BharatPe has secured $15 million (approximately Rs 125 crore) in debt funding, co-led by Neo Group and Trifecta Capital, with additional participation from Alteria Capital. […]
Author: The Banker Media
Coforge implements AI-driven Dispute Management module for financial services
Coforge has announced the successful implementation of ServiceNow’s AI-powered Financial Services Operations (FSO) Dispute Management module at the ServiceNow Knowledge 2025 event. This marks a […]
Pochampally Cooperative Urban Bank unveils new headquarters in Telangana
The Pochampally Cooperative Urban Bank has inaugurated its new headquarters at Bhoodan Pochampally, in a landmark move to bolster financial services in Telangana. The ceremony […]
Jalore Nagrik Sahakari Bank records Rs 6.76 crore net profit in FY25
Rajasthan’s Jalore Nagrik Sahakari Bank has announced a standout financial performance for the fiscal year 2024–25, marking a year defined by significant growth, improved operational […]
Firstsource names Shamita Mukherjee as new CHRO
Firstsource has appointed Shamita Mukherjee as its new Chief Human Resources Officer (CHRO). In her new role, Shamita will spearhead Firstsource’s people enablement strategy, guiding […]
Muthoot Microfin achieves high ESG rating from CareEdge
Muthoot Microfin has bagged a landmark ESG score of 72.2 and has been rated CareEdge-ESG 1, the highest tier in the ESG rating framework issued […]
Utkarsh Small Finance Bank reports Rs 24 crore net profit in FY25
Utkarsh Small Finance Bank Limited (USFBL) has announced its financial results for the quarter and year ending at 31st March, 2025. Despite a challenging operating […]
Kotak Mahindra Bank clocks Rs 16,450 crore standalone profit in FY25
Kotak Mahindra Bank has announced its audited standalone and consolidated financial results for the quarter and financial year ending on 31st March, 2025, showcasing a […]
Govt of India merges 26 RRBs across 11 states and UTs
The Government of India has officially implemented the amalgamation of 26 Regional Rural Banks (RRBs) across 11 states and Union Territories. This marks the fourth […]
RBI to onboard UCBs onto ULI for faster digital loans
The Reserve Bank of India (RBI) has been planning to onboard select Urban Cooperative Banks (UCBs) onto its innovative Unified Lending Interface (ULI). Similar to […]