Tata AIA Life Insurance has appointed Venkatachalam H as President and Chief Distribution Officer (CDO) as MD and CEO, subject to regulatory approval. Venkatachalam , who joined […]
Category: BFSI
Mufin Green Finance raises Rs 140 crore in Series B funding
Mufin Green Finance has raised Rs 140 crore in Series B round of equity funding. The capital will be used to accelerate Mufin’s growth trajectory […]
IRDAI grants approval for Axis Bank’s capital infusion into Max Life
The Insurance Regulatory and Development Authority of India (IRDAI) has granted approval for Axis Bank’s capital infusion into Max Life. According to a filing by […]
Aviva India unveils ‘Aviva Mid-Cap Fund’
Aviva Life Insurance recently launched Aviva MidCap Fund, a portfolio that invests in mid-cap equities with the goal of achieving long-term financial appreciation. Interested investors […]
Bandhan Bank appoints Santosh Nair as Head – Customer Lending and Mortgages
Bandhan Bank has recently named Santosh Nair, the former Chief Executive Officer (CEO), HDFC Sales, as Head of Consumer Lending and Mortgages. Shantanu Sengupta, Head […]
NABARD anticipates 16 per cent surge in West Bengal’s priority sector lending
The National Bank for Agriculture and Rural Development (NABARD) has projected a double-digit growth in priority sector lending potential of Rs 3.15 lakh crore in […]
Northern Arc Capital files IPO papers with SEBI
Northern Arc Capital has filed preliminary papers with the Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO). […]
ESAF partners with Edelweiss Tokio to offer life insurance products
ESAF Small Finance Bank has declared a bancassurance collaboration with Edelweiss Tokio Life Insurance. The partnership plays a role in ESAF Small Finance Bank’s strategy […]
U GRO Capital raises Rs 2,500 million from Asian Development Bank
U GRO Capital has raised Rs 2,500 million through Non-Convertible Debentures (NCDs) from Asian Development Bank (ADB). Speaking in this regard, Shachindra Nath, Founder and […]
AU Small Finance Bank appoints HR Khan as part-time Chairman
AU Small Finance Bank (SFB) has appointed Reserve Bank of India’s (RBI) former Deputy Governor HR Khan as part-time Chairman. In an exchange notification, the […]