SaaS fintech Perfios today raised $229 million from Kedaara Capital in its Series-D funding round. With this, Perfios plans to deploy the funds to fuel […]
Author: The Banker Media
Union Bank of India introduces two new debit cards
The Union Bank of India has introduced two new debit card variants comprising a range of benefits and features. The cards have been designed to […]
REC Limited signs $100 million foreign currency term loan agreement with EXIM Bank
REC Limited has signed a foreign currency term loan agreement for $100 million with Export Import Bank of India (EXIM Bank). The proceeds of the […]
GFF 2023: UIDAI displays face-authentication facility powered by AI and ML engines
The Unique Identification Authority of India (UIDAI) recently showcased its improved face authentication facility, powered by its in-house Artificial Intelligence (AI) and Machine Learning (ML) […]
Global cooperation and collaboration essential for sustainable financial ecosystem: Union Finance Minister
The Global Fintech Festival (GFF) 2023 opened in Mumbai with an inaugural address by Union Finance Minister Nirmala Sitharaman, wherein she called for global cooperation […]
Hitachi Payment Services launches first-ever UPI ATM at GFF 2023
Hitachi Payment Services has launched India’s first-ever UPI-ATM as a White Label ATM (WLA), in association with National Payments Corporation of India (NPCI), offering secure […]
Kotak Mahindra Bank: MD and CEO Uday Kotak resigns
Kotak Mahindra Managing Director (MD) and Chief Executive Officer (CEO) Uday Kotak has stepped down from his position with effect from 1st September, 2023 on […]
UPI surpasses 10 billion transactions in August
The Union Payments Interface (UPI) has surpassed 10 million transactions in the month of August 2023. The National Payments Corporation of India took to X […]
RBI Governor rated ‘A+’ in Global Finance Central Banker Report Cards 2023
The Global Finance Central Banker Report Cards 2023 has rated RBI Governor Shaktikanta Das as ‘A+’ among three central bank governors. The other two governors […]
India’s digital startup ecosystem a catalyst for global healthcare transformation, says Piyush Goyal
India’s thriving start-up ecosystem, which is the third largest in the world, has an immense potential to tackle pressing healthcare challenges on a global scale, […]