Finance

Business

8B, PayU Partner to Enable UPI Payments for Indian Users Across Central Asia

Central Asian fintech infrastructure company 8B has partnered with PayU Payments to enable UPI and other Indian payment options for merchants across Central Asia,...
Finance

Motilal Oswal Alternates leads $280 Mn Series E Round for KreditBee

India based digital lending platform KreditBee (KrazyBee Services PVT Ltd) has raised $280 million in a Series E funding round at a post money...

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Finance

Walrus launches personalized signature cards for teenagers

Krishna Mali -
In a bid to support teenagers and young adults to become financially smart at an early age. India based fintech company Walrus has announced...
Finance

ICICI Bank customers can now open FD, Pay bills, and access details of trade finance on WhatsApp

Krishna Mali -
India's leading private sector bank, ICICI Bank has today announced the launch of its new services, that enables its customers to create a fixed...
Business

Fintech: Kimberly Nasief joins GammaRey’s board

Krishna Mali -
Leading fintech company, GammaRey has announced the appointment of Kimberly Nasief as a member of its board of directors. Speaking on the appointment of Kimberly...
Finance

These six Korean startups to be featured in ConnecTech Asia Event

Krishna Mali -
New technologies and innovative platforms that are made in Korea will be showcased at virtual ConnecTech Asia 2020, one of the largest information and...
Business

Canara Bank to raise Rs 2,000 crore through QIP

Krishna Mali -
India based public sector bank, Canara Bank has announced its plan to raise Rs 2,000 crore through Qualified Institutional Placement (QIP). In a filing with...
Finance

ICICI Bank launches iStartup2.0 program for startups

Krishna Mali -
ICICI Bank has announced the launch of the 'iStartup2.0' program for Indian startups that take care of their banking as well as beyond banking...
Business

Muthoot Finance partners with Kotak Mahindra General Insurance to offer complimentary COVID-19 insurance to its gold loan customers

Krishna Mali -
Leading private lender Muthoot Finance Limited has announced its partnership with Kotak Mahindra General Insurance to offer complimentary COVID-19 insurance cover for its gold...
Finance

Kwik.ID records 300% increase in video KYC

Krishna Mali -
Kwik.ID an RBI complaint AI-based video KYC solution developed by Think Analytics has recorded an increase of 300% in the adoption of its services...
AI

Interview: Vernacular.ai co-founder Sourabh Gupta says, “Voice is the future of human and machine interaction”

Krishna Mali -
In a conversation with the TechGraph editorial team, Sourabh Gupta, Co-Founder & CEO of Vernacular.ai, said: “Voice is the future of human and machine...
Finance

Interview: “Scope of lending business in India is huge,” says KreditBee Founder & CEO Madhusudan Ekambaram

Krishna Mali -
Today, we speak to Madhusudan Ekambaram, Founder & CEO of KreditBee, to understand the journey of KreditBee and how it is shaping the digital...
Business

Interview: Finolutions Wealthcare founder Apoorva Vora says, “There is no substitute for ‘being in touch’ in tough times”

Krishna Mali -
When it comes to a B2B consulting firm that is working towards helping wealth managers to maximize their understanding and due diligence of the...
Business

Yes Bank Board approves fundraising plan through FPO

Krishna Mali -
Private sector lender, Yes Bank on Tuesday announced that "Its board has approved the plan to raise funds through a further public offering (FPO)." In...
Business

HDFC Bank records 25% increase in deposits at Rs 11,895 crore

Krishna Mali -
An India-based private lender, HDFC Bank on Sunday, recorded an increase of 25 percent in its Q1 FY21 deposit at Rs 11,895 crore as...
Business

Axis Bank to suspend UK subsidiary

Krishna Mali -
Leading private sector bank, Axis Bank on Thursday announced its plan to shut down its UK subsidiary. In a filing with the exchange, the bank...
Business

LIC Managing Director T C Suseel Kumar joins Axis Bank board

Krishna Mali -
Private lender Axis Bank on Monday said, "The bank has appointed Managing Director of Life Insurance Corporation of India (LIC), T C Suseel Kumar...
Business

Indian Bank board approves plan to raise Rs 5,000 crore via bond

Krishna Mali -
India's leading public sector bank, India Bank on Monday said, "It plans to raise about Rs 5,000 crore through issuance of bonds." In a filing...
Business

HUDCO records 87 percent increase in Q4 profit at Rs 440.91 crore

Krishna Mali -
State-run finance provider HUDCO on 26 June reported an 87 percent increase in its consolidated net profit to Rs 440.91 crore for Q4. In a...
Finance

Instamojo launches ‘InstaCash’ to help pandemic hit MSMEs

Krishna Mali -
Bengaluru based fintech startup Instamojo has announced the launch of 'InstaCash'a working capital product for merchants selling on its platform. In a statement issued, Instamojo...
Business

Yandex agrees with Sberbank to reorganize Yandex Market and Yandex Money

Krishna Mali -
Russian technology giant Yandex on Thursday said, "It has entered into a binding agreement with Sberbank to reorganize two of their joint ventures: Yandex.Market,...
Business

Increasing Cases and United States ‘Carousel Retaliation’ spooks risk sentiment

Abhishek Goenka -
The risk sentiment was souring as US trade representatives had proposed imposing tariffs on USD 3.1bn of imports from France, Germany, Spain, and the...
Business

Crosses rally on robust PMIs

Abhishek Goenka -
Euro and Sterling rallied yesterday as France, Germany and UK manufacturing PMIs came in better than expected. Onshore, the USDINR spot moved lower yesterday to...
Business

Singapore government acquires 164,30,820 shares of ICICI Prudential Life

Krishna Mali -
The government of Singapore has acquired 1,64,820 equity shares (representing 1.14 percent of paid-up capital) of ICICI Prudential Life Insurance Company. According to the bulk...
Business

ICICI Bank allots 12,603 equity shares under ESOS

Krishna Mali -
India-based private lender ICICI Bank has announced the allotment of 12,603 equity shares under the Employee Stock Option Scheme (ESOS). In a filing with the...
Business

Arvind Fashions revises the plan, Will raise Rs 399 crore through rights

Krishna Mali -
Leaders in textile manufacturing Arvind Fashions on Sunday said, "It has revised the amount of capital it plans to raise through the right of...
Business

Punjab National Bank records net loss at Rs 697 crore in Q4

Krishna Mali -
India-based public lender Punjab National Bank (PNB) has recorded a net loss of Rs 697.20 a crore in the fourth quarter. In a filing with...
Business

Market Analysis: Focus will be on the Bank of England MPC meeting

Abhishek Goenka -
Levels across currencies are pretty much unchanged overnight. Focus today will be on the Bank of England policy. While it is expected to leave...
Business

IDFC First Bank secures Rs 2,000 crore through allotment of preferential shares

Krishna Mali -
Mumbai-based IDFC First Bank has raised nearly Rs 2,000 crore by issuing shares on a preferential basis to its promoters and others. In a filing...
Business

SBI to raise $1.5 billion through bonds

Krishna Mali -
India's largest public bank State Bank Of India (SBI) on Thursday said, "Its board has approved the plan to raise to $1.5 billion through...
Finance

Interview: Fintso Co-founder George Mitra says, “Wealth management has traditionally been a high touch model”

Krishna Mali -
Today, we speak to George Mitra, Co-founder & CEO of Fintso, to understand how Fintso works and how it is helping independent financial advisors...
Finance

OECD: Global economy to shrink by 6% in 2020

Krishna Mali -
Organization for Economic Co-operation and Development (OECD) Secretary-General Jose Angel Gurria said, "The global economy will decrease at least six percent this year due...

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