Canara Bank and NPCI Bharat BillPay Ltd (NBBL) have announced the launch of cross-border inward bill payment services for Indians based in Oman. NRIs can […]
Category: Enterprise
UBS weighs retaining Credit Suisse unit serving India’s rich
UBS Group AG is considering retaining Credit Suisse Group AG’s private banking unit in India after the emergency rescue of its smaller rival last month, […]
Sunrisers Hyderabad and Bachpan Play School team up for IPL season
Sunrisers Hyderabad (SRH), best known for its terrific bowling squad since winning the maiden title in 2016, has recently announced Bachpan Play School as its […]
JICA, Citi to provide USD 125 mn to Indusind Bank for onlending to agri sector
Japanese lender JICA has teamed up with Citibank to provide a USD 125 million funding line to domestic private sector lender Indusind Bank. Indusind will […]
Softbank-backed OfBusiness to buy Koeleman India
Softbank and Tiger Global-backed OfBusiness has agreed to buy 100% of Koeleman India Pvt. Ltd., marking its entry into the food processing sector, according to […]
Retail loan securitisation rises 56% to Rs 1.76 lakh cr in FY23
Retail loan securitisations jumped a robust 56 per cent to Rs 1.76 lakh crore in the just concluded fiscal 2023, while that of wholesale rose […]
CVC asks banks, govt depts to send factual report on corruption complaints in one month
The Central Vigilance Commission (CVC) has asked public sector banks, insurance companies and government departments to provide factual reports on corruption complaints sent to them […]
SBI looks to raise up to $2 billion in FY24 via overseas bond sales
State Bank of India (SBI), the country’s biggest government-owned entity by market capitalisation, Monday said it plans to garner up to $2 billion in FY24 […]
Arohan Financial Services raises Rs 730 crore in share sale to private equity investors
Microfinance company Arohan Financial Services has raised Rs 730 crore in a share sale to private equity investors in one of the largest fund raises […]
NARCL to step up acquisitions of distressed assets in FY24
The government-promoted National Asset Reconstruction Co Ltd (NARCL) will step up the pace on the acquisition of distressed assets this fiscal year even though it […]