APN News

  • Wednesday, September, 2023| Today's Market | Current Time: 11:05:27
  • Indian Bank partnered with Maruti Suzuki India Ltd (MSIL) for Supply-chain Finance (SCF)

     Chennai :  Indian Bank today announced the signing of MoU   with M/s Maruti Suzuki India Ltd. Under this partnership, the Bank will provide inventory financing solution to the authorized dealers of MSIL through its digital SCF platform. The MoU was signed in the presence of Shri Ashutosh Choudhury, Executive Director, Shri Saurabh Dalmia, CMS Vertical […]

    Credgenics Welcomes Industry Veteran, Mr. M. V. Nair As Strategic Advisor, Ushering In A New Era Of Innovation And Excellence

     Credgenics, the leading provider of advanced loan collections and debt recovery technology solutions for Banks, NBFCs, ARCs, and Digital Lending firms worldwide, proudly announces the appointment of Mr. M. V. Nair, the former Chairman of TransUnion CIBIL and former Chairman and MD of Union Bank of India, as a distinguished strategic advisor to the company. […]

    Seeds Fincap Pvt Ltd Gears Up for Expansion with Successful Series A Funding Round

     New Delhi  – Seeds Fincap Pvt Ltd, an MSME focused financial institution with presence in six states through a network of 72 branches, has raised its Series A1 round funding from Lok Capital. The investment will be used as growth capital by the company to accelerate expansion in existing and new geographies in the upcoming […]

    Kinara Capital Commits INR 575+ crores in Business Loans Disbursement for MSMEs in Karnataka by FY24

     Bengaluru: Kinara Capital, a fast-growing fintech driving MSME financial inclusion, today reiterated its commitment to fostering MSMEs in Karnataka.  It aims to disburse over INR 575+ crores in business loans in FY24 and support the growth of MSMEs in the state. Elaborating about the plan, Thirunavukkarasu R (Thiru R), Chief Operating Officer (COO), Kinara Capital, […]

    The Digital super cycle and MSME sector play pivotal role in shaping India’s economic growth: KV Kamath, Chairman, NaBFID

    Hyderabad : The ongoing Global SME Finance Forum 2023 witnessed a vibrant exchange of ideas during the second day of the conference in Mumbai. Eminent personalities from the banking and finance world addressed emerging trends in SME financing in India and globally. The conference began with an opening speech by A K Goel, Chairman, Indian […]

    Ujjivan Small Finance Bank introduces Maxima Savings Account and Business Maxima Current Account for premium customer segments

     Chennai: Ujjivan Small Finance Bank, a leading small finance bank, announces the introduction of the Maxima Savings Account and Business Maxima Current Account for the premium customer segment. These new offerings aim to improve the banking experience for both new and existing customers by providing a variety of services and benefits. The products are designed […]

    HDFC Mutual Fund launches HDFC Pharma and Healthcare Fund

    Mumbai: HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund , one of India’s leading mutual fund houses has announced the launch of HDFC Pharma and Healthcare Fund. This open-ended equity scheme intends to invest in pharma and healthcare related companies with a bottom-up approach for stock selection. The captioned NFO opens on […]

    Credit Wise Capital Enters Into A Co-Lending Partnership With HDFC Bank For Two-Wheeler Loans

     Chennai: Credit Wise Capital, a tech-driven non-banking financial company  renowned for its expertise in two-wheeler financing, has announced a strategic co-lending partnership with HDFC Bank, India’s leading private sector bank to offer two-wheeler loans in tier 2, 3, and 4 towns of the country. The partnership combines the strengths of HDFC Bank’s expertise to offer […]

    Tech Mahindra and Surance.io Partner to Deliver Global Tech Support and Cyber Protection Solutions for Insurance Industry

     Mumbai: Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, today announced a strategic partnership with Surance.io, an innovative personal cyber insurance platform. The strategic partnership will provide international multilingual tech support and enhance cybersecurity solutions to reinforce secure digital transformation in the insurance sector. With this partnership, Surance.io […]

    YES BANK and BriskPe partner to Revolutionise Cross-Border Payments for Indian MSMEs

     New Delhi  – BriskPe, a pioneering cross-border payments FinTech company, and YES BANK, have partnered to introduce BriskPe A2A, a cutting-edge suite of solutions designed to empower exporters and importers. This strategic partnership enables BriskPe’s customers to seamlessly collect payments in over 36 foreign currencies, spanning across more than 180 countries. The funds can then […]