CreditAccess Grameen Limited has raised Rs 425 crore through the private placement of non-convertible debentures (NCDs). The fundraising comprised two transactions, including Rs 325 crore […]
Author: The Banker Media
CoverSure study reveals policyholders miss opportunities to improve health insurance
CoverSure has released insights from its Policy Health Check, based on an analysis of more than one lakh policyholders, revealing that a large proportion of […]
RBI proposes AI risk management framework for banks
The Reserve Bank of India (RBI) has proposed new guidelines requiring banks and other regulated entities to strengthen the management of risks associated with artificial […]
jUMPP receives NPCI approval to launch UPI payment services
jUMPP has received approval from the National Payments Corporation of India (NPCI) to operate as a Third Party Application Provider (TPAP), allowing the company to […]
Hero FinCorp joins hands with Salesforce to accelerate AI-powered loan processing
Hero FinCorp has announced a collaboration with Salesforce to transform loan processing through AI-powered automation. By deploying Agentforce, Data 360, MuleSoft, Agentforce Sales and Agentforce […]
Emirates NBD completes landmark majority stake acquisition in RBL Bank
Emirates NBD has completed its acquisition of a majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion (around Rs […]
Aadhaar App surpasses 31 million downloads in under five months
The Aadhaar app has recorded more than 31 million downloads in less than five months since its launch, highlighting the increasing reliance on digital identity […]
POP introduces biometric authentication to simplify and secure UPI payments
POP has launched biometric authentication for UPI transactions, replacing the traditional 6-digit UPI PIN with fingerprint or Face ID verification for payments up to Rs […]
Manba Finance joins hands with Nammaloan to expand Vehicle Financing Presence
Manba Finance has announced a strategic partnership with Sreesastha (Nammaloan) to strengthen its presence in South India, marking a significant step in the company’s national […]
IIFL Capital Services appoints Amit Gupta as Chief Compliance Officer
IIFL Capital Services Limited (formerly IIFL Securities Limited) has designated Amit Gupta as its Chief Compliance Officer (CCO). He has also been identified as a […]