AU Small Finance Bank (SFB) has appointed Reserve Bank of India’s (RBI) former Deputy Governor HR Khan as part-time Chairman. In an exchange notification, the […]
Author: The Banker Media
Bajaj Finserv Health acquires Vidal Health Care
Bajaj Finserv Health today acquired 100 per cent stake in Vidal Healthcare Services. The acquisition expands Bajaj Finserv’s capabilities in the healthcare space, empowering it […]
Bank of Baroda launches ‘current account’ package
Bank of Baroda (BoB) yesterday launched a ‘current account’ package with seven new differentiated current account products. Each current account product has been curated to […]
Karnataka Bank to raise Rs 100 crore equity from ICICI Lombard
Karnataka Bank has planned to raise Rs 100 crore worth of preferential shares to ICICI Lombard General Insurance. The preferential shares are set to be […]
CCI gives consent to proposed merger of Fincare SFB with AU SFB
The Competition Commission of India (CCI) has approved the proposed merger of Fincare Small Bank into AU Small Finance Bank. The approval for the merger […]
SK Finance raises Rs 1,328 crore
SK Finance, an NBFC engaged in used and new vehicle financing and secured business loans, completed an equity round totalling Rs 1,328 crore from the […]
U Gro Capital enters billion dollar AUM Club
Non-Banking Financial Company (NBFC) UGro Capital has entered the billion dollar AUM Club with its Q3 and 9M’FY24 results. The company reported a net profit […]
InPrime Finserv raises $3 million in Series A round
InPrime Finserv has raised $3 million in Series A round led by Matrix Partners India. The round also saw participation from existing investors, InfoEdge Ventures, […]
Hitachi Payment Services launches financial inclusion initiative
Hitachi Payment Services yesterday launched its financial inclusion business to redefine access to financial services for the under-banked and unbanked sections. Through this, the company […]
FIDC releases its vision document and Code of Conduct for NBFCs
The Board of Directors for the Finance Industry Development Council (FIDC) has released its vision document and Code of Conduct today, a statement from FIDC […]