Wednesday, September 15, 2021

RBI invites applications from NBFCs, payment system operators

The Reserve Bank of India announced on Monday that it has invited applications from Non-Banking Financial Companies (NBFCs), payment system providers and payment system participants, which are seeking to obtain Aadhaar e-KYC authentication licence.

Work Together to Find Solutions for the Challenges that Engulfs the Financial Sector –...

Dr. Bhagwat Kishanrao Karad, Hon’ble Minister of State for Finance, Government of India, while inaugurating the BRICS Financial Forum organized by Export-Import Bank of India (India Exim Bank) advised the participating development banks from BRICS nations to come together and work towards finding solutions to the challenges which engulfs the financial sector.

Olympic shuttler PV Sindhu launches Bank of Baroda’s all new Corporate Website

Bank of Baroda, India’s Best technology bank* 2021, launched its all new Corporate Website at the hands of 2x Olympic winner, PV Sindhu on September 9, 2021. With an aim to provide a well-integrated digital banking and to meet the aspirations of its customer base which are millennials and GenZ, the Bank has redesigned its Corporate website with a user-friendly layout, advanced features and operations. The event was graced by Shri. Vikramaditya Singh Khichi, ED, Bank Of Baroda along with other EDs and key senior personnel of the Bank.

Paytm Payments Bank launches India’s first FASTag-based metro parking facility, leads digitization of parking...

India’s homegrown Paytm Payments Bank Ltd (PPBL) has announced that it has enabled the country’s first FASTag-based metro parking facility in partnership with Delhi Metro Rail Corporation (DMRC).

Swiss bank accounts: India to get 3rd set of details; info on real estate...

Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.

South Indian Bank launches SIB – OneCard Credit Card

The Kerala based lender South Indian Bank, in association with OneCard, has launched the SIB – OneCard Credit Card. A premium metal card, the SIB – OneCard has a unique app-based onboarding process, which is in line with the Bank’s vision of digital transformation. The internationally valid credit card on the Visa Signature platform can be fully controlled through the powerful OneCard App.

Ms. Harsha Bangari takes charge as Managing Director of India Exim Bank

September 8, 2021: Ms. Harsha Bangari has taken over as the Managing Director of Export-Import Bank of India (India Exim Bank) today. Prior to...

Housing finance cos expect to regain pre-Covid momentum in H2FY22

Housing Finance Companies (HFCs) went through a difficult period in the first half of FY2021 due to the factors caused by pandemic leading to a bearish phase in the real estate sector and uncertainty in the economic conditions. As a result, the industry witnessed a slowdown in disbursement and moderation in portfolio growth. The outbreak of Covid-19 further impacted the collections and added to the asset quality woes.

India Exim Bank engages with Indian Pharma companies to promote exports from the country

Export-Import Bank of India (India Exim Bank), along with Japan Bank for International Cooperation (JBIC) and Pharmaceutical Export Promotion Council of India (Pharmexcil) organized a webinar on September 01, 2021 on ‘Innovative Funding Structures and Assistance for Manufacturers of COVID-19 related Pharma Products’.

mPokket appoints Vikram Singh as Head of Product; Strengthens leadership team

mPokket – an Instant Loan App providing loans to college students and young working professionals – has appointed Vikram Singh as their new Head of Product, a key appointment as the fintech firm further strengthens its management team and accelerates product innovation.

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Union Bank of India inks its first Sustainability Linked Loan in Overseas Market

Union Bank of India through its international banking division today, announced that it has secured a Sustainability linked Loan aggregating to total syndicated facility of USD 1.5 Bn with one of the leading trading corporate globally.

Sales-tech SaaS startup GTM Buddy raises $2 million in seed round

GTM Buddy, a sales-tech SaaS startup, has announced that it has raised $2 million in its seedround, led by Stellaris Venture Partners. Founded by Sreedhar Peddineni, a serial entrepreneur, along with co-founders Santa Thounaojam, Sundar Vellaichamy, and Chandramani Tiwary, GTM Buddy is reimagining the sales enablement category and intends to be a category disruptor

iCubesWire bags digital marketing mandate for Saya Homes

iCubesWire, a leading 360° digital marketing solutions provider in Gurugram, has bagged the digital and creative mandate for Saya Homes, a prominent name in the real estate of Delhi NCR. The agency won the account for Saya, following a multi-agency pitch, and will now be responsible for developing communication and strategy for the brand across digital and offline media channels.