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Finance

Max Life inks pact with Indian Industries Association to offer life insurance access to 11 lac MSME workforce in Uttar Pradesh

Chennai : Max Life Insurance Company Ltd. (“Max Life” / “Company”) announces a strategic partnership with the Indian Industries Association (IIA) to provide life insurance plans to the Micro, Small, and Medium Enterprises (MSME) sector’s workforce in Uttar Pradesh (UP). Under the recently announced IRDAI’s State Insurance Plan, Max Life aims to enhance accessibility and […]

Finance

AU Small Finance Bank Launches Business Cashback RuPay Credit Card

New Delhi : AU Small Finance Bank has partnered with RuPay to introduce the Business Cashback RuPay credit card, an innovative solution tailored to meet the financial requirements of self-employed customers. This latest offering is aimed at providing a diverse range of benefits to small businesses. The Credit Card was launched in the esteemed presence […]

Banking

YES BANK supports sustainable financing through YES KIRAN Solar Financing to aid MSME manufacturers

New Delhi : YES BANK today, announced the launch of YES KIRAN, an attractive lending proposition aimed at offering financial assistance to Micro, Small and Medium Enterprises (MSME) manufacturers who wish to install solar panels at their premises. Through this programme, the Bank aims to support the adoption of sustainable energy practices by small and […]

Finance

ToneTag’s Retail Pod 2.0 through collaborative partnerships, now accepts all kinds of digital & voice payments

New Delhi : ToneTag, India’s largest voice-based commerce and payments solution provider, collaborated with major financial institutions namely NPCI, SBI, IDFC First Bank, ICICI Bank and others to enable acceptance all UPI payments and recently launched RBI-backed CBDC (Central Bank Digital Currency) on its latest device RetailPod 2.0. In the last six months, 25,000+ devices […]

Finance

Muthoot Microfin reports profit of Rs. 203 crores for FY23, up 155 percent Y-o-Y

Kochi : Muthoot Microfin Limited, one of the leading microfinance companies in India has reported a 155% rise in profit to Rs. 203.31 crores for the financial year ended March 31, 2023. The company had posted profit of Rs. 79.7 crores in the previous financial year. Muthoot Microfin has an asset under management of Rs. […]

Banking

HDFC BankAims to be the Preferred Banking Partner for Bharat

Mumbai : HDFC Bank, India’s leading private sector bank, envisions to be the ideal financial partner to enable better rural lives. The Bank has planned to expand its presence in the semi urban and rural locations (SURU) of the country. As a part of thisstrong push it intends to add more branches and launch customised […]

Finance

CryptoChronic and the Ascent of the Play-to-Earn Model

Ever since the debut of Pong in 1972, the gaming industry has been at the forefront of evolving technology, whether that has been 3D graphics rendering, computer processing speeds, or virtual reality. The prevailing trend in the evolution has been the integration of blockchain technology with gaming, enabling a “play-to-earn” model in which players may […]

Finance Uncategorized

Securing the labour force of MSME sector with Health Insurance

The MSME (Micro, Small and Medium Enterprises) sector in India has emerged as an active sector which contributes over 30% of India’s GDP. The sector provides huge employment opportunities and is currently employing almost 40% of the country’s workforce. MSMEs are on the verge of overtaking the agricultural sector to become the backbone of India’s […]

Finance

Star Health Securing the labour force of MSME sector with Health Insurance

Finance

Chola MS continues to soar: reports 27.6% growth in FY 2023

Mumbai/Chennai : Cholamandalam MS General Insurance Company Ltd (Chola MS), the joint venture between Murugappa Group and Japan’s Mitsui Sumitomo insurance group, has ended the financial year FY 2023 with gross written premium (GWP) of Rs 6200 Crore, a growth of 27.6% (as against industry growth of 16.2%). Chola MS, in its 20th year, registered […]