Trintech has introduced embedded agentic AI capabilities designed to automate and enhance finance workflows, particularly across record-to-report and financial close operations. At the core of […]
Author: The Banker Media
Poonawalla Fincorp raises Rs 2500 crore through QIP to fuel growth
Poonawalla Fincorp Limited has successfully raised Rs 2,500 crore through a Qualified Institutions Placement (QIP) to support its lending expansion and diversify its asset portfolio. […]
Bank of Baroda joins hands with Jio to bring digital banking to feature phone users
Bank of Baroda has partnered with Reliance Jio to launch “bob World Lite,” a feature phone-compatible banking app aimed at expanding digital banking access. The […]
Ahana upgrades Karnataka Bank IT systems for better performance
Ahana Systems and Solutions has modernised the IT infrastructure of Karnataka Bank through its managed services, enhancing system performance and operational reliability. The engagement focused […]
8B ties up with PayU to enable UPI payments across Central Asia
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. […]
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 […]