The Reserve Bank of India has directed all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk […]
Author: The Banker Media
South Indian Bank appoints Nehru Singh B as Chief Risk Officer
South Indian Bank has announced the appointment of Nehru Singh B as its Chief Risk Officer (CRO) for a tenure of three years. The decision […]
slice rolls out new credit card to reimagine credit access
slice has unveiled the slice UPI credit card, a breakthrough credit card designed to transform how India accesses credit. Expanding this vision, slice opened India’s […]
IndusInd Bank introduces new digital banking platform for MSMEs
IndusInd Bank has launched ‘INDIE for Business,’ a comprehensive digital banking platform designed to transform how micro, small, and medium enterprises (MSMEs) manage their finances. […]
Saraswat Bank plans to amalgamate with New India Co-op Bank
Saraswat Co-operative Bank Ltd. will formally unveil its plan to absorb New India Co-operative Bank Ltd. at a 5 p.m. press conference, 1 July 2025, […]
MobiKwik announces key leadership appointments to accelerate its operations
MobiKwik has announced key leadership promotions with the appointment of Saurabh Dwivedi as its new Chief Technology Officer (CTO), while Dhruv Wadhera has been elevated […]
India unveils first maritime-focused NBFC to support coastal infrastructure and startups
Union Minister Sarbananda Sonowal has officially launched Sagarmala Finance Corporation Ltd. (SMFCL), India’s first non-banking financial company (NBFC) dedicated exclusively to the maritime sector. The […]
Central Bank of India acquires stake in Generali to boost insurance business
The Central Bank of India has acquired substantial equity stakes in Future Generali India Insurance Company Limited (FGIICL) and Future Generali India Life Insurance Company […]
J&K Bank introduces API-based open banking services for corporate clients
J&K Bank has launched its API-based Open Banking platform for corporates, enabling seamless integration of banking services within enterprise systems. The announcement was made at […]
Ambit Finvest and DCB Bank to boost MSME lending through co-lending model
Ambit Finvest has signed a strategic co-lending partnership with DCB Bank Limited to enhance credit access for India’s Micro, Small, and Medium Enterprises (MSMEs). This […]