For decades, millions of Indians lived on the fringes of the formal financial system. No documentation meant no bank accounts, no access to credit, and […]
Tag: Banking
Emirates NBD to secure 60 percent majority stake at RBL Bank
Emirates NBD (ENBD) has acquired up to a 60 per cent stake in RBL Bank through a primary infusion of approximately USD 3 billion (around […]
PNB opens first startup-centric branch in New Delhi
Punjab National Bank (PNB) has inaugurated its first Startup-centric Branch at Bhikaji Cama Place in New Delhi, marking a significant step towards fostering entrepreneurship and […]
AU SFB ties up with SBI Life Insurance to expand insurance access across India
AU Small Finance Bank (AU SFB) has signed a corporate agency partnership with SBI Life Insurance. The collaboration aims to enhance access to comprehensive insurance […]
Satin Creditcare strengthens board with new appointments
Satin Creditcare Network Limited (SCNL) has further strengthened its governance framework with the appointment of Ashok Kumar Sharma and Anupam Kunal Gangaher as Independent Directors […]
Kyndryl to power ESAF’s digital banking ambitions
Kyndryl has been chosen by ESAF Small Finance Bank to transform and manage the mission-critical technology that underpins its operations and future banking capabilities. Kyndryl […]
Patanjali’s Tech Arm debuts in banking sector with AI-driven ERP platform
Bharuwa Solutions, the tech-based arm of Patanjali Group, has introduced an AI-driven, multilingual ERP platform for cooperative and regional banks, marking its entry into India’s […]
RBI unveils NBFCs in upper layer under scale-based regulation for 2024-25
The Reserve Bank of India (RBI) has announced the list of Non-Banking Financial Companies (NBFCs) classified under the Upper Layer (NBFC-UL) for the financial year […]