The Reserve Bank of India (RBI) has introduced updated guidelines for Priority Sector Lending (PSL) aimed at improving credit accessibility for key sectors of the […]
Category: BFSI
Kotak Mahindra Bank appoints Bhavnish Lathia as new CTO
Kotak Mahindra Bank has recently announced the appointment of Bhavnish Lathia as its new Chief Technology Officer (CTO), following the resignation of Milind Nagnur, who […]
RBI approves budget for FY 2025-26, signals shift in monetary policy
The Reserve Bank of India’s (RBI) central board has sanctioned the budget for the financial year 2025-26, setting the course for the institution’s key priorities […]
HSBC appoints Prateek Kumar as Senior Vice President—Asset Analytics
HSBC has appointed Prateek Kumar as the Senior Vice President (VP)—Asset Analytics, leveraging his extensive expertise in retail banking, credit cards, risk management and analytics […]
Satya MicroCapital to serve 10 million households by 2030
Satya MicroCapital has announced its vision to serve 10 million households by 2030. The target aligns with its vision of fostering entrepreneurship and financial independence, particularly […]
Canara Bank becomes India’s first to launch ‘Online Digital Balance Confirmation Certificate’
Canara Bank has become the first Indian bank to introduce an Online Digital Balance Confirmation Certificate through the PSB Alliance portal. The initiative revolutionises the […]
NUCFDC proposes Business Panel to strengthen UCBs
In an initiative to modernise and enhance the efficiency of Urban Cooperative Banks (UCBs), the National Urban Cooperative Finance and Development Corporation (NUCFDC) has launched […]
Piramal Finance and Punjab & Sind Bank forge strategic partnership to expand credit access
Piramal Capital and Housing Finance (Piramal Finance) has partnered with Punjab & Sind Bank under a co-lending arrangement to strengthen financial inclusion by providing tailored […]
SBI to establish CoE for project financing in AI, FinTech and e-commerce
The State Bank of India (SBI) is setting up a specialised unit to address the project financing needs of emerging sectors such as Artificial Intelligence […]
RBI appoints Dr Ajit Ratnakar Joshi as ED
The Reserve Bank of India (RBI) has announced the appointment of Dr Ajit Ratnakar Joshi as its Executive Director (ED). In this capacity, he will […]