Life Insurance Corporation of India (LIC) has entered a Memorandum of Understanding (MoU) with the Department of Rural Development (DoRD), Ministry of Rural Development, Government […]
Category: BFSI
Jana Small Finance Bank delivers steady Q1 with Rs102 crore PAT
Jana Small Finance Bank (Jana SFB) has reported a net profit of Rs 102 crore for the first quarter of FY26, after setting aside accelerated […]
Reserve Bank of India issues draft guidelines on digital banking to bolster customer protection
The Reserve Bank of India (RBI) has issued a draft circular outlining new guidelines for digital banking. The proposed rules emphasise enhanced customer protection, transparency, […]
Shriram Life Insurance join hands with ESAF Small Finance Bank to serve underserved markets
Shriram Life Insurance Company (SLIC) has entered a strategic partnership with ESAF Small Finance Bank to broaden the reach of life insurance products across underserved […]
PNB Housing Finance reports strong Q1 FY26 results with 23 per cent YoY profit surge
PNB Housing Finance Limited (PNBHFL) has reported a robust financial performance for the first quarter of fiscal year 2025-26, registering a 23 per cent year-on-year […]
Equitas Small Finance Bank unveils new FCNR deposit option
Equitas Small Finance Bank has introduced two new banking solutions designed specifically for Non-Resident Indians (NRIs) and seafarers, the Foreign Currency Non-Resident FCNR (B) Deposit […]
YES Bank records strong Q1 results with Rs 801 crores in net profit
YES Bank has reported a net profit of Rs 801 crore for the quarter ended June 30, 2025 (Q1 FY26), reflecting a year-on-year growth of […]
Jio Financial join hands with Allianz to power India’s reinsurance market
Jio Financial Services and Jio Financial Services have announced the formation of a 50:50 domestic reinsurance joint venture to serve India’s rapidly expanding insurance market. […]
South Indian Bank reports Rs. 321.95 crore net profit in Q1 FY2025-26
South Indian Bank has announced a net profit of Rs. 321.95 crore for the quarter ended 30 June 2025, marking a growth of 9.46 per […]
Mufin Green Finance bags Rs 54.4 crore from Developing World Markets
Mufin Green Finance has secured Rs 54.4 crore (USD 6.5 million) through the issuance of secured, unrated, unlisted, redeemable, taxable, transferable, non-convertible debentures (NCDs) on […]