ICICI Bank on Friday announced a commitment to contribute ₹1,200 crore towards Tata Memorial Centre (TMC), to expand infrastructure at three cancer treatment hubs. The […]
Tag: bfsi
Karbon Card, a B2B payment solution provider, has launched the country’s first mobile-based expense management card.
The company said the new card will help startups and small businesses that are constantly facing challenges, causing disruptions in their day-to-day operations and forced […]
Future Generali to now let policy buyers customise their health insurance plans
Future Generali India Insurance today launched a new health insurance plan that can be tailor-made to address growing aversion of customers to inclusion of standardised […]
360 One Asset raises Rs 2,130 crore for latest private credit fund
360 ONE Asset Management (formerly known as IIFL Asset Management Limited) has raised Rs 2,130 crore for its fourth private credit fund, exceeding its initial […]
Aditya Birla Group to invest Rs 1,250 crore into its financial services arm
Aditya Birla Group is set to pump in Rs 1,250 crore into its financial services arm Aditya Birla Capital Ltd. The board of Aditya Birla […]
Watch out for rising risk appetites among Indian banks, says Fitch
The rapid rise in loans and high exposure to certain asset classes may affect the risk profiles of Indian banks as it indicates a greater […]
Jana Small Finance Bank raises ₹1,200 crore to refinance holdco debt
Bengaluru-based Jana Small Finance Bank’s (SFB) holding companies have raised around ₹1,200 crore of fresh debt from shareholders TPG Capital and Singapore’s sovereign wealth fund […]
Manappuram Finance launches digital money lending app
Seeking to tap into the growing digital lending sector, Kerala-based Manappuram Finance Ltd has launched Ma-Money, a new digital lending platform. The objective of introducing […]
Government appoints Ashwani Kumar as MD of UCO Bank
The government on Wednesday appointed Ashwani Kumar as managing director of UCO Bank in place of Soma Sankara Prasad whose terms comes to an end. […]
Bank loans to most sectors rise in April, industry demand muted
Bank lending continued to rise in April as credit demand picked up across sectors barring industry. Non-food credit rose 16.1% in April from 11.4% a […]