The Central Bank of India has received approval from the Reserve Bank of India to set up an International Financial Services Centre (IFSC) Banking Unit […]
Author: The Banker Media
Paytm Payments Services gets RBI nod to operate as online payment aggregator
Paytm Payments Services Limited (PPSL), a wholly owned subsidiary of One 97 Communications Limited, has received an ‘in-principle’ authorisation from the Reserve Bank of India […]
Perfios.ai launches CAM AI to double loan processing capacity for banks and NBFCs
Perfios.ai has introduced CAM AI, an AI-driven credit underwriting platform designed to streamline and accelerate lending operations for banks and non-banking financial companies (NBFCs) worldwide. […]
RBL Bank partners with CAMSPay for merchant settlement service
RBL Bank has announced a strategic partnership with CAMSPay, the payments division of Computer Age Management Services (CAMS), to roll out CAMSPay’s New Payment Gateway, […]
Karur Vysya Bank strengthens presence with three new branches across India
Karur Vysya Bank (KVB) has expanded its footprint with the inauguration of three new branches, located in Trichy, Tamil Nadu; Kurnool, Andhra Pradesh; and Thane, […]
Prithvi Exchange reports 18.66 per cent revenue growth in Q1 FY26
Prithvi Exchange (India) Limited has posted a strong financial performance for the first quarter of FY 2025–26, reporting an 18.66 per cent quarter-on-quarter revenue increase. […]
Avanse Financial Services and AWS to boost technology skills among Indian youth
Avanse Financial Services has announced a strategic partnership with Amazon Web Services (AWS) to make high-quality, industry-relevant technology education accessible to a broader spectrum of […]
AU SFB secures RBI nod to transition into Universal Bank
The Reserve Bank of India (RBI) has granted in-principle approval to AU Small Finance Bank Limited (AUSFB), allowing it to transition into a universal bank, […]
BharatPe turns profitable with Rs 6 crore pre-tax gains in FY25
BharatPe has recorded its first full-year profitability, posting an adjusted pre-tax profit of Rs 6 crore in FY25. This marks a sharp turnaround from the […]
RBI issues new guidelines to streamline co-lending practices
The Reserve Bank of India (RBI) has introduced a fresh set of regulatory guidelines titled ‘The Reserve Bank of India (Co-Lending Arrangements) Directions, 2025’, to […]