Kotak Investment Advisors raised $1.25 billion for its second special situations fund
A subsidiary of Kotak Mahindra Bank has raised $1.25 billion for its second special situations fund, today. The funds would…
28 MAR 2023
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HDFC approved issuance of NCDs worth Rs 57,000 cr ahead of its merger with HDFC Bank
The board of Housing Development Finance Corp Ltd approved the issue of redeemable non-convertible debentures worth Rs 57,000 crore in…
28 MAR 2023
SEBI mandates KYC for E-wallets used to invest in Mutual Funds
SEBI has advised fund companies to ensure that mutual fund transactions are completed using KYC-compliant e-wallets. This will become effective…
27 MAR 2023
Former Brazilian President Dilma Rousseff appointed as new President of BRICS Bank
Former Brazilian President Dilma Vana Rousseff elected as new President of The New Development Bank (NDB), succeeding Marcus Troyjo. The…
27 MAR 2023
Axis Bank launches ‘MicroPay’ based on ‘Pin on Mobile’ technology for digital payments
The first pocket-sized swipe reader in India based on “Pin on Mobile” technology was introduced by private sector lender Axis…
24 MAR 2023
Bandhan Bank names Ratan Kumar Kesh as Executive Director
Ratan Kumar Kesh was appointed executive director of private lender Bandhan Bank on Wednesday. The bank stated in a statement…
23 MAR 2023
The RBI instructed banks to keep branches open until March 31 for annual closing
With the annual closing of accounts slated for March 31 as the fiscal year 2022-23 comes to an end, the…
22 MAR 2023
BoB launches co-branded debit card under TN govt scheme for female students
The public sector Bank of Baroda has teamed with the Tamil Nadu government to offer a co-branded RuPay Platinum Debit…
18 MAR 2023
Ecofy partnered with Mahindra Solarize to provide collateral-free solar rooftop loans
Ecofy, an NBFC supported by Eversource Capital that provides green finance for climate-positive segments, announces a collaboration with Mahindra Solarize,…
17 MAR 2023
E-rupees worth more than Rs 130 crore in circulation: FM Sitharaman
Digital or e-rupee worth over Rs 130 crore is in circulation as of February 28, according to Finance Minister Nirmala…
14 MAR 2023
