Pay Point India Network has joined the Centralised Payment System (CPS) operated by the Reserve Bank of India, marking a shift in access to core […]
Tag: FinancialServices
Oracle extends agentic AI platform to corporate banking
Oracle Financial Services has announced the extension of its agentic AI platform into corporate banking, introducing embedded AI capabilities and agents designed to enhance efficiency, […]
Poonawalla Fincorp raises Rs 2500 crore through QIP to fuel growth
Poonawalla Fincorp Limited has successfully raised Rs 2,500 crore through a Qualified Institutions Placement (QIP) to support its lending expansion and diversify its asset portfolio. […]
MUFG invests Rs 3.96 lakh crore in Shriram Finance for 20 per cent stake
MUFG Bank Ltd has subscribed to over 47.1 crore equity shares of Shriram Finance Limited, investing approximately Rs 3.96 lakh crore to acquire a 20 […]
RBL Bank expands network with 23 new branches
RBL Bank has opened 23 new full-service branches across multiple states, taking its total network to 603 branches, as part of its expansion strategy aimed […]
IndoStar Capital strengthens core NBFC focus with solid Q3 performance
IndoStar Capital Finance Limited has reported steady operational momentum in the third quarter of FY26, driven by higher disbursements, improving profitability metrics, and a sharper […]
RBI proposes sweeping changes to NBFC framework
The Reserve Bank of India’s has proposed regulatory changes for non-banking finance companies could lead to a substantial consolidation of the sector, potentially cutting the […]
Punjab & Sind Bank opens branch at GIFT City with RBI Approval
Punjab & Sind Bank has secured approval from the Reserve Bank of India (RBI) to establish a branch at the International Financial Services Centre (IFSC) […]
Poonawalla Fincorp rolls out five new enterprise AI solutions
Poonawalla Fincorp Limited (PFL) has announced the deployment of five new artificial intelligence-led enterprise solutions as part of its ongoing AI-first transformation. The initiatives extend […]
Karur Vysya Bank expands Maharashtra presence with new Pune branch
Karur Vysya Bank (KVB) has strengthened its presence in Maharashtra with the inauguration of a new branch in Pune’s Sahakar Nagar. The opening marks an […]