Dvara KGFS has raised $27 million in debt funds. This financial boost will augment the company’s liquidity and accelerate its growth plans, the company notified […]
Author: The Banker Media
Amit Shah to inaugurate umbrella organisation for UCB sector next month
Union Home Minister Amit Shah will inaugurate the umbrella organisation for the Urban Cooperative Banking (UCB) sector on 2nd March, 2024 in New Delhi. Jyotindra […]
RBI grants PA licence to Mswipe Technologies
The Reserve Bank of India (RBI) has granted the Payment Aggregator (PA) licence to digital payments platform Mswipe Technologies. In a statement yesterday, the company […]
BOBCARD launches corporate credit card on RuPay network
Bank of Baroda’s subsidiary BOBCARD, in collaboration with the National Payments Corporation of India (NPCI), has launched corporate credit card on RuPay network. The card […]
Ujjivan Small Finance Bank appoints Mangesh Ramesh Mahale as CTO
Ujjivan Small Finance Bank has appointed Mangesh Ramesh Mahale as its Chief Technology Officer (CTO), effective February 2024. A statement from the bank said, “We […]
SBM Bank appoints Ashish Vijayakar as CEO and MD
SBM Bank yesterday appointed Ashish Vijayakar as the Chief Executive Office (CEO) and Managing Director (MD). The appointment is for three years starting 17th February […]
SBI Capital Markets appoints Virendra Bansal as CEO and MD
The State Bank of India (SBI) has appointed Virendra Bansal as the new Chief Executive Officer (CEO) and Managing Director (MD), a statement from the […]
Axis Bank and Muthoot Microfin partner with Yubi
Yubi has formed a strategic co-lending collaboration with Axis Bank and Muthoot Microfin. This partnership aims to address the issue of limited access to capital […]
NAFCUB elects Laxmi Das as new President
In an election held today, the National Federation Of Urban Cooperative Banks And Credit Societies (NAFCUB) has elected Laxmi Das as the new President. He […]
India rolls out UPI services in Maldives and Sri Lanka
India rolled out its Unified Payment Interface (UPI) services yesterday in Sri Lanka and Mauritius. Prime Minister Narendra Modi described the move as linking historic […]