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NEWSLETTER, Tuesday 03rd October 2023

South Indian Bank names P R Seshadri as MD & CEO

South Indian Bank (SIB), one of India's premier private sector banks, named P R Seshadri as its new Managing Director and Chief Executive Officer, beginning October 1, 2023.

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L&T Finance partners with Ather Energy to offer up to 100 per cent of Loan-to-Value (LTV) on Electric Vehicles (EV)

L&T Finance announced its partnership with Ather Energy, an electric vehicle manufacturer with a presence in 100+ cities across the country.

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Zeron raises $500K in seed round from Varanium Capital & Yatra Angel Network

Zeron has raised $500,000 in a seed round from Yatra Angel Network and Varanium Capital, a fintech-focused fund.

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BOI partners with WDRA to facilitate financing against electronic Negotiable Warehouse Receipts

Bank of India partnered with the Warehousing Development and Regulatory Authority (WDRA) to promote e-NWR (electronic Negotiable Warehouse Receipts) financing.

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Innovation in Insurance: Enhancing Affordability and Fairness

One of the biggest challenges in the industry today is penetration which is again interlinked with pricing.

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Elets Banking & Finance Post is now on WhatsApp channel; Follow for latest updates from the BFSI realm

Elets Banking & Finance Post has launched a WhatsApp channel.

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AVIVA INDIA names Gyanendra Singh as Chief Technology Officer

Aviva Life Insurance has announced the appointment of Gyanendra Singh as its new Chief Technology Officer (CTO).

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Data Sutram raises $3 million funding to boost product development for BFSI

Data Sutram successfully raised $3 million in its newest fundraising round to further its purpose of assisting enterprises in the Banking, Financial Services, and Insurance (BFSI) sector in finding answers for growth.

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YES BANK names Manish Jain as Country Head - Wholesale Banking

YES BANK names Manish Jain as Country Head of Wholesale Banking, after Ravi Thoda, Country Head- Large Corporates resigns from his post.

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Gujarat's Chief Minister Shri. Bhupendrabhai Patel inaugurates 5000th branch of Axis Bank in Ahmedabad

Axis Bank, one of India's major private sector banks, marked a historical milestone today with the opening of its 5000th branch in Ahmedabad, Gujarat.

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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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