ICICI Bank to offer 8% pay hike to its Frontline employees amid COVID-19
India’s second-largest private sector lender ICICI Bank has taken the decision to reward more than 80,000 of its frontline employees with a…
08 JUL 2020
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YES Bank planning to raise capital through further public offering
Private sector lender YES Bank said that it is planning to raise funds via follow on public offer or Further…
08 JUL 2020
ICICI Bank surpasses 1 million users on its WhatsApp banking platform
Private lender ICICI Bank has crossed the milestone of 1 million users on its WhatsApp banking platform. Three months ago…
07 JUL 2020
A Shiju Rawther joins Poonawalla Finance as Chief Information Officer
A Shiju Rawther, former Executive Vice President, Technology at IIFL Finance Limited has been named as the new Chief Information Officer…
07 JUL 2020
Profectus Capital, LeadSquared partner to revolutionize SME Lending
Non-Banking Financial Company (NBFC) Profectus Capital has partnered with LeadSquared, a new age Lending CRM, in a bid to enhance…
04 JUL 2020
Income tax dept launches new tool to calculate TDS rate under Section 194N
In sync with the new set of rules pertaining to Tax Deducted at Source (TDS) on cash withdrawals set to…
04 JUL 2020
Union Bank of India broadens Insurance distribution channels post-merger
Union Bank of India will be expanding its Insurance distribution channels post-amalgamation. The Public Sector lender was merged with Andhra…
03 JUL 2020
Indiabulls Housing Finance raises Rs 2,000 crore fund from leading 7 PSBs
Mumbai-based Indiabulls Housing Finance Limited has raised nearly Rs 2,000 crore from leading public sector banks (PSBs) through non-convertible debentures…
03 JUL 2020
India needs FDI worth Rs 50 to 60 trillion to level-up corona hit economy: Nitin Gadkari
In a bid to boost Covid-19 hit economy, India needs Foreign Direct Investment (FDI) worth Rs 50 to 60 trillion,…
02 JUL 2020
Axis Bank likely to raise Rs15,000 crore through share sale
India’s third largest private lender Axis Bank Ltd will be raising up to Rs 15,000 crore. The bank’s board has cleared…
02 JUL 2020
