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Finance

Geojit Financial Services launches FLIP, an enhanced mobile trading platform

Mumbai/Kochi: Geojit Financial Services, a leading investment services company, has announced the launch of its latest mobile trading platform, FLIP. The platform will replace the existing platform SELFIE, providing investors and traders with a comprehensive and flexible trading experience, backed by a range of advanced features. FLIP includes advanced order capabilities such as One Cancel […]

Finance

Cashfree Payments empowers Tazapay to offer seamless cross border payments to Indian exporters

Bengaluru : Cashfree Payments, India’s leading payments and API banking company, has partnered with Tazapay, a Singapore-based cross-border payments company to power their cross-border payments for Indian exporters. The partnership allows Tazapay to settle all cross-border payments directly to Indian exporters’ local bank accounts in Rupees (INR) in one business day. Previously, Indian exporters faced […]

Banking Uncategorized

HDFC Mutual Fund launches HDFC Defence Fund (first-ever Defence Fund)

Mumbai : HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses has announced the launch of HDFC Defence Fund that plans to invest in defence & allied sector companies. It follows a bottom-up approach of portfolio construction within the defence ecosystem. The captioned NFO […]

Finance

Raheja QBE General Insurance appoints Mr. Rajeev Dogra as the new MD & CEO

Hyderabad : Raheja QBE General Insurance Company Limited has announced the appointment of Mr. Rajeev Dogra as the new Managing Director & Chief Executive Officer following regulatory approval from Insurance Regulatory and Development Authority of India. With a career spanning over three decades, Mr. Dogra brings with him a wealth of rich experience in insurance […]

Banking

Federal Bank Inaugurates New Branch in Ambernath, Expanding its Presence in Maharashtra

Federal Bank proudly announces the inauguration of its Ambernath branch, marking its 163rd branch in the Mumbai Zone. The new branch is located at A7-10 Nana Patil Pride, Opp Old Police Station, Near Bethel Church, Kohojgaon, Ambernath (W). The inauguration ceremony took place with esteemed dignitaries gracing the occasion. Mr Rajesh Agarwal, Chief General Manager, […]

Finance

Decentro Launches Flow And Fabric – Full-Stack Payments And Embedded Finance Solutions For Companies In India.

Bangalore : Decentro, a leading financial infrastructure company, has launched Flow and Fabric, two complete end-to-end payments and embedded banking stacks, to help businesses with a smooth onboarding experience and management of financial products. The new modules have been introduced to offer a full-stack experience to Decentro’s growing customer base, which now has 400+ companies. […]

Finance

Altigreen Partners With Indian Bank To Provide Retail Finance Solution

Bangalore : India’s leading commercial electric vehicle manufacturer, Altigreen has partnered with Indian Bank to provide its clients specialised retail financing options in an effort to ease the EV purchasing process. Indian Bank, one of the most reputable public sector banks, will now make its range of financial products available to Altigreen’s customers pan India […]

Finance

HDFC Life Declares Highest Ever Bonus Of Rs. 3660 Cr. To More Than 23 Lakh Policyholders

Mumbai : HDFC Life, one of India’s leading life insurers, has declared its highest ever bonus of Rs 3,660 cr. on participating plans. The bonus was announced in the Company’s Board meeting held in April 2023. 23.14 lakh policyholders are eligible for this bonus. Out of the total amount of Rs. 3,660 cr., Rs. 2,696 […]

Finance

UGRO CAPITAL ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER AND FINANCIAL YEAR ENDED 31st MARCH 2023

Announced Equity Capital Raise of INR 340 Cr in April 2023 – Private Placement Offering of INR 240 Cr to IFU (Investeringsfonden for Udviklingslande) through its Danish Sustainable Development Goals Investment Fund K/S and QIP of INR 100 Cr from marquee domestic investors like SBI Life, GoDigit and SBI General Disbursement of INR 2,314 Cr, […]

Banking

Xapo Bank Expands its Stablecoin Payment Rails, Becoming The First Licensed Bank To Enable Tether Deposits and Withdrawals

BANGKOK, THAILAND – Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate Tether (USDT) payment rails. Beginning with a phased roll out, the payment rails will be fully available to all members by the end of the […]