Skydo has received final authorisation from the Reserve Bank of India to operate as a Payment Aggregator – Cross Border (PA-CB). The approval marks a […]
Author: The Banker Media
Bajaj Group finalises Allianz insurance stake acquisition
Bajaj Finserv, along with promoter group entities Bajaj Holdings & Investment Limited and Jamnalal Sons Private Limited, has completed the acquisition of a 23 per […]
SBI opens Global Capability Centre in Bengaluru
State Bank of India (SBI) has inaugurated its Global Capability Centre (GCC) in Bengaluru, marking the first such initiative by an Indian bank. The move […]
Paisalo Digital raises Rs 188.5 crore to fuel inclusive growth
Paisalo Digital Limited has raised approximately Rs 188.5 crore at an annual return on investment of 8.5 per cent through its latest listed issuances in […]
Choice Wealth secures digital investment platform from India Post Payments Bank
Choice Wealth Private Limited has secured a strategic mandate from India Post Payments Bank (IPPB) to deploy a comprehensive digital investment platform for the bank’s […]
Namma Yatri partners with OneBanc to transform corporate mobility in India
Namma Yatri has partnered with OneBanc, an AI-powered Employer Money Tracking System (EMTS) for payroll, benefits, and expense automation. The partnership offers enterprises an integrated […]
Amazon Pay launches Fixed Deposits to broaden its protfolio
Amazon Pay has launched fixed deposit (FD) offerings in India, expanding its financial services ecosystem through partnerships with two non-banking financial companies, Shriram Finance and […]
Saarathi Finance earns ‘A-’ credit rating from ICRA
Saarathi Finance and Credit Private Limited (SFCPL) has been assigned an ‘A- (Stable)’ long-term credit rating by ICRA, along with an ‘A2+’ rating for its […]
HDFC Bank integrates digital rupee into SmartGateway merchant platform
HDFC Bank has integrated India’s Central Bank Digital Currency (CBDC), the Digital Rupee (e₹), into its SmartGateway merchant payment platform, enabling merchants to accept CBDC […]
LKP Finance transitions to payments and rewards platform
LKP Finance Ltd. has acquired a strategic stake in digital gifting platform Gyftr as it transitions from a traditional non-banking financial company model to a […]