Tag: Banking industry news
Axis Bank allocates 2,38,802 shares under ESOP Scheme
Axis Bank said that it has allotted 2,38,802 of its equity shares priced at INR 2 each on 29 November 2021, in accordance with exercising ... Read More
ICICI Bank introduces Trade Emerge online platform for exporters and importers
ICICI Bank has launched ‘Trade Emerge’, an online platform to serve exporters and importers across India with comprehensive digital banking and value-added services. According to ... Read More
Capri Global Capital and Union Bank of India partner to offer MSME loans
Capri Global Capital Limited (CGCL) and Union Bank of India (UBI) have entered into a co-lending agreement to provide loans to micro, small and medium ... Read More
Simmons First National to acquire smaller rival Spirit of Texas Bancshares for $581m
Simmons First National Corporation, the owner of Simmons Bank, has agreed to acquire smaller rival US bank holding company Spirit of Texas Bancshares, the owner ... Read More
Axis Bank allocates 40.9k shares under ESOP Scheme
Axis Bank said that it has allotted 40,940 of its equity shares priced at INR 2 each on 22 November 2021, in accordance to the ... Read More
ICICI Bank, Indian Army renew MoU to enhance Defence Salary Account benefits
ICICI Bank and the Indian Army have renewed their memorandum of understanding (MoU) under which the former will provide a variety of specially curated enhanced ... Read More
Texas-based bank holding firms Allegiance Bancshares and CBTX to merge
Allegiance Bancshares, the holding company of Allegiance Bank, and CBTX, the parent company of CommunityBank of Texas, have signed an all-stock merger of equals. The ... Read More
Airtel Africa gets approval for payment service bank business in Nigeria
Airtel Africa, a provider of telecommunications and mobile money services, said that its subsidiary — SMARTCASH Payment Service Bank Limited has secured approval in principle ... Read More
Kotak Mahindra Bank, NPCI launch credit cards on RuPay platform
Kotak Mahindra Bank (KMBL) has joined forces with the National Payments Corporation of India (NPCI) to launch the bank’s credit cards on the latter’s RuPay ... Read More
CaixaBank sells out stake in Erste Group Bank for €1.5bn
CaixaBank said that it has divested its stake of 9.92% in Erste Group Bank, an Austria-based retail banking company, for a sum of €1.5 billion. ... Read More
