Trend Micro has promoted Sharda Tickoo as the new Country Manager for India & SAARC. An integral part of the company for the past 16 […]
Author: The Banker Media
CCI gives nod to Axis Bank’s investment in Max Life Insurance
The Competition Commission of India (CCI) yesterday approved Axis Bank’s proposed acquisition of a stake in Max Life Insurance. In a post on X, CCI […]
Magma HDI General Insurance signs MoU with Suryoday SFB
Magma HDI General Insurance Company and Suryoday Small Finance Bank (SFB) have entered into a Corporate Agency Agreement to offer health insurance to Suryoday Bank’s […]
HDFC Bank to sell 100 per cent stake in HDFC Education and Development Services
HDFC Bank has decided to sell its 100 per cent stake in HDFC Education and Development Services, the bank notified via a regulatory filing yesterday. […]
PhonePe launches UPI payments in UAE
PhonePe has launched Unified Payments Interface (UPI) on the United Arab Emirates (UAE’s) App Neopay terminals. Users can scan the QR code for seamless and […]
Palanikumar Arumugam joins Hinduja Leyland Finance as CISO
Palanikumar Arumugam has joined Hinduja Leyland Finance (HLF) as its CISO. Prior to this, he was worked with Equitas Small Finance Bank, Shikha Financial Services […]
HDFC Bank appoints Sumant Rampal as head of mortgage business
HDFC Bank has appointed Sumant Rampal as the head of its mortgage business with effect from 28th March, 2024. He replaces Arvind Kapil, who will […]
Kotak Bank acquires Sonata Finance for Rs 537 crore
Kotak Mahindra Bank today acquired Non-Banking Financial Company (NBFC) Sonata Finance for Rs 537 crore. Sonata is operating in 10 states through 549 branches, and […]
RBI modifies guidelines for investment in AIFs by lenders
The Reserve Bank of India (RBI) yesterday revised its guidelines concerning the investment of banks, Non-Banking Financial Companies (NBFCs), and other lending institutions in Alternative […]
IBA elects Daljit Dogra as member of managing committee
The Indian Banks’ Association (IBA) has elected Daljit Dogra, Managing Director, Zoroastrian Cooperative Bank as the member of the Managing Committee. The elections were held […]