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 […]
Author: The Banker Media
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 […]
HDFC Bank launches business range of credit cards
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 […]
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 […]