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, […]
Author: The Banker Media
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 […]
UGRO Capital appoints Anuj Pandey as new CEO
UGRO Capital has appointed Anuj Pandey as its new Chief Executive Officer (CEO). A founding team member and the company’s current Chief Risk Officer, Pandey […]
Vakrangee expands service portfolio with Ageas Federal Life Insurance
Vakrangee has announced a strategic distribution partnership with Ageas Federal Life Insurance Company, aiming to significantly expand access to life insurance services across India. With […]
IndusInd Bank bags recognition for digital payments excellence
IndusInd Bank has been awarded the prestigious Digital Payments Award 2023–24 by the Department of Financial Services (DFS), Ministry of Finance, Government of India, in […]
Crisil invests Rs 33.25 crore to acquire minority stake in Online PSB Loans
Crisil has completed the acquisition of a minority stake in Online PSB Loans Limited (OPL), a prominent digital credit infrastructure company, for Rs 33.25 crore. […]