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 […]
Tag: finance
NBFCs, together with fintechs
B2B Infomedia organised the 15th edition of NBFC and Fintech Conclave and Awards in Chennai on 18th August, 2023. The event saw participation from more […]
Oracle conducted Financial Services Innovation Exchange to strengthen the Urban Cooperative Banks
B2B Infomedia in association with Oracle has organized Financial Services Innovation Exchange on 26th July 2023, Mumbai focusing Urban Co-operative Banks. The theme of the […]
Reliance General Insurance gets Rs 200 cr capital infusion from parent
Reliance General Insurance Company Ltd (RGICL) on Monday said it has raised a capital of Rs 200 crore by issuing equity shares to debt-ridden parent […]
India’s Piramal plans to raise $1.5bn for private credit
Piramal Alternatives plans to raise $1.5 billion for investment in India’s high-yield companies via private credit, according to its chief executive officer. The unit of […]
Bandhan Financial Holdings to acquire Aegon Life Insurance
Bandhan Financial Holdings (BFHL) has entered into an agreement to acquire the entire stake of Aegon and Bennett, Coleman & Co. Ltd (BCCL) in Aegon […]
Bain Capital to acquire 90% stake in Adani Capital, Adani Housing
Bain Capital, the US-based investment company, announced on July 23 that it has signed a pact to acquire 90% of Adani Capital and Adani Housing. […]
Fino Payments looking to upgrade to small finance bank
Fino Payments Bank is keen to become a small finance bank after having completed five years of operations, Managing Director Rishi Gupta said. The Navi […]
Universal Postal Union to evaluate UPI platform for cross-border remittances using global postal network
The Universal Postal Union will evaluate UPI for integrating the unified payment interface with cross-border remittances using global postal network, an official release said on […]
Reliance General Insurance to get Rs 200 cr capital infusion from Reliance Capital
Lenders of Reliance Capital (RCAP) have approved the capital infusion in Reliance General Insurance to improve solvency margin of the general insurance arm, according to […]