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 […]
Category: BFSI
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 […]
PNB MetLife appoints Sameer Bansal as CEO
PNB MetLife India Insurance today appointed Sameer Bansal as Managing Director (MD) and Chief Executive Officer (CEO), starting 1st July, 2024, subject to the necessary […]
Edelweiss Tokio Life Insurance renamed as Edelweiss Life Insurance
Edelweiss Tokio Life Insurance has been renamed as Edelweiss Life Insurance, according to a company statement. Sumit Rai, MD and CEO, Edelweiss Life Insurance, said […]
Jana Small Finance Bank introduces Exclusive Banking Programme and Legend Savings Account
Jana Small Finance Bank has unveiled two premium products, the Exclusive Banking Programme and Legend Savings Account, aimed at addressing the requirements of its wide-ranging […]
Satin Creditcare secures Rs 332 crore funding from FMO
Satin Creditcare Network has raised Rs 332 crore from sovereign Dutch Entrepreneurial Development Bank FMO. The funds have been mobilised by the company through issuance […]