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Finance

Embedded Finance Is Set To Revolutionise The Banking Industry: Shri R. Gandhi

NEW DELHI : Embedded finance is set to revolutionise the banking industry, but it will not replace traditional banking and financial services, stated Shri R. Gandhi, Former Deputy Governor of the Reserve Bank of India, during his keynote address at the 2nd National Summit on Neo Banks. The national summit theme of “Banking on Embedded […]

Finance

PNB Housing Finance announces Q4FY23 results, Profit after Tax increased by 65% YoY and 4% QoQ to INR 279 crore

Bangalore : The Board of Directors of PNB Housing Finance Limited today approved the Consolidated audited Financial Results for the quarter and financial year ended 31 st March 2023. The financial numbers are based on IndAS. Key Highlights • Successfully completed Rights Issue of INR 2,493.76 Crore in May 2023. The issue was subscribed by […]

Finance

Paytm partners with SBI Card and NPCI to launch next-gen co-branded RuPay credit cards, three homegrown brands join forces to drive credit inclusion

One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments today announced that it has partnered with India’s largest pure-play credit card issuer SBI Card, to launch Paytm SBI Card on the RuPay network. The Paytm and SBI Card partnership, which […]

Finance

Godrej Agrovet And The State Bank Of India To Launch First-Of-Its-Kind Finance Offering For Indian Oil Palm Farmers

Bangalore : Godrej Agrovet’s Oil Palm Business today announced the launch of first-of-its-kind finance offering for oil palm farmers in partnership the State Bank of India (SBI). A product jointly developed by the company and country’s leading public sector bank will enable farmers avail loan for setting up micro irrigation facility, set up fencing arrangement […]

Banking

YES BANK Launches YES PAY EASY – A Mobile App For Merchants In Partnership With Mastercard And Worldline India

Bangalore : YES BANK has announced the launch of YES PAY EASY, a mobile application (app) that enables small-scale merchants such as traders, retailers, and professionals, to accept instant cashless payments from their customers. YES PAY EASY empowers merchants to transact with their mobile phones through multiple digital modes like Bharat QR, Tap-On-Phone and SMS […]

Finance

SBI Mutual Fund launches SBI S&P BSE Sensex Index Fund

Mumbai : SBI Mutual Fund, India’s largest domestic fund house announces the launch of SBI S&P BSE Sensex Index Fund, an open-ended scheme tracking S&P BSE Sensex Index, effectively with relatively lower costs as it is a passive offering. The New Fund Offer (NFO) period for the scheme is May 18, 2023 – May 24, […]

Banking

South Indian Bank earns global and national recognition for creating superior customer experience

Mumbai: South Indian Bank (SIB), one of the leading and fastest growing private sector banks in India, won two prestigious awards for creating superior customer experience. South Indian Bank (SIB) has been recognised with ‘Outstanding Digital CX – SME Loans’ at the sixth Digital CX Awards held in Singapore, making it the second international award […]

Finance

ICICI Lombard Partners with actyv.ai to Introduce Revolutionary Insurance Solutions for SMEs

New Delhi : ICICI Lombard, India’s leading private general insurance company, has announced a strategic partnership with actyv.ai, a Singapore-based enterprise SaaS platform with embedded B2B, BNPL (Buy Now Pay Later) and insurance. This collaboration aims to co-create innovative insurance products specifically tailored for enterprises and their supply chain partners, empowering sustainable growth and mitigating […]

Finance

Baroda BNP Paribas MF launches NFO – Baroda BNP Paribas Value Fund

India : Baroda BNP Paribas Mutual Fund announced the launch of Baroda BNP Paribas Value Fund, an open-ended equity scheme following a value investment strategy. The fund aims at creating wealth for the long-term investors. The fund will be managed by Shiv Chanani (Senior Fund Manager) who comes with over 21 years of experience, and […]

Finance

What does socially-conscious investing mean?

Socially-conscious investing has become more prominent in recent years as investors look to align their values with their financial goals. If you’re still getting familiar with this concept, you may wonder what socially-conscious investing means and how it works. This blog post will provide a comprehensive overview of socially-conscious investing, including its purpose, different types […]