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Topics: Bank

Yocket facilitates students with Rs 1000 Cr of financing to study abroad

Mumbai based edtech platform, Yocket has said that "It has helped with 1000 Cr of financing to more than 2500+ students and working professionals...

Federal Bank tie-ups with OneCard to offer mobile-first Credit Card

Federal Bank has announced its strategic alliance with OneCard to launch its mobile-first Credit Card. "With OneCard, Federal Bank will target the young working professionals...

Interview with Lalit Mehta, Co-founder of Decimal Technologies

In an interview with TechGraph, Lalit Mehta, Co-Founder of Decimal Technologies said, "When it comes to SME digital lending, we have barely scratched the...

CredAble names Ranjit Singh as EVP & Credit Head

India-based leading working capital platform, CredAble has announced the appointment of Mr. Ranjit Singh as EVP and Head of Credit.  Ranjit has extensive and diverse...

Jana Bank inks deal with HCBL & Mysore co-operative banks for digital payment services

Bengaluru-based small finance bank, Jana Small Finance Bank has signed an MOU with HCBL Co-operative Bank, Lucknow and Mysore Merchants Co-operative Bank, Mysore to...

Interview With Vineet Tyagi, Global CTO of Biz2X

On Thursday morning, Vineet Tyagi,  Global Chief Technology Officer of Biz2X sat down with TechGraph for a wide-ranging interview, he discussed about the Biz2X...

Decimal Technologies partners with Ujjivan Small Finance Bank to digitise loan process

Mumbai-based fintech company Decimal Technologies on Monday announced its partnership with Ujjivan Small Finance Bank (USFB) to digitize its loan sourcing. "As a part of...

ICICI Bank Germany introduces ‘Blocked Account’ for Indian students

ICICI Bank Germany, a part of ICICI Bank, today announced the launch of a digital and instant Blocked Account* for students aspiring to study...

Neo Banking — It’s relevance in preventing digital identity fraud

Today, banking has become all about convenience and pace. With an emphasis on technology to enhance user experience with frictionless operations and tailor-made banking...

How Fintech Platforms are Transforming Lending Services?

Fintech platforms have disrupted traditional financial service providers with their advanced technology solutions by making them available to the masses. Traditional banking systems are...

U GRO Capital, Bank of Baroda launches Rs 1,000 Crores Co-lending Program for MSME

Mumbai-based U GRO Capital has announced its partnership with Bank Of Baroda (BoD) to launch a Rs 1,000 crore co-lending program for Micro, small...

Ola Electric secures $100 Mn in debt from Bank of Baroda

India based electric scooter manufacturer, Ola Electric has secured $100 Million in debt financing from Bank of Baroda. Ola Electric in its issued statement said...

In conversation with Subrata Das, Chief Innovation Officer, U GRO Capital

TechGraph recently sat down with Subrata Das, Chief Innovation Officer at U GRO Capital to understand how U GRO Capital is shaping the NBFC...

Jana Small Finance Bank offers an interest rate of 0.25% p.a. over the FD interest rate on Overdraft

To offer financial support to many affected by COVID-19, Jana Small Finance Bank Ltd has extended its Overdraft (OD) facility Against Fixed Deposit (FD)...

Flexmoney raises $4.8 Mn in series A round

Flexmoney, India's First Full-Lifecycle Digital Credit Network Platform for Lenders and Merchants to offer frictionless, secure checkout finance, has raised US $4.8M in its...

Kotak Mahindra Bank to raise Rs 5,000 crore through debt

Kotak Mahindra Bank on Saturday said, "Its board has approved to raise to Rs 5,000 crore through non-convertible debentures (NCDs)." The bank in a regulatory...

Central Bank of India allots 280 crore preferential shares to GoI for Rs 4,800 crore

India's leading public sector bank, the Central Bank of India has allotted over 280 crore shares to the Government of India for Rs 4,800...

Ethereum Creator Vitalik Buterin to speak at Virtual FinTech Forum

Amid the rising use of blockchain in finance and cryptocurrencies emerging as Digital Gold for millennial investors across Asian markets, the alternative investment class...

NiyoX Equitas digital savings accounts 100K customers in 50 days

At a time when more than 80% of the country is under lockdown-like restrictions, the relevance and need of having a digital savings account...

BankSathi raises $200K from Angel Investors

New Delhi-based fintech startup BankSathi Technologies has raised $200K in series seed round funding from a group of Angel Investors. The round saw participation from...

COVID-19: Cashfree allows organizations to digitally raise relief funds

Digital payment company Cashfree has announced the launch of the "Payment Links for Donation" option to allow organizations to accept donations for COVID-19 relief...

Timely & proactive set of announcements for all stakeholders: CH. S.S Mallikarjuna Rao, MD & CEO, PNB

RBI has come out with a timely and proactive set of announcements for all stakeholders, including individuals, small businesses, and MSMEs, to mitigate the...

Yandex acquires Acropol Bank for $14.7 million

Yandex has today announced the acquisition of 100% stakes of Acropol Bank for RUB 1.1 Billion (appx. $14.7 million). In a filing with the exchange,...

Decentro to offer banking API to ICICI Bank

Decentro, a full-stack API banking platform, has partnered with ICICI Bank, a leading private sector bank in India, to offer customized business banking APIs...

Neobank Fi partners with Federal Bank to launch its service India

Neobank for salaried millennials Fi has today announced the launch of its service in India. Fi, was established with a strong purpose to help people...

Paytm Payments Bank books over 900mn digital transactions in March

Paytm Payment Bank Limited (PPBL) on Tuesday said, "It has registered over 900 million digital transactions in March 2021." "The growth in digital transactions was...

U GRO appoints Amit Gupta as Chief of Treasury

A private lending platform for small businesses, U GRO Capital has announced the appointment of Amit Gupta as Chief Treasury Officer. "In this role, he...

HDFC Bank, Kotak Mahindra Bank acquires 9.9 percent stake each in Ferbine

India-based leading private sector lenders HDFC Bank and Kotak Mahindra Bank have acquired 9.99 percent stake each in Ferbine Private Limited, a Pan-India Umbrella...

Former Governor of Bank of England Carney joins Stripe board

U.S.-based digital payment company Stripe Inc has announced the appointment of former governor of Bank of England (BOE), and Canadian Central Bank Mark Carney...

Karnataka Bank reports Rs 34.16 crore fraud against IL&FS Transportation to RBI

Karnataka Bank on Friday said, "It has informed the RBI regarding a fraud of Rs 34.16 crore in credit facility extended to IL&FS Transportation...

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