AU Small Finance Bank Ltd has reported its results for the Q4, with net profit rising 65.1 per cent year-on-year to Rs 831.4 crore, compared […]
Tag: india
MobiKwik gets RBI approval for NBFC licence
MobiKwik Group has received approval from the Reserve Bank of India (RBI) for its Non-Banking Financial Company (NBFC) licence, marking a step in its plan […]
DCB Bank Q4 profit rises 16 per cent and approves Rs 1500 crore raise
DCB Bank has reported its Q4 earnings with profit and net interest income rising on a year-on-year basis, according to an exchange filing. Shares of […]
SBI raises Rs 6,051 crores via Tier 2 bond issuance
State Bank of India (SBI) has raised Rs 6,051 crores at a coupon rate of 7.05 per cent through its second Basel III-compliant Tier 2 […]
Paisalo Digital completes maiden ECB issuance
Paisalo Digital Limited has successfully completed its inaugural External Commercial Borrowing (ECB) transaction. The deal, amounting to USD 15 million, marks a significant advancement in […]
Jio Payments Bank launches UPI-based cash withdrawal service
Jio Payments Bank Limited (JPBL) has introduced UPI-based cash withdrawal through its Business Correspondent (BC) touchpoints, marking an important step towards strengthening India’s digital payments […]
India, UAE sign MoUs for promoting local currencies in cross-border trade
The Reserve Bank of India and the Central Bank of UAE (CBUAE) on Saturday signed two Memorandums of Understanding (MoU) to strengthen the use of […]
HSBC relaunches private banking in India
Hong Kong and Shanghai Banking Corp Ltd (HSBC) has relaunched its private banking business in India almost eight years after it closed the division amid […]
Future LoCs to Africa could cover defence, says EXIM Bank MD
India’s future Lines of Credit (LoCs) to Africa could focus on defence exports to meet the requirements of the continent, MD of EXIM Bank of […]
UAE emerges as fourth largest investor in India in FY23
The United Arab Emirates (UAE), with which India implemented a comprehensive free trade agreement in May last year, has emerged as the fourth largest investor […]