Aditya Birla Capital has become the first financial services company to integrate lending, insurance and investment solutions on the Open Network for Digital Commerce (ONDC). […]
Tag: financial inclusion
M2P Fintech and SBI join hands to revolutionise prepaid payment ecosystem
In a strategic move to enhance the prepaid payment ecosystem, M2P Fintech has partnered with the State Bank of India (SBI) to deliver seamless and […]
TransUnion CIBIL appoints Bhavesh Jain as new Managing Director and CEO
TransUnion CIBIL has announced the appointment of Mr. Bhavesh Jain as its new Managing Director (MD) and Chief Executive Officer (CEO). Jain succeeds Rajesh Kumar, […]
RBI raises UPI Lite wallet limit to Rs 5,000 and boosts per-transaction cap to Rs 1,000
The Reserve Bank of India (RBI) has increased the UPI Lite wallet limit to Rs 5,000 and the per-transaction cap to Rs 1,000, aiming to […]
RBI slashes CRR by 50 basis points to boost liquidity and credit growth
The Reserve Bank of India (RBI) has announced a phased reduction in the Cash Reserve Ratio (CRR) by 50 basis points, bringing it down to […]
AU Small Finance Bank partners with Bharti AXA Life Insurance to expand bancassurance offerings
AU Small Finance Bank (AU SFB), has partnered with Bharti AXA Life Insurance to offer its customers a suite of life insurance and financial security […]
Microfinance lending in Uttar Pradesh climbs 10 per cent to Rs 40,840 crore in FY2024
The microfinance sector in Uttar Pradesh (UP) witnessed robust growth, with the credit pool rising by nearly 10 per cent Year-on-Year (Y-o-Y) to reach Rs […]
Mastercard Partners with Buna to revolutionise cross-border payments in MENA
Mastercard has partnered with the Arab Regional Payment System, Buna, to enhance cross-border payment efficiency into and out of the Middle East and North Africa […]
Shriram General Insurance partners with Muthoot Group to expand access to general insurance
Shriram General Insurance Company (SGIC) has tied a partnership with The Muthoot Group, enabling Muthoot Securities customers to conveniently access SGIC’s suite of general insurance […]
SBI partners with APIX to launch SBI Innovation Hub for FinTech innovation and financial inclusion
The State Bank of India (SBI) has launched the SBI Innovation Hub, in collaboration with APIX, a platform that brings together financial institutions and FinTech […]