The Board of Directors of Fedbank Financial Services has appointed Parvez Mulla as Managing Director (MD) & Chief Executive Officer (CEO) for a term of […]
Author: The Banker Media
Usha Financial Services’s IPO sees strong demand, oversubscribes 1.31x on day one
Usha Financial Services’s Initial Public Offering (IPO) received an overwhelming response with the over subscription by 1.31 times on the first day of bidding. The IPO […]
U GRO Capital announces financial results for half year ended September 2024
UGRO Capital has announced its robust financial performance for the Second Quarter and Half Year ended 30th September, 2024. The company reported its Assets Under […]
UCO Bank posts strong Q2 performance: Net profit surges 50 per cent to Rs 603 crore
UCO Bank has reported a notable 50 per cent Year-on-Year (YoY) increase in net profit for Q2 FY25, reaching Rs 603 crore, up from Rs […]
HDFC Bank reports 5.3 per cent YoY growth in Q2FY25
HDFC Bank, recently revealed to have had a 5.3 per cent year-on-year (YoY) increase in its net profit for Quarter two Financial Year 2025 (Q2FY25), […]
Yes Bank appoints Nirav Dalal to lead financial markets business
Yes Bank has appointed Nirav Dalal as the new head of its Financial Markets business, responsible for both proprietary and client-facing operations within the Bank’s […]
Purple Finance successfully closes oversubscribed rights issue by 1.5 times
Micro, Small and Medium Enterprises (MSME)-focused NBFC, Purple Finance, recently has successfully closed its recent rights issue, which was oversubscribed by 1.5 times. The company […]
UFSL secures Rs 200 million via NCDs
Usha Financial Services Limited has raised Rs 200 million through Non-Convertible Debentures (NCDs) ahead of its Initial Public Offering (IPO) slated for October, marking another […]
UGRO Capital secures $40 million loan from United States International DFC
UGRO Capital recently revealed to have secured a $40 million (approx. Rs 3,300 million) loan commitment from the United States International Development Finance Corporation (DFC). […]
PhonePe launches firecracker insurance ahead of diwali festivities
PhonePe, has come up with a new firecracker insurance policy to safeguard users against firecracker-related accidents during the Diwali celebrations. The insurance plan is priced […]