Avanse Financial Services has raised Rs 1,200 crore through a rights issue, with strong participation from existing shareholders Warburg Pincus, Kedaara Capital, and Mubadala Investment […]
Category: BFSI
Federal Bank rebrands itself to reflect modern and digital-first vision
Federal Bank has unveiled The Fortuna Wave, its refreshed brand identity, marking the bank’s evolution towards a more contemporary and future-ready presence. The launch took […]
Tamilnad Mercantile Bank partners TechFini to strengthen UPI infrastructure
Tamilnad Mercantile Bank (TMB) has partnered with TechFini, a UPI infrastructure and FinTech solutions provider, to strengthen its UPI acquiring and issuing capabilities across India. […]
NPCI expands digital infrastructure beyond payments
The National Payments Corporation of India (NPCI) is strengthening its institutional framework as it prepares to play a larger role in building the next phase […]
Knight Fintech raises $23.6 million in Accel-led series A funding
Knight Fintech has raised $23.6 million in a Series A funding round led by Accel, with participation from IIFL and Rocket Capital. The round also […]
Mylapay secures $1 million to advance next-generation payment infrastructure
Mylapay has raised $1 million as part of its ongoing capital round, ahead of its planned Series A funding. The round witnessed continued participation from […]
Piramal Finance strengthens credit profile with improved rating outlook
Piramal Finance Limited has received a significant endorsement of its financial strength with CRISIL Ratings assigning a long-term rating of AA+/Stable to the company’s non-convertible […]
IFC partners with HDFC AMC to expand private credit for mid-market firms
The International Finance Corporation (IFC) has partnered with HDFC Asset Management Company (HDFC AMC) to strengthen the availability of structured private credit for India’s mid-market […]
ICICI Bank rolls out Capital Gains Account Scheme from January 2026
ICICI Bank has introduced the Capital Gains Account Scheme (CGAS) for resident individuals and Hindu Undivided Families, following authorisation from the Government of India. The […]
Rediff receives NPCI approval to launch fully Indian-owned UPI app
Rediff.com India has received final approval from the National Payments Corporation of India (NPCI) for a Third-Party Application Provider (TPAP) licence, marking its formal entry […]