Sumitomo Mitsui Banking Corporation (SMBC) of Japan has received in-principle approval from the Reserve Bank of India (RBI) to establish a wholly owned subsidiary (WOS) […]
Author: The Banker Media
PhonePe launches ‘Bolt’ to enable one-click card payments
PhonePe Payment Gateway (PhonePe PG) has launched PhonePe PG Bolt for Visa and Mastercard credit and debit card transactions, aiming to simplify and secure in-app […]
Karnataka Bank adds Khajane-2 payments to its online banking platform
Karnataka Bank has introduced the Khajane-2 government receipts facility on its internet banking platform, enabling customers to make payments related to Karnataka state government services […]
5paisa Capital delivers strong profit growth in Q3 FY26
5paisa Capital Limited has reported improved financial performance for the quarter ended December 31, 2025, with its consolidated profit after tax rising to Rs 12.3 […]
Karur Vysya Bank expands Maharashtra presence with new Pune branch
Karur Vysya Bank (KVB) has strengthened its presence in Maharashtra with the inauguration of a new branch in Pune’s Sahakar Nagar. The opening marks an […]
ICICI Bank takes full control of ICICI Prudential Pension Fund
ICICI Bank Limited has completed the acquisition of 100 per cent equity in ICICI Prudential Pension Funds Management Company Limited (ICICI PFM) from ICICI Prudential […]
Arrowhead raises $3 Mn for BFSI Voice AI
Arrowhead has raised $3 Mn (Rs 27 crore) in its seed funding round led by early-stage venture capital firm Stellaris Venture Partners. The round also […]
Bank of India Mutual Fund launches BFSI-focused equity scheme
Bank of India Mutual Fund has launched the Bank of India Banking & Financial Services Fund, a specialised open-ended equity scheme designed to generate long-term […]
Rupee112 records strong uptake among young borrowers in 2025
Rupee112 has seen strong growth in 2025 as more than 2,00,000 customers chose the platform for their credit needs, reflecting rising trust and wider adoption […]
Skydo receives final RBI approval to operate as cross-border payment aggregator
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 […]