Tag: Indian private sector bank

India-based RBL Bank taps AWS for fast tracking AI efforts

businessnewstoday- August 9, 2021

RBL Bank, an Indian private sector bank, said that it has selected Amazon Web Services (AWS) as its preferred cloud provider to fast track its ... Read More

Axis Bank surpasses one million customers milestone for WhatsApp banking

businessnewstoday- August 5, 2021

Axis Bank claimed that it has surpassed the milestone of one million customers on its WhatsApp banking channel, which it had launched in January 2021. ... Read More

Axis Bank allots 1.73 lakh shares under ESOP scheme

businessnewstoday- August 3, 2021

Axis Bank said that it has allotted 1,73,460 equity shares priced at INR 2 each, pursuant to the exercise of stock options under its employee ... Read More

ICICI Bank reports 23% increase in core operating profit for Q1 FY2022

businessnewstoday- July 26, 2021

ICICI Bank has reported a core operating profit of INR 8,605 crores ($1.2 billion) for the first quarter of the fiscal year 2022 (Q1 FY2022) ... Read More

Axis Bank makes first transaction in SOFR linked derivative

businessnewstoday- July 12, 2021

Indian private sector bank Axis Bank has announced its first derivative transaction linked to Secured Overnight Financing Rate (SOFR), the recommended US dollar interest rate ... Read More

Axis Bank selects Amazon Web Services as preferred cloud provider

businessnewstoday- July 2, 2021

Axis Bank has selected Amazon Web Services (AWS) for expediting its digital transformation program and address the increasing demand for its digital banking services. Under ... Read More

ICICI Bank, MUFG Bank sign MoU to serve Japanese corporates in India

businessnewstoday- February 7, 2021

ICICI Bank, an Indian private sector bank, has signed a memorandum of understanding (MoU) with Japanese lender MUFG Bank for collaborating towards meeting the banking ... Read More

HDFC Bank, CSC launch EMI collection services for business correspondents

businessnewstoday- January 28, 2021

HDFC Bank has joined forces with CSC e-Governance Services India to launch the EMI collection services for CSC-HDFC Bank’s business correspondents across India. CSC e-Governance ... Read More

Kotak Mahindra Q3FY21 results : Indian private sector lender reports 16% increase in net profit

businessnewstoday- January 26, 2021

Kotak Mahindra Q3FY21 results : Kotak Mahindra Bank, an Indian private sector bank, has registered a 16.1% growth in its third quarter net profit of ... Read More

Yes Bank launches YES MSME finance solution for Indian businesses

businessnewstoday- January 19, 2021

Indian private sector bank Yes Bank has launched a new finance solution called YES MSME for the micro, small, and medium enterprises (MSMEs) to help ... Read More