IndoStar Finance Capital sells corporate loan book to Phoenix ARC
IndoStar Finance Capital Limited (ICFL), a non-banking finance company (NBFC) registered with the Reserve Bank of India, has sold a considerable chunk of its legacy ... Read More
Axis Bank executes first onshore INR non deliverable derivative trade in India
Axis Bank, an Indian private sector bank, has successfully executed its first onshore INR Non Deliverable Derivative trade with a large domestic corporate client based ... Read More
Axis Bank enables RuPay credit card support on UPI
Axis Bank, one of India's leading private sector banks, has made a significant announcement regarding its integration of RuPay Credit Card support on UPI (Unified ... Read More
Aurionpro Solutions’ AuroPay gets RBI’s in-principle approval for payment aggregation
Aurionpro Solutions said that its subsidiary Aurionpro Payment Solutions (AuroPay) has secured in-principle approval from the Reserve Bank of India (RBI) to operate as a ... Read More
Central Bank of India, Moneywise Financial Services forge co-lending partnership
Central Bank of India has announced a co-lending partnership with Moneywise Financial Services Private Limited to provide micro, small, and medium enterprises (MSME) loans at ... Read More
Indian fintech Infibeam Avenues gets payment aggregator licence from RBI
Infibeam Avenues, an Indian payments infrastructure company, will now operate as a payment aggregator following an “in-principle” approval from the Reserve Bank of India (RBI). ... Read More
Fino Payments Bank get RBI nod to offer FD and RD services of Suryoday Small Finance Bank
Fino Payments Bank said that it has secured approval from the Reserve Bank of India (RBI) for starting referral services of fixed deposit (FD) and ... Read More
RBL Bank appoints Rajeev Ahuja as interim CEO
RBL Bank (formerly Ratnakar Bank) has appointed its existing executive director — Rajeev Ahuja as the interim managing director and CEO in the absence of ... Read More
RBL Bank gets RBI authorization to collect indirect taxes
Mumbai-based RBL Bank (formerly Ratnakar Bank) said that it has been given authorization from the Reserve Bank of India (RBI) for collecting indirect taxes on ... Read More
Rattanindia welcomes Niti Aayog’s proposal of prioritizing EV loans
Rattanindia Enterprises, an Indian conglomerate which holds a significant stake in Revolt Motors, has welcomed a proposal from Niti Aayog to the Reserve Bank of ... Read More