Shriram Transport Finance raises Rs 1998cr through QIP

Shriram Transport Finance raises Rs 1998cr through QIP

Shriram Transport Finance Company (STFC) said that it has raised INR 1,998.98 crores through a qualified institutions placement (QIP) of equity shares. The non-​banking finance company, which is part of the Shriram group, had launched the QIP on 7 June 2021 and is said to have received 6.3x oversubscription. The QIP, which saw the participation […]

ICICI WhatsApp banking service launched amid coronavirus lockdown in India

ICICI WhatsApp banking service launched amid coronavirus lockdown in India

ICICI WhatsApp banking service : Indian private banking group ICICI Bank has introduced banking services on Whatsapp to serve its customers during the ongoing nationwide lockdown in the country to prevent the spread of COVID-19. ICICI Bank expects its banking services delivered through WhatsApp to address various banking needs of its retail customers amid the […]