The Financial Services Institutions Bureau (FSIB) has recommended Binod Kumar, the Executive Director (ED) of Punjab National Bank, for the role of Managing Director (MD) […]
Author: The Banker Media
Microfinance lending in Uttar Pradesh climbs 10 per cent to Rs 40,840 crore in FY2024
The microfinance sector in Uttar Pradesh (UP) witnessed robust growth, with the credit pool rising by nearly 10 per cent Year-on-Year (Y-o-Y) to reach Rs […]
Skylark Information Technologies launches India’s first operational technology centre of excellence
Skylark Information Technologies has unveiled India’s first Operational Technology (OT) Centre of Excellence (CoE). This initiative is set to drive expertise, innovation and best practices […]
Nupur Recyclers reports strong Q2 FY25 financial performance, announces strategic expansion plans
Nupur Recyclers, a recycling and processing ferrous and non-ferrous metal scraps company, has revealed its unaudited financial results for the quarter ending 30th September, 2024. […]
Paytm Payments Bank names Manish Kumar as Chief Human Resources Officer
Paytm Payments Bank has appointed Veteran Human Resource (HR) professional Manish Kumar, as the Chief Human Resources Officer (CHRO). Previously, Kumar served as Chief People […]
Paytm launches UPI International
Paytm has launched UPI International, enabling Indian travellers to make seamless, cashless payments abroad. This feature is now available in the UAE, Singapore, France, Mauritius, […]
Ranveer Singh ventures into packaged foods with Elite Mindset acquisition
Bollywood actor Ranveer Singh has forayed into the packaged foods sector, acquiring a 50 per cent stake in Elite Mindset, a startup backed by Kishore […]
Ritesh Agarwal to invest Rs 550 crore in Oyo, elevating stake and boosting valuation
Ritesh Agarwal, Founder and Chief Executive Officer (CEO), Oyo, reportedly is set to infuse Rs 550 crore (approximately $65.1 million) into the hospitality platform, increasing […]
Mastercard Partners with Buna to revolutionise cross-border payments in MENA
Mastercard has partnered with the Arab Regional Payment System, Buna, to enhance cross-border payment efficiency into and out of the Middle East and North Africa […]
Repco Home Finance reports 14.4 per cent YoY profit growth in Q2 FY25
Repco Home Finance reported a 14.4 per cent Year-on-Year (YoY) increase in net profit for Quarter 2 Financial Year 2025 (Q2 FY25), reaching Rs 108.7 […]