Namdev Finvest secures $19 million in Pre-Series C funding round
Namdev Finvest, a Non-Banking Finance Company (NBFC) that focusses on Micro, Small and Medium Enterprises (MSME) financial inclusion, has completed...
Trend Micro promotes Sharda Tickoo as Country Manager for India and SAARC
Trend Micro has promoted Sharda Tickoo as the new Country Manager for India & SAARC. An integral part of the...
CCI gives nod to Axis Bank’s investment in Max Life Insurance
The Competition Commission of India (CCI) yesterday approved Axis Bank's proposed acquisition of a stake in Max Life Insurance. In...
Magma HDI General Insurance signs MoU with Suryoday SFB
Magma HDI General Insurance Company and Suryoday Small Finance Bank (SFB) have entered into a Corporate Agency Agreement to offer...
HDFC Bank to sell 100 per cent stake in HDFC Education and Development Services
HDFC Bank has decided to sell its 100 per cent stake in HDFC Education and Development Services, the bank notified...
PhonePe launches UPI payments in UAE
PhonePe has launched Unified Payments Interface (UPI) on the United Arab Emirates (UAE’s) App Neopay terminals. Users can scan the...
Palanikumar Arumugam joins Hinduja Leyland Finance as CISO
Palanikumar Arumugam has joined Hinduja Leyland Finance (HLF) as its CISO. Prior to this, he was worked with Equitas Small...
HDFC Bank appoints Sumant Rampal as head of mortgage business
HDFC Bank has appointed Sumant Rampal as the head of its mortgage business with effect from 28th March, 2024. He...
Kotak Bank acquires Sonata Finance for Rs 537 crore
Kotak Mahindra Bank today acquired Non-Banking Financial Company (NBFC) Sonata Finance for Rs 537 crore. Sonata is operating in 10...
RBI modifies guidelines for investment in AIFs by lenders
The Reserve Bank of India (RBI) yesterday revised its guidelines concerning the investment of banks, Non-Banking Financial Companies (NBFCs), and...
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