The State Bank of India (SBI), on its expansion plan, intends to open 400 new branches across the nation by the end of the current […]
Author: The Banker Media
Muthoot Microfin secures corporate agent licence from IRDAI
Muthoot Microfin has secured a corporate agent licence from the Insurance Regulatory and Development Authority of India (IRDAI), enabling it to provide customised insurance plans […]
RBI nominates Arun Kumar Singh as Additional Director for Bandhan Bank
Bandhan Bank has announced that the Reserve Bank of India (RBI) has appointed Arun Kumar Singh as an Additional Director on the Board of the […]
Namdev Finvest partners with Bajaj Allianz General Insurance to provide comprehensive financial solutions
Jaipur-based NBFC Namdev Finvest has partnered with Bajaj Allianz General Insurance to provide comprehensive financial solutions, including insurance and NBFC services, and to elevate customer […]
ACE partners with Bank of Baroda for construction equipment financing
Action Construction Equipment (ACE) has entered into a Memorandum of Understanding (MoU) with Bank of Baroda to facilitate financing solutions for construction equipment businesses. The […]
RBI invites applications for recognising Self-Regulatory Organisations for NBFCs
The Reserve Bank of India (RBI) has opened applications to recognise Self-Regulatory Organisations (SROs) for Non-Banking Financial Companies (NBFCs) under its newly established Omnibus Framework. […]
Ajith Kumar KK becomes new MD and CEO for Dhanlaxmi bank
Ajith Kumar KK has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Dhanlaxmi Bank. In a regulatory filing, the appointment […]
Shivalik small finance bank bags Rs 100 crore in equity investment
Shivalik Small Finance Bank has bagged Rs 100 crore in equity co-led by venture capital firm Lightspeed and Sanjay Nayar-founded Sorin Investments, along with participation […]
Dvara KGFS secures $7 million in debt financing from Enabling Qapital
Dvara Kshetriya Gramin Financials (KGFS) yesterday announced a debt raise of $7 million, for the second time, through External Commercial Borrowings (ECBs) from Enabling Qapital, […]
Paytm appoints Rajeev Agarwal as Independent Director
Paytm has appointed Rajeev Krishnamuralilal Agarwal as non-executive independent Director to its board of directors. As per the company, the appointment underscores Paytm’s dedication to […]