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Finance

Cleartax becomes the official tax filing partner for 1100 enterprises across 20 sectors

Bangalore : Clear, India’s #1 SaaS platform for CAs and Tax Experts, has announced strategic partnerships for the upcoming Income Tax Return season with players across multiple industries. The collaborations aim to offer their HRs a range of employee benefit programs and resources to assist employees in resolving their compliance and tax-related concerns. These partnerships […]

Finance

Prodigy Finance Establishes another $350 Million Facility for International Masters Students with Citi, Schroders Capital, and SCIO Capital

Prodigy Finance, a social impact driven FinTech and a leading international student loan lender, is proud to announce a $350 million facility with Citi, Schroders Capital and SCIO Capital. This is the first transaction that Prodigy has closed under their new multi-issuance special purpose vehicle structure. The joint initiative between Prodigy Finance and their funding […]

Banking

Savings Bank of Danbury Foundation Grant Applications for Non-Profit Organizations Now Available

DANBURY, CT: The Savings Bank of Danbury Foundation has announced that applications are available for local non-profit agencies to apply for grants with applications due by October 2, 2023. Applications for the grants are available at the bank’s website at www.SBDanbury.com. The Savings Bank of Danbury Foundation (SBD Foundation) is administered by a committee of […]

Banking

Union Bank of India Partners with IBM to Accelerate Holistic Digital Transformation with Future Ready Capabilities

New Delhi – Union Bank of India, one of the leading public sector banks in the country, takes a giant leap towards a future-ready and customer-centric approach with its ambitious Digital Transformation initiative. In a strategic move to usher in a new era of banking, the bank has partnered with M/s IBM India Pvt Ltd, […]

Finance

Dvara Kgfs And Hdfc Bank Enter Into A Co-Lending Agreement For Micro Business Units In Rural India

Chennai – Dvara KGFS and HDFC Bank have entered a co-lending partnership aimed at providing business capital to micro business units operating primarily in the unorganized sector. These businesses often face limited access to formal sources of finance. Dvara KGFS launched its exclusive Enterprise Loans vertical in 2020, focusing on 3 primary value chains i.e.: […]

Banking

Federal Bank Launches Exclusive NR Savings Accounts for NRI Women

Mumbai: Federal Bank, on the occasion of the start of the FIFA Women’s World Cup, announced the launch of an exclusive NR savings account scheme, specifically curated for Non-Resident Indian women. This scheme, named NRE Eve+, is designed to cater to the unique financial needs of NRI women, offering a range of benefits tailored to […]

Finance

SIDBI organises First Meeting of Advisory Committee on NBFCs

Hyderabad/Mumbai : SIDBI has constituted an ‘Advisory Committee on NBFCs’ comprising senior industry leaders, representative from Finance Industry Development Council domain experts with the objective of providing guidance to the Bank in strengthening its initiatives to support the growth of NBFC sector with focus on smaller NBFCs. The first meeting of the Advisory Committee was […]

Finance

Kotak Life partners with Muthoottu Mini to offer Life Insurance to retail customers

Mumbai : Kotak Mahindra Life Insurance Company Ltd today announced its corporate agency tie-up with Muthoottu Mini Financiers Ltd. to offer life insurance products to retail/individual customers. The tie-up will help thirty lakh customer base of Muthoottu Mini with a comprehensive range of life insurance products offered by Kotak Life, including protection, savings, investment and […]

Finance

ICMAI Elects Its New President And Vice President For 2023-24

New Delhi: The Institute of Cost Accountants of India has elected its new President and Vice President for the year 2023-24. The statutory body has announced CMA Ashwin G. Dalwadi as its new President and CMA Bibhuti Bhushan Nayak as the new Vice President. The Institute conducted the election of President and Vice-President of the […]

Finance

Max Life appointed as Lead Insurer for Uttar Pradesh under IRDAI’s State Insurance Plan

Chennai : Max Life Insurance Company Ltd. has been appointed as the “Lead Insurer” for the State of Uttar Pradesh by the Insurance Regulatory and Development Authority of India. Under the State Insurance Plan, IRDAI has initiated a collaborative platform with insurers by assigning two states to each insurer to enhance financial awareness and drive […]