Game-changer: Blend and Astra team up to revolutionize account funding

Game-changer: Blend and Astra team up to revolutionize account funding

In a move set to revolutionize the banking industry, Blend, the leading platform for digital banking solutions, has partnered with Astra, the pioneer in instant payments-as-a-service, to enhance the digital onboarding experience for consumers. This partnership aims to streamline the process of funding new deposit accounts, addressing a common hurdle that often frustrates new customers. […]

Indian Overseas Bank reports net profit of Rs 808cr for Q4 FY 2023-2024

Indian Overseas Bank reports net profit of Rs 808cr for Q4 FY 2023-2024

Indian Overseas Bank (IOB), one of India’s leading public sector banks, has reported a significant financial performance for the fiscal year 2023-2024. Demonstrating robust growth, IOB recorded its highest-ever net profit of ₹808 crores for the fourth quarter and ₹2,656 crores for the entire fiscal year. This performance marks a notable improvement in both operating […]