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 […]
Tag: FinancialServices
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 […]
ICICI Bank takes full control of ICICI Prudential Pension Fund
ICICI Bank Limited has completed the acquisition of 100 per cent equity in ICICI Prudential Pension Funds Management Company Limited (ICICI PFM) from ICICI Prudential […]
SG Finserve loan book crosses Rs 3,200 crore on strong Q3 growth momentum
SG Finserve Limited (SGFL) reported a robust expansion in its lending business, closing the third quarter of FY26 with a loan book of approximately Rs […]
Indian Overseas Bank secures RBI approval to set up IFSC banking unit at GIFT city
Indian Overseas Bank has received approval from the Reserve Bank of India to establish an International Financial Services Centre (IFSC) Banking Unit at GIFT City, […]