Bank of Maharashtra and SBI Card have announced the launch of a co-branded credit card — the Bank of Maharashtra SBI Card. Designed to offer […]
Category: BFSI
Shivalik Small Finance Bank bags Rs 100 crore in equity funding
Shivalik Small Finance Bank (SSFB) has secured Rs 100 crore in equity funding led by SMBC Asia Rising Fund – Japan, the corporate venture capital arm of Sumitomo […]
Central Bank of India expands global reach with new IFSC unit at GIFT city
The Central Bank of India has received approval from the Reserve Bank of India to set up an International Financial Services Centre (IFSC) Banking Unit […]
Paytm Payments Services gets RBI nod to operate as online payment aggregator
Paytm Payments Services Limited (PPSL), a wholly owned subsidiary of One 97 Communications Limited, has received an ‘in-principle’ authorisation from the Reserve Bank of India […]
RBL Bank partners with CAMSPay for merchant settlement service
RBL Bank has announced a strategic partnership with CAMSPay, the payments division of Computer Age Management Services (CAMS), to roll out CAMSPay’s New Payment Gateway, […]
Karur Vysya Bank strengthens presence with three new branches across India
Karur Vysya Bank (KVB) has expanded its footprint with the inauguration of three new branches, located in Trichy, Tamil Nadu; Kurnool, Andhra Pradesh; and Thane, […]
Prithvi Exchange reports 18.66 per cent revenue growth in Q1 FY26
Prithvi Exchange (India) Limited has posted a strong financial performance for the first quarter of FY 2025–26, reporting an 18.66 per cent quarter-on-quarter revenue increase. […]
Avanse Financial Services and AWS to boost technology skills among Indian youth
Avanse Financial Services has announced a strategic partnership with Amazon Web Services (AWS) to make high-quality, industry-relevant technology education accessible to a broader spectrum of […]
AU SFB secures RBI nod to transition into Universal Bank
The Reserve Bank of India (RBI) has granted in-principle approval to AU Small Finance Bank Limited (AUSFB), allowing it to transition into a universal bank, […]
RBI issues new guidelines to streamline co-lending practices
The Reserve Bank of India (RBI) has introduced a fresh set of regulatory guidelines titled ‘The Reserve Bank of India (Co-Lending Arrangements) Directions, 2025’, to […]