations around the world, aligns well with BPE & vision for an engaged, agile, future-focused workforce. Her leadership will be absolutely critical to developing talent, enhancing operational effectiveness, and delivering against our aggressive growth plans." 

Upon her appointment, Ms. Mishra stated, "This is a thrilling time to be joining BPE in its evolution. The company & focus on innovation, quality, and customer success is palpable. I am excited to bring my experience in developing high-performing teams and simplified HR structures to BPE. Together with BPE & talented professionals, we will strive - create a culture of excellence that fuels long-term success"

As Ms. Pallavi Mishra joins the team, BPE continues to accelerate its mission to enable mission-critical applications, with an emphasis on people being the focal point of its global growth strategy. The company is committed to providing innovative, reliable power solutions and maintaining long-term partnerships around the world.

About Best Power Equipment's (BPE):
Best Power Equipments (BPE) is a pioneering Indian MNC providing end-to-end strategic power solutions for the past two and a half decades. Founded by Mr. Amitansu Satpathy in 2000, at a time when power was one of the biggest issues grappling India, the company has over the years expanded its footprint to at least 14 countries. One of the largest suppliers of UPS solutions worldwide, the INR 500-crore company is also a go-to destination for end-to-end data center capabilities. With a complete suite of Made-in-India products and end-to-end power solutions, BPE has been serving leading names from across industries and sectors, such as Axis Bank, ICICI, HDFC, Airtel, Dominos, Reliance, Indian Oil, Bharat Petroleum, Airtel etc. With product lines including UPS (range 600VA up to 8MW), Precision Air Conditioner, Power Distribution Units, Server Cabinets, Smart Racks, Battery EnergyStorage System (up to GW) as well as Power Environmental Monitoring System, Best Power Equipments has created an indelible mark across verticals such as BFSI, Industrial & Manufacturing Applications, Government projects, Telecommunication, Medical, Retail, Data Centres and IT Network Servers.

NEWME becomes 1st Fashion brand to launch quick commerce exclusive collection

~ZIP exclusive collection is a major boost for quick commerce, and the brand expects it to positively impact the fashion industry~

Bengaluru, 17th November, 2025: NEWME today announced two significant updates to its quick-fashion service, NEWME Zip, making Bengaluru the first city in India to access round-the-clock delivery and an exclusive limited-edition fashion drop created only for ZIP users.

The 60-minute delivery service, which has grown steadily since its launch in Bengaluru, saw a sharp rise in late-night orders over the past few months. Many users asked if they could receive their outfits before stepping out the next morning — a pattern that kept repeating across ZIP's data and consumer feedback. In response, NEWME has extended ZIP to a 24x7 service in Bengaluru. All orders placed until 10 PM will now be delivered before 10 AM.

"Gen Z doesn't shop on a schedule. They browse at midnight, make plans at the last minute, and expect fashion to match their pace," said Sumit Jasoria, Co-Founder and CEO, NEWME. "We started seeing a lot of early-morning fashion urgency — people wanting a new outfit before college, work, or an event. Extending ZIP to 24x7 was the natural next step, and we've rebuilt parts of our ops to make it work sustainably."

To support the extended hours, NEWME has reworked its operational model using smart batching, dynamic routing, and intelligent allocation across its dark-store network. These updates aim to maintain delivery speed without pushing up operational costs — a common challenge in quick commerce.

Alongside the service expansion, NEWME has launched the first-ever ZIP Exclusive Collection, a limited-edition set of trend-forward designs released only on NEWME ZIP and available in very small quantities: 5 designs, 50 pieces each. The drop is rooted in a strong Gen Z insight — the desire to own statement pieces that feel personal, limited, and culturally relevant.

The collection is available only in Bengaluru for now, and NEWME says it will explore similar drops in other ZIP cities based on demand and relevance.

"With this drop, we wanted to celebrate the culture of our community — the thrill of owning something unique, and the excitement of getting it instantly," Jasoria added.

NEWME Zip currently offers over 1,500 styles for near-instant delivery and is part of the brand's broader strategy to build India's most responsive, youth-first fashion ecosystem.

About NEWME:

Founded in 2022 by Sumit Jasoria, Vinod Naik, Shivam Tripathi, and Himanshu Chaudhary, NEWME targets more than 500 Mn Gen Z customers in India and Southeast Asia. NEWME believes in the transformative power of technology to enhance designs and solve for accessibility and affordability in fashion. The brand genuinely celebrates the spirit of self-expression and individualism among youth and offers thousands of designs and trends to choose from every day. The carefully curated collection of trendsetting products, released weekly, aims to empower youthful, raw, and high-energy consumers, meeting their desire to be their 'NEWME' every day.

New Cyclone Threat Looms Over Bay of Bengal: Next 48 Hours Critical, Says IMD

DNCA News Desk

18 November 2025

A new weather system brewing in the Bay of Bengal has put coastal regions of eastern India on high alert, with the India Meteorological Department (IMD) warning that the next 48 hours will be decisive in determining the intensity and track of a potential cyclonic storm.

According to the IMD, a low-pressure area currently over the southeast Bay of Bengal is likely to intensify further as it moves west-northwestward over the next two days. The system is expected to concentrate into a depression and possibly a cyclonic storm, drawing energy from the warm sea surface temperatures typical of the region in November.

"The coming 48 hours are extremely crucial. During this period, it will become clear how intense the system will become and which coastal states will bear the maximum impact," an IMD official stated.

Coastal areas of Andaman & Nicobar Islands, Tamil Nadu, Andhra Pradesh, and Odisha** are likely to experience heavy to very heavy rainfall accompanied by strong gusty winds in the coming days. Rough to very rough sea conditions are anticipated, with wave heights expected to rise significantly if the system intensifies into a depression or beyond.

Fishermen have been strictly advised not to venture into the sea along the east coast until further notice.

The IMD highlighted that November cyclones in the Bay of Bengal often undergo rapid intensification due to favorable oceanic and atmospheric conditions. Recent examples of fast-developing storms have prompted authorities to remain extra vigilant.

"Many systems formed in the Bay of Bengal have turned into severe cyclonic storms within just a few hours. Keeping this in mind, we have advised all coastal states to strengthen advance preparedness," the weather department said.

The low-pressure system was marked on November 22, and critical updates regarding its development and probable landfall zone are expected within the next 24 to 48 hours.

The entire nation is closely monitoring the evolution of this new weather system and its potential impact on the eastern coastline.

Further updates from the IMD are expected shortly. Coastal residents are urged to stay tuned to official weather bulletins and follow instructions from local authorities.

Stay safe, stay informed.

Chaos at Ahmedabad Airport: 180 Furious Passengers Chant "Hai Hai SpiceJet" After Dubai Flight Cancelled Twice!

DNCA REPORTER, AHMEDABAD:In a massive uproar at Sardar Vallabhbhai Patel International Airport in Ahmedabad, around 180 frustrated passengers raised slogans of "Hai Hai SpiceJet" and vented their anger as their Dubai-bound flight was cancelled not once — but effectively twice in one night due to technical glitches and massive delays.

The nightmare began with SpiceJet flight SG015, originally scheduled to depart at 4:20 PM for Dubai. The aircraft, arriving from Kolkata, landed over 2 hours and 10 minutes late at 6:30 PM. Exhausted passengers were finally boarded — only to sit inside the plane for nearly 30 minutes before being informed of a technical snag. The flight was abruptly cancelled, and all 180 passengers were deboarded and brought back to the terminal.

Fuming passengers, many of whom had been waiting since afternoon, erupted in anger, shouting slogans against the airline and accusing SpiceJet of irresponsible and unreliable service.

As if that wasn't enough, the airline arranged an alternative flight from Varanasi scheduled to depart for Dubai at 10:30 PM. But even after 11 PM, the replacement aircraft hadn't arrived. Check-in and boarding hadn't even started, leaving passengers stranded for over 7-8 hours.

Among the affected travellers were three friends from Naroda, Ahmedabad — Jaymin Patel, Ankit Joshi, and Amit Patel — who were excitedly travelling to Dubai for the first time on vacation. Speaking to the media, they expressed deep disappointment and anger over SpiceJet's "careless and faulty" service.

This incident comes shortly after Ahmedabad passengers faced similar harrowing experiences on London-bound flights, once again putting SpiceJet under severe criticism for poor operational reliability.

Passengers are now demanding answers, compensation, and better accountability from the budget airline.

Guns Blaze Near Somnath Temple: Gujarat SMC Foils Bishnoi Gang Arms Deal, Shootout Leaves Sharpshooter Injured, 4 Arrested

 

DNCA REPORTER Bilimora, Navsari – In a dramatic late-night operation, Gujarat's State Monitoring Cell (SMC) clashed with members of the notorious Lawrence Bishnoi gang in a fierce exchange of fire near Mini Somnath Temple in Bilimora on Monday night. Four accused, including an injured sharpshooter, were arrested and three country-made pistols along with 27 live cartridges were seized.

According to police sources, SMC received specific intelligence that two Haryana and Madhya Pradesh-based operatives of the Bishnoi gang had arrived in Bilimora to deliver weapons to their local Rajasthan-based associates. The buyers – Manish Kaluram Kumawat and Madan Gopiram Kumawat – were staying at a hotel, while the suppliers – Yash Singh (Haryana) and Rishabh Ashok Sharma (Madhya Pradesh) – were waiting in the parking area of Ganeshdev Mahadev Temple.

SMC team first nabbed the two Rajasthan-based receivers from the temple parking and during interrogation learned that Yash Singh and Rishabh Sharma had gone to the nearby Mini Somnath Temple for darshan.

When the SMC team reached the temple premises, the armed gang members attempted to flee. Yash Singh, a designated sharpshooter of the Bishnoi gang, opened fire on the police team. In self-defense, SMC Police Inspector Chandrashekhar Panara retaliated, hitting Yash Singh in the leg.

Two rounds were fired in the exchange. The injured Yash Singh was immediately rushed to the government hospital in Mangoshi where his condition is now stable. After treatment, he was formally placed under arrest along with the other three accused.

The arrested individuals are:

- Yash Singh Sundar Singh (Haryana) – injured sharpshooter

- Rishabh Ashok Sharma (Madhya Pradesh)

- Manish Kaluram Kumawat (Rajasthan)

- Madan Gopiram Kumawat (Rajasthan)

All four accused have been taken to Gandhinagar under heavy security for further interrogation. The daring operation has once again exposed the expanding reach of the Bishnoi gang into Gujarat for arms trafficking.

85th AGM of Baroda Cricket Association Concludes Successfully Amid Strong Support for Leadership

DNCA REPORTER,Vadodara, November 11, 2025 – The 85th Annual General Meeting of the Baroda Cricket Association (BCA) was held today at Vadodara with an impressive turnout of 517 members, reflecting the deep engagement and enthusiasm of the cricketing fraternity in the city.

The meeting was graced by the presence of several prominent personalities, including many leading members of the Bharatiya Janata Party (BJP) and Indian National Congress, senior advocates and leading lawyers of Vadodara, distinguished members of the Polo Club who remained present in large numbers, industrialists, and social leaders.

The cricketing legends and stalwarts of Baroda cricket also marked their strong presence, including former India wicket-keeper and ex-chief selector Kiran More, former India all-rounder Atul Bedade, renowned coach Mr. Mehndi Sheikh (who has coached international stars Irfan Pathan and Yusuf Pathan), and several former Ranji Trophy players such as Rakesh Parikh, Vasudev Patel, Khagesh Amin, Geeta Gaekwad, and Mangla Babar.

Among other notable attendees and leading supporters of BCA were:

Mr. Chirayu Amin

Mr. Amit Goradia and Mrs. Geeta Goradia

Mrs. Tejal Amin

Mr. Bharat Patel (Former Chairman & Managing Director, Procter & Gamble)

Mr. Minesh Patel and Mr. Hemant Patel from United Way of Baroda

The entire Apex Committee of the BCA was also present, lending further weight to the proceedings.

The AGM was addressed by BCA President Mr. Pranav Amin, Vice President Mr. Anant Indulkar, Secretary Mr. Ajit Lele, and Treasurer Mr. Sheetal Mehta. The leadership highlighted the remarkable progress made by the association, particularly the successful completion of the world-class Vadodara International Cricket Stadium at Kotambi and the hosting of WPL matches in 2025.

Despite attempts by a small group led by Mr. Darshan Banker to disrupt the proceedings, the overwhelming majority of the 517 members present extended rock-solid support to President Mr. Pranav Amin. Every resolution was passed unanimously, reaffirming complete faith in the current leadership and its vision for Baroda cricket.

In a major announcement that sent waves of excitement across the gathering, it was confirmed that Barodians will soon witness a men's international One-Day International between India and New Zealand live at the Kotambi Stadium – marking the return of top-tier men's international cricket to Vadodara after more than 15 years.

The magnificent Kotambi Stadium, delivered exactly as promised by Mr. Pranav Amin, has already established itself as one of India's finest venues. Since its grand opening in December 2024, it has successfully hosted international women's ODIs and multiple high-profile Women's Premier League (WPL) matches awarded by the BCCI in 2025 – a testament to the BCA's growing stature at the national level

The AGM concluded on an extremely positive and celebratory note, with members expressing unwavering confidence in Mr. Pranav Amin's leadership and excitement for the bright future of cricket in Baroda. With international cricket returning to the city and world-class infrastructure now in place, Vadodara is firmly positioned as one of Gujarat's premier cricketing hubs.