The Reserve Bank of India (RBI) has approved the appointment of Salee Sukumaran Nair as the Managing Director (MD) and Chief Executive Officer (CEO) of […]
Author: The Banker Media
SBI hikes MCLR by 10 basis points across all tenors
The State Bank of India (SBI), has announced an increase in its Marginal Cost of Funds-Based Lending Rate (MCLR) by 10 Basis Points (bps) across […]
PhonePe introduces pre-approved term life insurance with no income proof requirement
PhonePe has unveiled a ‘pre-approved term life insurance’ feature on its platform, designed to make insurance coverage more accessible and affordable for millions of users. […]
Standard Chartered Bank appoints Aditya Mandloi as new Head of WRB for India and South Asia
Standard Chartered Bank has announced the appointment of Aditya Mandloi as the new Head of Wealth and Retail Banking (WRB) for India and South Asia, […]
Bank of Baroda, UCO Bank and other public sector banks raise lending rates amid rising costs
In response to the rising cost of funds, three major public sector banks- Bank of Baroda (BOB), Canara Bank and UCO Bank have increased their […]
Bandhan Bank appoints Manoj Batra as Head of Product and Process for Government Business Group
Bandhan Bank has appointed Manoj Batra as the new Head of Product and Process for its Government Business Group. In this key leadership role, Batra […]
Jai Kisan secures NBFC licence, expands financial offerings to rural India
Rural-focussed FinTech startup Jai Kisan has broadened its financial services by acquiring a Non-Banking Finance Company (NBFC) licence. This development follows the company’s acquisition of […]
Prest Loans reports financial turnaround with significant growth in FY’24
Prest Loans has reported a transformative financial performance for the fiscal year ending 31st March, 2024. The company has witnessed substantial growth and profitability across […]
Agriwise appoints Jasoda Gulliya as Head – Strategic Alliances and Partnerships
Agriwise has announced the appointment of Jasoda Gulliya as Head – Strategic Alliances and Partnerships. In her new role, Gulliya will be instrumental in onboarding […]
RBI announces four major updates on UPI, cheques and digital lending
The Reserve Bank of India (RBI) has rolled out a new feature for UPI called ‘Delegated Payments,’ which allows the primary account holder to authorise […]