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Banking

DBS Bank India collaborates with StartupTN to foster entrepreneurship in Tamil Nadu

Chennai : DBS Bank India announced a strategic partnership with StartupTN, the nodal agency of the Government of Tamil Nadu that is playing a crucial role in fostering innovation and promoting entrepreneurship throughout the State. Tamil Nadu ranks among the top 10 States in India for number of startups and is an emerging entrepreneurial hub. […]

Banking

South Indian Bank Sets a New Record with a 9-month Net Profit of Rs. 782.52 Crore

South Indian Bank declared Net Profit of Rs. 305.36 Cr for Q3 FY 23-24 registering a growth of 197.19% compared to Rs. 102.75 Cr in Q3 FY 22-23. Key Highlights Operating profit for the quarter increased by 137.87% from Rs. 203.24 Cr in Q3 FY 23 to Rs. 483.45 Cr in Q3 FY 24 Net […]

Banking

Fino Bank to increase physical as well as digital footprint in West Bengal

Kolkata : Fino Payments Bank (“Fino Bank”, “Bank”) plans to set up branchless points at every 300 meters in an effort to bring banking services closer to industrial areas and IT hubs across West Bengal. Banking points at such short distances would be beneficial to people working and living near an estimated 10 million micro, […]

Banking

Karnataka Bank And Clix Capital Enter Into Co-Lending Partnership Through Yubi Platform

Bengaluru : Karnataka Bank (KBL), a leading Private Sector Bank and Clix Capital, one of India’s fastest growing new-age NBFCs, have entered into a strategic digital co-lending partnership through Yubi Co.lend Platform. This partnership is focused on providing loans to the Indian MSME sector which is one of the biggest contributors to India’s GDP and […]

Banking

YES BANK marks historic milestone

Mumbai : YES BANK becomes the first Indian Bank to execute an export finance transaction on the International Trade Financing Services Platform (ITFS) of RXIL Global IFSC Limited (RXIL), a leading cross-border fintech company registered under the International Financial Services Centres Authority (IFSCA). This strategic partnership facilitates arranging credit for exporters & importers from both […]

Banking

IndusInd Bank and EazyDiner collaboratively launch the ‘EazyDiner IndusInd Bank Platinum Credit Card’ to redefine dining experience for customers

Bengaluru : IndusInd Bank today announced the launch of the ‘EazyDiner IndusInd Bank Platinum Credit Card’, in collaboration with EazyDiner. With no joining fees and a host of other benefits to ensure that fabulous dining experiences are enjoyed by everybody, this card distinguishes itself as an entry variant from the existing EazyDiner credit card by […]

Banking

Bank of Baroda launches bob 360 – a Short-Term Deposit Scheme

Bank of Baroda (Bank), one of India’s leading public sector banks, today announced the launch of the bob 360 Deposit Scheme, a special short-term retail deposit scheme offering higher interest rates up to 7.60% p.a. for 360 days, which includes 0.50% p.a. for senior citizens. The scheme opens on 15th January, 2024 and is applicable […]

Banking

Bank of Baroda’s 6th edition of Baroda Kisan Pakhwada Concludes, Connects with over 465,000 farmers

New Delhi : Bank of Baroda (Bank), one of India’s leading public sector banks, successfully concluded the 6th Edition of the Baroda Kisan Pakhwada – the Bank’s annual outreach programme with Indian farmers. During the agri festival, the Bank connected with over 465,000 farmers across the country and cumulatively sanctioned agri loans of over Rs […]

Banking

Union Bank of India secures 2nd Rank in EASE reforms

Mumbai : Union Bank of India is ranked 2nd for Q2 FY 2023-24 in EASE Reforms Index for adopting reforms prescribed for Public Sector Banks by Indian Banks’ Association (IBA). Union Bank of India has been excelling in areas related to enabling various digital and digitally assisted journeys for customer convenience, delivering excellence in customer […]

Banking

Union Bank of India Conferred with Global Banking and Finance Awards, 2023

Hyderabad/Mumbai: Union Bank of India has been bestowed with Global Banking and Finance Awards 2023 for Excellence in Innovation under the following categories: Voice Banking Implementation 2023: for Union Voice Assistant (UVA) WhatsApp Banking feature India 2023: for UVConn Virtual Banking India 2023 The awards program reflects the innovation, achievement, strategy, progressive and inspirational changes […]