Bank of Maharashtra names Subhasish Roy as Chief Risk Officer
In a strategic move aimed at bolstering its risk management capabilities, the Bank of Maharashtra named Subhasish Roy as its…
02 APR 2024
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Magma HDI General Insurance joins hand with Suryoday Small Finance Bank as their ‘Corporate Agent’ for providing Health Insurance
Magma HDI General Insurance Company, a prominent player in India’s general insurance sector, and Suryoday Small Finance Bank, renowned for…
01 APR 2024
No changes in income tax regime; Finance Ministry slams social media news
The Finance Ministry stated that there would be no additional changes to the income tax regime effective April 1, 2024,…
01 APR 2024
Bank of India increases lending rate by 10 basis points
The state-owned Bank of India (BoI) announced a 10-basis-point increase in lending rates, making retail loans more expensive. The lending…
01 APR 2024
HDFC Bank names Sumant Rampal as mortgage business head
HDFC Bank’s board of directors has named Sumant Rampal’s as the Group Head- Mortgage Business with immediate effect, succeeding Arvind…
30 MAR 2024
IIFL Home Finance Ltd. acquires 5% share in RDCL promoting residential mortgage-backed securitisation in India
IIFL Home Finance Ltd. (IIFL HFL), India’s top housing finance provider, announced its critical foundational role in revolutionising the nation’s…
29 MAR 2024
L&T Finance Holdings Ltd partners with Bajaj Markets to offer Housing Finance solutions
L&T Finance Holdings Ltd. (LTFH), one of the country’s major non-banking financial companies, has formed a strategic agreement with Bajaj…
29 MAR 2024
Moneyboxx Finance expands financial inclusion to Firozabad by opening its 100th branch
Moneyboxx Finance Limited, a BSE-listed organisation that provides small-ticket business loans to microenterprises, has opened a new branch in Firozabad,…
29 MAR 2024
Kotak Mahindra Bank completes acquisition of Sonata Finance for Rs. 537 Crore
On March 28, Kotak Mahindra Bank Ltd announced its full acquisition of Sonata Finance Pvt Ltd, purchasing all issued and…
28 MAR 2024
Hitachi Payment Services deploys 10,000 White Label ATMs to enhance financial inclusion across India
Hitachi Payment Services has announced the successful deployment of 10,000 White Label ATMs (WLAs) under the Hitachi Money Spot ATM…
27 MAR 2024
