Banking

Empowering Startups to accept payments on their own website, Razorpay, the leading full-stack financial services company, today launched Payment Buttons. Payment button enables businesses and freelancers to add a single line of code on their website or blog and go live with an integrated payment gateway, in less than 5 minutes. Amid salary cuts, layoffs and downsizing of businesses...

Investors to receive maturity benefits on a single day Investors can build their monthly savings with deposits starting at Rs. 5,000 per month Bajaj Finance Limited, the lending and investing arm of Bajaj Finserv, has now introduced a new Single Maturity Scheme variant under Systematic Deposit Plan (SDP). Single Maturity Scheme variant under the SDP allows the investors to...

Hyderabad, August 2020: For Mahatma Gandhi, “Charkha” was the symbol of the nation's prosperity and therefore freedom. For him, every revolution of the wheel spun peace, goodwill, and love for the world at large. Gandhiji believed that if we, Indians, have the inimitable 'Khadi Spirit' in us, we would surround ourselves with prosperity and simplicity in every...

Punjab National Bank today held a 19th Annual General Meeting for the shareholders. The AGM was held via a virtual conference that enabled shareholders even from remote locations to be a part of this conference. Photo Caption: Left to Right - Dr. Rajesh Kumar Yaduvanshi- Executive Director of Punjab National Bank, Shri Vijay Dube- Executive Director of Punjab...

State-owned Bank of India (BoI) on Monday reported over three-fold rise in net profit to Rs 843.60 crore for the quarter ended June 30, as pressure of bad loans eased. The bank had registered a net profit of Rs 242.60 crore in the April-June period of 2019-20.The total income during the period under review increased to Rs 11,941.52 crore,...

The festival, Raksha Bandhan celebrates the love between a brother and sister with a promise to protect and care for each other for life. Over the years, this joyous occasion has also transcended into an opportunity for the siblings to express gratitude and shower each other with worthy gifts. For such an occasion of fervour...

Bengaluru, July, 2020: Due to the quick spread of highly-infectious Novel Corona virus Covid-19, panic-stricken people are feeling insecure and scrambling to take a health insurance cover. The steep rise in Covid cases has resulted the IRDAI to compel insurers to offer short-term Covid-specific health plans that will cover hospitalization expenses related to the treatment of COVID-19. ...

India , July , 2020 -- BOB Financial Solutions Limited (BFSL), a wholly owned subsidiary of Bank of Baroda, has chosen Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, to enable the digitization of their end-to-end card issuance and processing cycle and support the launch of several new and high-tech...

The Fintech has built a stack of capabilities that facilitates end-to-end digital solutions for loans & credit cards The Digitization Stack includes KYC verification, income & employer validation, repayment and agreement set-up - all done completely digitally Paisabazaar.com has integrated its Stack already with IndusInd Bank to offer a completely digital process for credit cards Paisabazaar.com, India's largest digital...

Consolidated Revenues1 at Rs. 5,517 Cr. in Q1 FY21, grew 40%, Consolidated PAT1 at Rs. 182 Cr., grew 235% Max Life Results Highlights (Q1 FY21): Individual APE: Rs. 660 Cr., gained market share by 217 bps to 11% Value of New Business stood at Rs. 113 Cr., New Business Margin was 17% Assets Under Management: Rs. 73,239 Cr.; grew...