RBI data: Bank credit growth hits 9 year high at 15.5 per cent
Commercial bank credit growth reached a nearly nine-year high for the week ending August 26 at a rate of 15.5…
10 SEP 2022
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YES Bank to transfer asset worth $6 bn to private equity firm J.C Flowers
The next board meeting of Indian lender Yes Bank is expected to accept the transfer of stressed assets worth 480…
10 SEP 2022
HDFC Bank, Institute of Economic Growth ink MoU to conduct independent research
In order to support a Chair to conduct independent research, HDFC Bank and the Institute of Economic Growth (IEG) have…
09 SEP 2022
RBL Bank: CFO Amrut Palal passes away
Amrut Palan, the lender’s chief financial officer (CFO), passed suddenly on September 8 according to a regulatory filing. RBL Bank…
09 SEP 2022
Axis Bank partners PayNearby to reach out remote areas
Third-biggest private sector bank in India, Axis Bank, has teamed up with PayNearby, the country’s largest branchless banking and digital…
08 SEP 2022
HDFC launches “Bank on Wheels” in Gujarat
Private lender HDFC Bank took to microblogging site Twitter on Wednesday to announce the launch its Bank on Wheels service…
08 SEP 2022
PhonePe tokenises 1.4 Crore debit & credit cards in line with RBI’s tokenisation mandate
PhonePe, India’s leading fintech platform, announced that it has tokenised 1.4 Crore (14 Mn) debit and credit cards on its…
08 SEP 2022
JK Tech onboards Dipankar Ganguly as Chief Technology Officer
JK Tech announced the appointment of Dipankar Ganguly as Chief Technology Officer (CTO). In his role, Dipankar will be responsible…
08 SEP 2022
Ayekart start-up, secures $5.5 Mn as equity and debt fund
Ayekart, India’s first integrated tech platform in the food and agri value chain has successfully raised $ 5.5 million through…
07 SEP 2022
Temenos and Bahwan CyberTek forge exclusive partnership to expand market reach
Temenos (TEMN) and Bahwan CyberTek (BCT), a global digital transformation company, today announced the signing of an exclusive strategic agreement…
07 SEP 2022
