Manba Finance Limited has announced the launch of its Battery Replacement Financing product, a dedicated loan offering for lithium-ion battery replacement in electric three-wheelers, including […]
Author: The Banker Media
Mahindra Finance Q1 FY27 PAT rises 70 per cent
Mahindra & Mahindra Financial Services Limited (Mahindra Finance) has reported a standalone profit after tax (PAT) of Rs 899 crore for the quarter ended June […]
GlobalPay unveils Forex card distribution platform
WSFx Global Pay Ltd. has launched GlobalPay Connect, a Forex Card Distribution Platform designed to enable RBI-authorized forex businesses to become Authorized GlobalPay Forex Card […]
Purple Finance acquires Saksham Gram Credit to expand rural presence
Purple Finance Limited has announced the proposed acquisition of Saksham Gram Credit Private Limited as part of its inorganic growth strategy to expand its footprint, […]
FincFriends reports strong FY26 growth with Rs 999 crore revenue
FincFriends has reported a strong financial performance for FY2025-26, with revenue rising 33 per cent to Rs 999 crore and Assets Under Management (AUM) growing […]
Fibe launches AI-powered credit intelligence platform CAIR for consumers
Fibe has launched Credit AI Radar (CAIR), an AI-powered credit intelligence and management platform aimed at helping consumers better understand, manage and improve their credit […]
UPI user base nears 55.5 crore as digital payments hit new high in FY26
Minister of State for Finance Pankaj Chaudhary has recently reported in the parliament that India’s Unified Payments Interface (UPI) has reached 55.49 crore users as […]
PNB delivers robust first quarter with higher profit
Punjab National Bank (PNB) has reported a net profit of Rs 5,253 crore for the quarter ended June 30, 2026. The profit surged 213.6 per […]
Axis Bank posts 23 per cent rise in Q1 profit
Axis Bank reported a strong start to FY27 with a 23 per cent year-on-year increase in standalone net profit to Rs 7,114 crores for the […]
Regency Fincorp secures stable credit rating for proposed NCDs
Regency Fincorp Limited has received an ‘IVR BBB/Stable’ credit rating from Infomerics Valuation and Rating Limited, a SEBI-registered credit rating agency, for its proposed non-convertible […]