IREP Credit Capital, a leading non-deposit taking Non-Banking Financial Company (NBFC-ND) dedicated to provide financial services to Micro, Small and Medium Enterprises (MSMEs), and AllCloud […]
Category: BFSI
RBI sets new rules for cooperative banks’ bad debt reserves
The Reserve Bank of India (RBI) has released new guidelines for the prudential treatment of Bad and Doubtful Debt Reserve (BDDR) by cooperative banks. The […]
RBI approves re-appointment of Inderjit Camotra as Unity SFB Chief for two years
The Reserve Bank of India (RBI) has given the green light for Inderjit Camotra to continue as Managing Director (MD) and Chief Executive Officer (CEO) […]
Clix Capital secures Rs 220 crore to power growth in MSME, Education, and Healthcare lending
Clix Capital has secured Rs 220 crore in funding, led by existing investors Apollo Global Management, Pramod Bhasin and Anil Chawla. The company plans to […]
PNB MetLife unveils Bharat Manufacturing Fund
PNB MetLife India Insurance Company has announced the launch of Bharat Manufacturing Fund, a new fund option within its Unit Linked Insurance Plan (ULIP) category. […]
NIIT IFBI launches ACE Banker Programme in collaboration with HDFC Bank
NIIT Institute of Finance, Banking and Insurance (NIIT IFBI), a division of NIIT, has announced the launch of the “ACE Banker Programme” in partnership with […]
Cashfree Payments secures RBI’s cross-border Payment Aggregator licence
Cashfree Payments has announced its achievement as the first payment service provider to receive the Reserve Bank of India (RBI’s) Payment Aggregator (PA) licence for […]
Sidbi appoints Manoj Mittal as the new Chairman and Managing Director
Manoj Mittal has taken charge as Chairman and Managing Director (CMD) of the Small Industries Development Bank of India (SIDBI), following his nomination by the […]
Federal Bank appoints KVS Manian as MD and CEO
The Reserve Bank of India (RBI) has approved the appointment of Krishnan Venkat Subramanian, popularly known as KVS Manian, as the Managing Director and Chief […]
Budget 2024: Industry leaders react to FM Sitharaman’s nine priority areas
Finance Minister Nirmala Sitharaman presented the highly anticipated Budget 2024 today, outlining nine strategic priorities aimed at driving India’s growth. These include productivity and resilience […]