Jupiter receives RBI nods to issue prepaid payment instruments
Neobanking startup Jupiter has announced that it has received final approval from the Reserve Bank of India (RBI) to begin…
13 JUN 2024
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Arab National Bank Enhances IT Resiliency to Support Saudi Arabia’s Vision 2030
As part of Saudi Arabia’s ambitious Vision 2030 initiative aimed at diversifying the economy and embracing digital transformation, the Arab…
13 JUN 2024
SBI General Insurance Names Ajit Sharma as Regional Head for East 2
SBI General Insurance, one of India’s leading general insurers, has announced the appointment of Ajit Sharma as Regional Head for…
12 JUN 2024
Union Bank of India Plans to Raise Rs 10,000 Cr
Union Bank of India, a state-owned financial institution, announced that its board has approved a proposal to raise Rs 10,000…
12 JUN 2024
State Bank of India to Raise $3 Billion Through Debt in FY2025
India’s largest lender, State Bank of India (SBI), has announced a significant capital-raising initiative, with plans to secure up to…
12 JUN 2024
RBI unveils UPI Lite with e-Mandate Framework for Automatic Balance Replenishment
The Reserve Bank of India (RBI) has introduced the integration of UPI Lite with the e-mandate framework, facilitating automatic replenishment…
10 JUN 2024
Vellayan Subbiah of Tube Investments of India Named EY World Entrepreneur of the Year 2024
Vellayan Subbiah, Executive Vice Chairman of Tube Investments of India (TII) and Chairman of Cholamandalam Investment and Finance Co Ltd.,…
08 JUN 2024
RBI nods Zurich Insurance’s Acquisition of 70% Stake in Kotak General Insurance
The Reserve Bank of India (RBI) has approved Zurich Insurance Company’s acquisition of a 70% stake in Kotak Mahindra General…
08 JUN 2024
RBI Maintains Repo Rate at 6.5% Amidst Economic Projections for FY25
The Reserve Bank of India (RBI) has opted to keep the repo rate at 6.5 per cent, marking the eighth…
07 JUN 2024
Bank of India signs MOU with Principal Controller of Defence Accounts (Pensions) through SPARSH
Bank of India, a leading public sector bank, has signed an MOU with the Principal Controller of Defence Accounts (Pensions)…
07 JUN 2024
