The Financial Services Institutions Bureau (FSIB) has recommended Binod Kumar, the Executive Director (ED) of Punjab National Bank, for the role of Managing Director (MD) […]
Category: BFSI
Microfinance lending in Uttar Pradesh climbs 10 per cent to Rs 40,840 crore in FY2024
The microfinance sector in Uttar Pradesh (UP) witnessed robust growth, with the credit pool rising by nearly 10 per cent Year-on-Year (Y-o-Y) to reach Rs […]
Mastercard Partners with Buna to revolutionise cross-border payments in MENA
Mastercard has partnered with the Arab Regional Payment System, Buna, to enhance cross-border payment efficiency into and out of the Middle East and North Africa […]
Repco Home Finance reports 14.4 per cent YoY profit growth in Q2 FY25
Repco Home Finance reported a 14.4 per cent Year-on-Year (YoY) increase in net profit for Quarter 2 Financial Year 2025 (Q2 FY25), reaching Rs 108.7 […]
RBI reaffirms State Bank of India, HDFC Bank and ICICI Bank as D-SIBs
The Reserve Bank of India (RBI) has announced State Bank of India (SBI), HDFC Bank and ICICI Bank to continue to be classified as Domestic […]
Shriram General Insurance partners with Muthoot Group to expand access to general insurance
Shriram General Insurance Company (SGIC) has tied a partnership with The Muthoot Group, enabling Muthoot Securities customers to conveniently access SGIC’s suite of general insurance […]
NPCI launches ‘Always Forward’ brand positioning to propel digital payment advancement
The National Payments Corporation of India (NPCI) has launched a new brand positioning, ‘Always Forward,’ underscoring its dedication to innovation and inclusivity in the financial […]
Finance Minister Nirmala Sitharaman unveils five Union Bank’s Nari Shakti branches
Finance Minister Nirmala Sitharaman has launched five Nari Shakti branches of Union Bank of India. These branches, located in Bengaluru, Chennai, Visakhapatnam and Jaipur, are […]
SBI partners with APIX to launch SBI Innovation Hub for FinTech innovation and financial inclusion
The State Bank of India (SBI) has launched the SBI Innovation Hub, in collaboration with APIX, a platform that brings together financial institutions and FinTech […]
Namdev Finvest welcomes Dominic Vijay Kumar as new Head of Technology
Namdev Finvest has appointed Dominic Vijay Kumar as its new Head of Technology. Bringing over 23 years of experience in the Banking, Financial Services and […]