The Banking & Finance Post Newsletter

NEWSLETTER, Tuesday 29^th August 2023

Elets 8th BFSI Leadership Summit: A Convergence of Tech Innovators Shaping the Future of Finance

Elets Technomedia and The Banking & Finance Post successfully wrapped-up the 8th edition of Elets BFSI Leadership Summit at Sahara Star, Mumbai.

FIDC Appoints Umesh Revankar as New Chairman

Umesh Revankar has been named as the new Chairman of the Finance Industry Development Council (FIDC), the organization that represents NBFCs in India that provide asset and loan finance.

Refreshing the Fair Practices Requirements Under Digital Lending

The Reserve Bank of India issued the digital lending guidelines in September 2022 which brought in a significant disruption in the fintech industry.

HDFC Bank partners with Marriott Bonvoy: Launches India's first co-branded hotel credit card

HDFC Bank partners with the 'Marriott Bonvoy' to launch India's first co-branded hotel credit card, "Marriott Bonvoy HDFC Bank Credit Card".

Aye Finance reports remarkable profits: Delivers 38.67 Crores PAT in Q1 of FY24

Aye Finance provides unsecured small-ticket business loans, proved its extraordinary development trajectory yet again by generating significant profitability in the first quarter of fiscal year 2023-24.

RBL Bank raised savings deposit interest rates up to 150 basis points

RBL Bank, a private lender, raised the interest rate on savings deposits in selected buckets by up to 150 basis points, effective August 21, 2023.

Gold Loan NBFCs provide much-needed respite to MSMEs facing funding challenges for growth

In a rapidly evolving economic landscape MSMEs have long been the backbone of economies worldwide, driving innovation, generating employment, and contributing significantly to GDPs.

The Banking & Finance Post, a bi-monthly magazine published by Elets Technomedia Pvt Ltd, prides itself in spotting and highlighting key trends in the BFSI sector.
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