HDFC Bank has recently launched business range of credit cards customised for business owners, entrepreneurs and freelancers. The cards will be available in four variants […]
Author: The Banker Media
Indian NBFCs saw highest growth among NBFI categories, says RBI Deputy Governor
Indian Non-Banking Financial Companies (NBFCs) saw a highest growth (10 per cent) among the NBFI economic categories, said M Rajeshwar Rao, Deputy Governor, Reserve Bank […]
HDFC Bank raises $300 million via sustainable finance bond issue
HDFC Bank has raised $300 million through its first ever sustainable finance bond issue. This is part of an overall raise of $750 million through […]
RBI asks banks and NBFCs to reveal more details to retail and MSME borrowers
The Reserve Bank of India (RBI) has decided to mandate all Retail Entities (REs) to provide the ‘Key Fact Statement’ (KFS) to the borrowers for […]
NABARD estimates credit potential of Rs 3,421.77 crore for Meghalaya
The National Bank for Agriculture and Rural Development (NABARD) has estimated a credit potential of Rs 3,421.77 crore for Meghalaya under priority sector lending by […]
Tata AIA Life appoints Venkatachalam H as MD and CEO
Tata AIA Life Insurance has appointed Venkatachalam H as President and Chief Distribution Officer (CDO) as MD and CEO, subject to regulatory approval. Venkatachalam , who joined […]
Mufin Green Finance raises Rs 140 crore in Series B funding
Mufin Green Finance has raised Rs 140 crore in Series B round of equity funding. The capital will be used to accelerate Mufin’s growth trajectory […]
IRDAI grants approval for Axis Bank’s capital infusion into Max Life
The Insurance Regulatory and Development Authority of India (IRDAI) has granted approval for Axis Bank’s capital infusion into Max Life. According to a filing by […]
Aviva India unveils ‘Aviva Mid-Cap Fund’
Aviva Life Insurance recently launched Aviva MidCap Fund, a portfolio that invests in mid-cap equities with the goal of achieving long-term financial appreciation. Interested investors […]
Bandhan Bank appoints Santosh Nair as Head – Customer Lending and Mortgages
Bandhan Bank has recently named Santosh Nair, the former Chief Executive Officer (CEO), HDFC Sales, as Head of Consumer Lending and Mortgages. Shantanu Sengupta, Head […]