Paytm Cloud Technologies, a wholly owned subsidiary of Paytm, has approved a $1 million (Rs 8.7 crore) investment to acquire a 25 per cent stake […]
Tag: financial services
Poonawalla Fincorp embarks on AI revolution in HR processes
Poonawalla Fincorp, a Non-Banking Finance Company (NBFC) under the Cyrus Poonawalla Group, has adapted Artificial Intelligence (AI) in Human Resource (HR) processes, significantly transforming recruitment […]
Magma HDI partners with IndoStar Capital Finance to expand insurance reach
Magma HDI General Insurance has entered into a partnership with IndoStar Capital Finance Limited (ICFL), a non-banking financial company (NBFC). This collaboration aims to enhance […]
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, […]
Indian Bank recommends Binod Kumar as the new MD and CEO
The Financial Services Institutions Bureau (FSIB) has recommended Binod Kumar, the Executive Director (ED) of Punjab National Bank, for the role of Managing Director (MD) […]
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 […]
Fedbank Financial Services appoints Parvez Mulla as MD & CEO
The Board of Directors of Fedbank Financial Services has appointed Parvez Mulla as Managing Director (MD) & Chief Executive Officer (CEO) for a term of […]
Purple Finance successfully closes oversubscribed rights issue by 1.5 times
Micro, Small and Medium Enterprises (MSME)-focused NBFC, Purple Finance, recently has successfully closed its recent rights issue, which was oversubscribed by 1.5 times. The company […]
SBM Bank India strengthens leadership team with two strategic appointments
In a strategic move to bolster its business growth and enhance client satisfaction, SBM Bank India has announced the appointment of two senior executives to […]
Usha Financial Services targets Rs 5,500 million AUM by March 2025
Usha Financial Services has set a target of achieving Assets Under Management (AUM) of Rs 5,500 million by March 2025. This announcement follows the company’s […]