Bandhan Bank has announced that the Reserve Bank of India (RBI) has appointed Arun Kumar Singh as an Additional Director on the Board of the […]
Category: BFSI
Namdev Finvest partners with Bajaj Allianz General Insurance to provide comprehensive financial solutions
Jaipur-based NBFC Namdev Finvest has partnered with Bajaj Allianz General Insurance to provide comprehensive financial solutions, including insurance and NBFC services, and to elevate customer […]
ACE partners with Bank of Baroda for construction equipment financing
Action Construction Equipment (ACE) has entered into a Memorandum of Understanding (MoU) with Bank of Baroda to facilitate financing solutions for construction equipment businesses. The […]
RBI invites applications for recognising Self-Regulatory Organisations for NBFCs
The Reserve Bank of India (RBI) has opened applications to recognise Self-Regulatory Organisations (SROs) for Non-Banking Financial Companies (NBFCs) under its newly established Omnibus Framework. […]
Ajith Kumar KK becomes new MD and CEO for Dhanlaxmi bank
Ajith Kumar KK has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Dhanlaxmi Bank. In a regulatory filing, the appointment […]
Shivalik small finance bank bags Rs 100 crore in equity investment
Shivalik Small Finance Bank has bagged Rs 100 crore in equity co-led by venture capital firm Lightspeed and Sanjay Nayar-founded Sorin Investments, along with participation […]
Dvara KGFS secures $7 million in debt financing from Enabling Qapital
Dvara Kshetriya Gramin Financials (KGFS) yesterday announced a debt raise of $7 million, for the second time, through External Commercial Borrowings (ECBs) from Enabling Qapital, […]
RBI grants wallet licence to neobank Jupiter
Neo-banking startup Jupiter has secured a prepaid payment license from the Reserve Bank of India (RBI). A Prepaid Payment Instrument (PPI) licence is a regulatory […]
SBI launches ‘SME Digital Business Loans’
The State Bank of India (SBI) has launched ‘SME Digital Business Loans,’ a new service designed to provide fast loan approvals for Small and Medium […]
Bank of Baroda launches hackathon on generative AI in collaboration with Microsoft
Bank of Baroda has launched a nation-wide online hackathon on generative Artificial Intelligence (AI), in collaboration with Microsoft. The hackathon aims to inspire participants to […]