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 […]
Author: The Banker Media
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 […]
PayNearby digitises SHG cash withdrawals and deposits with dual authentication
PayNearby has introduced a dual-authentication-based solution to digitise cash withdrawals and deposits for Self-Help Groups (SHGs) across its PayNearby and Digital Naari platforms. The initiative […]
CredAble partners with Citi to digitise trade finance
CredAble has announced a strategic technology partnership with Citi to digitise trade finance controls and strengthen post-disbursement invoice validation across global markets. The collaboration reflects […]
Avanse Financial raises Rs 1,200 crore through rights issue
Avanse Financial Services has raised Rs 1,200 crore through a rights issue, with strong participation from existing shareholders Warburg Pincus, Kedaara Capital, and Mubadala Investment […]
Federal Bank rebrands itself to reflect modern and digital-first vision
Federal Bank has unveiled The Fortuna Wave, its refreshed brand identity, marking the bank’s evolution towards a more contemporary and future-ready presence. The launch took […]
Tamilnad Mercantile Bank partners TechFini to strengthen UPI infrastructure
Tamilnad Mercantile Bank (TMB) has partnered with TechFini, a UPI infrastructure and FinTech solutions provider, to strengthen its UPI acquiring and issuing capabilities across India. […]
NPCI expands digital infrastructure beyond payments
The National Payments Corporation of India (NPCI) is strengthening its institutional framework as it prepares to play a larger role in building the next phase […]