IIFL Finance has received regulatory approval from the Reserve Bank of India (RBI) to open branches in the Union Territory of Jammu & Kashmir. This […]
Author: The Banker Media
Bajaj Finance embarks on digital overhaul with PennApps Lending Factory
Bajaj Finance Ltd. (BFL), a subsidiary of Bajaj Finserv Ltd., has transitioned its core lending operations to Pennant Technologies’ PennApps Lending Factory, marking a major […]
Poonawalla Fincorp introduces AI-backed regulatory response engine
Poonawalla Fincorp Limited (PFL) has launched an extensive deployment of artificial intelligence-powered solutions across its marketing and compliance functions in a move aimed at transforming […]
UGRO Capital to raise Rs 1,315 crore for MSME lending expansion
UGRO Capital has planned to raise substantial growth capital amounting to Rs 1,315 crore. The fundraise includes a preferential issue of Compulsorily Convertible Debentures (CCDs) […]
SBM Bank India and ICICI Prudential Life Insurance to offer comprehensive financial protection
SBM Bank India has announced a bancassurance partnership with ICICI Prudential Life Insurance, in a strategic move aimed at enhancing its retail offerings and expanding […]
Digital shift, local impact: How Janata Sahakari Bank is balancing legacy with innovation
How has the current economic and financial environment impacted the growth strategies of your bank? In the current scenario, the Government of India’s policies have […]
UP StCB accelerates PACS digital transformation with new contract
The Uttar Pradesh State Cooperative Bank (UP StCB) has granted an Rs 18.69 crore contract to Vinsys IT Services India, to modernise rural credit delivery. […]
MobiKwik unveils Pocket UPI for better budgeting and security
One MobiKwik Systems has rolled out a new multimedia campaign to promote its latest innovation, Pocket UPI. This product is designed to redefine how Indians […]
IndusInd Bank and AIC STPINEXT to strengthen India’s startup ecosystem
IndusInd Bank has signed a Memorandum of Understanding (MoU) with AIC STPINEXT, a special purpose vehicle established by Software Technology Parks of India (STPI) under […]
HDFC Bank launches Biz+ accounts to support MSME growth
HDFC Bank has introduced a new suite of current account products named Biz+, specifically designed to support small businesses throughout their various stages of growth. […]