APN News

  • Sunday, September, 2021| Today's Market | Current Time: 02:58:41

    • Banking

    Airtel Payments Bank launches DigiGold – a digital platform for customers to make investments in gold

    Hyderabad: As part of its growing bouquet of digital services, Airtel Payments Bank today launched DigiGold in partnership with SafeGold – the leading provider of digital gold.  With DigiGold, Airtel Payments Bank’s savings account customers can invest in 24K gold using the Airtel Thanks app. Customers can also gift DigiGold to their family and friends, […]

    Banking

    Indian Overseas Bank Convenes Extraordinary General Meeting Of Shareholders

    Chennai: Indian Overseas Bank on 12.05.2021 convened an Extraordinary General Meeting of the Shareholders and obtained their approval for issuance of 246,54,23,932 equity shares to GOI on preferential basis for the Capital infusion of Rs. 4100 crores by GOI.  The EGM was conducted through virtual medium and was attended by Directors, Shareholders and other stakeholders […]

    Banking

    Geojit inks pact with PNB to provide 3-in-1 account

    Mumbai/Kochi: Geojit Financial Services has entered into an agreement with the Punjab National Bank (PNB) to provide the advantage of a three-in-one account to the latter’s customers.  The new service gives all the customers who have a savings account with PNB, a PNB demat account and Geojit trading account. Saving and Demat account can be […]

    Banking

    Federal Bank ties up with Mashreq Bank to offer instant money transfers from UAE to India

    Chennai: Federal Bank has entered into a strategic tie-up with Mashreq Bank one of the leading financial institutions in the UAE, to facilitate money transfers from the UAE to India. The partnership will support Mashreq’s faster payment product, QuickRemit, which was launched in 2017. Mashreq is one of the oldest banks in the UAE, and […]

    Banking

    Fino Payments Bank goes live with enhanced deposit limit of ₹2lakh

    Encourages financial inclusion, benefits MSMEs, small traders and retail customers Hyderabad: In line with RBI’s revised guideline Fino Payments Bank has increased the end of the day account balance limit to ₹2 lakh for its customers. The bank, which became profitable in the fourth quarter of FY20, went live with the enhanced limit effective 1st […]

    Banking

    Airtel Payments Bank announces 6% p.a. interest on deposits over Rs. 1 lakh

    Hyderabad: Airtel Payments Bank today said that its customers will get an increased interest rate of 6% p.a. on savings account deposits of over Rs. 1 lakh. This follows Airtel Payments Bank becoming the first payments bank to implement the enhanced day-end savings limit of Rs 2 lakh as per the Reserve Bank of India […]

    Banking

    HDFC Bank unveils “Project Future – Ready” for next growth phase

    ·         Organisational changes to create future – ready teams ·         Three organisational pillars – Business Verticals, Delivery Channels & Tech/Digital HDFC Bank, India’s largest private sector lender today unveiled organisational changes under “Project Future – Ready” to power its next wave of growth. The Bank is reorganising itself into three clear areas of Business Verticals, […]

    Banking

    AU Small Finance Bank reports 73% growth in FY21 PAT – A resilient performance in a challenging environment

    Kolkata, April 29th, 2021: The Board of Directors of AU Small Finance Bank Limited at its meeting held today, approved the audited financial results for quarter and financial year ended 31st March, 2021. Key highlights (FY21): Resilient performance amidst ongoing challenges Despite the challenging environment, Bank was able to deliver RoE of 23.4% in FY21 […]

    Banking

    ICICI Bank launches ‘Merchant Stack’; India’s most comprehensive digital and contactless banking platform for merchants

    ·         Aims to empower over 2 crore retail merchants in the country with seamless banking services, digitally  ·         Offers instant banking facilities and value-added services in one place to enhance productivity and efficiency of merchants Mumbai: ICICI Bank today announced the launch of its ‘Merchant Stack’, a set of the country’s most comprehensive digital banking […]

    Banking

    Neobank Fi Launched in Partnership with Federal Bank

    Mumbai:Bengaluru-based neobank for salaried millennials Fi has announced its launch today. Fi was established with a strong purpose to help people get better with money and to create an intelligent bank layer that helps millennials understand their money, save more and spend intelligently. Fi has partnered with Federal Bank to issue an instant savings account, […]

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