8B and PayU have partnered to bring UPI and other Indian payment methods to Central Asia, enabling seamless cross-border transactions for Indian travellers and businesses. […]
Author: The Banker Media
MUFG invests Rs 3.96 lakh crore in Shriram Finance for 20 per cent stake
MUFG Bank Ltd has subscribed to over 47.1 crore equity shares of Shriram Finance Limited, investing approximately Rs 3.96 lakh crore to acquire a 20 […]
KreditBee raises $280 million marking its entry in unicorn club
KreditBee has raised $280 million in a Series E funding round, achieving a post-money valuation of $1.5 billion and entering the unicorn club, marking the […]
Bank of Maharashtra reports 22 per cent loan growth in Q4
Bank of Maharashtra has reported a 22 per cent year-on-year growth in total credit, reaching Rs 2.92 lakh crore for the fourth quarter ended March […]
Bank of Baroda launches bob SAMVAD AI multilingual platform
Bank of Baroda has launched ‘bob SAMVAD’, an AI-powered multilingual conversational platform designed to transform in-branch customer interactions. The platform was inaugurated by M. Nagaraju, […]
RBI draft proposes tech-driven BC model to expand cooperative banking access
The Reserve Bank of India has released the draft of the Branch Authorisation Amendment Directions, 2026, proposing structural changes to how cooperative banks expand their […]
Finch Innovate relaunches FinchSCAN platform
Finch Innovate has relaunched FinchSCAN as an AI-powered digital onboarding and AML compliance platform, expanding it from a standalone screening tool into a comprehensive end-to-end […]
Capital Trust enters gold loan segment
Capital Trust Limited has announced its entry into the gold loan segment, positioning itself as a new-age challenger in the evolving secured lending market. With […]
Gayatri Co-op Bank reports strong FY26 growth
Gayatri Co-operative Urban Bank has reported strong all-round performance for FY 2025 to 2026, driven by growth across deposits, advances, and overall business. The bank’s […]
Mufin Green Finance completes Rs 25 crore PTC deal
Mufin Green Finance has closed its maiden Pass Through Certificate transaction worth Rs 25 crore for its mediclaim financing portfolio, built through its LSP partner […]