RBI Nods for Appointment of Salee Nair as MD & CEO of Tamilnad Mercantile Bank
The Reserve Bank of India (RBI) has given its nod for the appointment of Salee Sukumaran Nair as the Managing…
20 AUG 2024
State Bank of India
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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
Bank of India takes 6% stake in CCIL IFSC
The State Bank of India has acquired a 6.125 per cent share in the recently created CCIL IFSC, which is…
11 JUN 2024
Revolutionizing Auto Insurance: A Deep Dive into Usage-Based Insurance
Innovation is sweeping through the insurance industry, reshaping traditional models, and introducing novel approaches to meet the evolving needs of…
21 DEC 2023
NBFCs at the Forefront – Bridging the Gap with Innovation and Technology
Introduction The traditional banking sector has had its share of success in the past and has been effective in providing…
14 SEP 2023
SBI hikes MCLR based lending rates by 5 bps across all tenures
State Bank of India, country’s largest lender, raised its marginal cost of funds based lending rate (MCLR) by 5 basis…
15 JUL 2023
SBI raises Rs 3,717 crore through sale of AT1 bonds
The country’s largest lender SBI raises Rs 3,717 crore through its third Basel III compliant Extra Tier 1 bond issue…
09 MAR 2023
Innovative fintech models disrupting the banking industry
The technological revolution has redesigned the finance industry from its very inception. Metallurgical advancements brought coins as currency. Then came…
23 FEB 2023
SBI lends Rs 200 million to Red Fort Capital to boost “Quick Business Loan” portfolio
Red Fort Capital Finance, an Investment Grade Non-Bank Finance Company that specialises in providing Quick Business Loans to MSME’s, announced…
19 JAN 2023
AMU Leasing obtains debt fundraising from SBI
AMU Leasing, an EV Exclusive NBFC (Non-Banking Financial Company), has raised an unknown sum in its first formal debt fundraising…
04 JAN 2023
