India's Budget 2025-26 Coverage
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Topics: Banks

UBS appoints Uday Odedra as India Head

UBS Bank on Monday announced the appointment of Uday Odedra as India Country Head. This is in addition to his current role as Head...

ICICI Bank launches ‘Mine’ for millennial customers

India's leading private sector bank, ICICI Bank has announced the launch of India's first comprehensive banking program for millennial customers (From age bracket of...

Interview: “AI-based voice applications are still at a nascent stage,” says Ganesh Gopalan of Gnani.ai

Speaking with the TechGraph, Ganesh Gopalan, CEO & Co-founder of Gnani.ai said, "AI-based voice applications are still at a very nascent stage, but we...

Capital Float finances Rs 400 crores of consumer purchases

Capital Float on Monday said, that it has financed customer purchases worth Rs 400 crores during the pandemic. In a statement issued, the company said, ...

In conversation with Pruthiraj Rath, CEO of Payzello

Today, we speak with Pruthiraj Rath, CEO of Payzello on the journey of Payzello and how it is shaping the neo banking sector through...

Interview: Sameer Aggarwal Founder of Revfin says, “Lending sector has seen a disproportionate impact during COVID-19′

In an interview with TechGraph, Sameer Aggarwal, Founder & CEO of Revfin said, "This (COVID-19) crisis has impacted most of the economy but the...

Walrus launches personalized signature cards for teenagers

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

SUGAR Cosmetics secures $2 million in debt round funding from Stride Ventures

Leading cosmetics brand, SUGAR cosmetics has raised $2 million in debt round funding from Stride Ventures. Led by Stride Ventures, the fund has also partnered...

IDBI Bank launches WhatsApp banking services for its customers

India based private sector bank, IDBI bank on Friday announced the launch of its 24x7 WhatsApp banking services for its customers. The bank in its...

KwiK.ID completes 1,00,000 video based KYC sessions in six month

India's leading AI-enabled video KYC solution provider, KwiK.ID on Thursday said, "It has crossed over 1,00,000 successful video KYC sessions since February 2020, with...

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

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...

Interview: “As like cricketers, Startups is born in every gali of India,” Says Devansh Lakhani, Director of Lakhani Financial Services

In an interview with TechGraph, Devansh Lakhani - Director of Lakhani Financial Services said, "What I can tell you from working with multiple startups...

Canara Bank to raise Rs 2,000 crore through QIP

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...

Geojit launches WhatsApp channel to simplify the stock trading experience for its clients

Geojit Financial Services Ltd., has announced the launch of a one-of-its-kind WhatsApp Channel for its clients which will offer the convenience of stock trading...

Interview: U GRO Capital MD Shachindra Nath says, “GDP of -23.9% should be looked at objectively and precise steps to be taken to create...

In an interview with TechGraph, Shachindra Nath – Executive Chairman and Managing Director of U GRO Capital, said: “Negative growth of 23.9% of GDP...

Bajaj Finserv, Shinhan Bank partners with Kwik.ID for Video KYC service

India-based video KYC solution Kwik.ID has announced its partnership with Bajaj Finserv and Shinhan Bank to provide video-based KYC solutions to the banks. In a...

Kwik.ID records 300% increase in video KYC

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...

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

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...

Indian Bank cuts interest rates on gold loans for Farmers

India leading public sector lender, Indian Bank has said, "With effect from July 22, 2020, Agricultural Jewel Loans are sanctioned at 7 percent fixed....

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

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

Yes Bank Board approves fundraising plan through FPO

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...

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

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...

Axis Bank to suspend UK subsidiary

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...

LIC Managing Director T C Suseel Kumar joins Axis Bank board

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

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

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...

Paytm Payouts transfers Rs 1,500 crores

India-based e-wallet company, PayTM said, "Its Paytm Payouts has transferred over Rs 1,500 crore in salaries and other benefits for medium and large enterprises." Launched...

NPCI: Transactions through Google Pay are protected by law

National Payments Corporation of India (NCPI) on Thursday said, "As Google Pay is classified as third-party app provider (TPAP), the transaction made through it...

Google Pay says, “Our platform is fully protected as it works with banks to allow payments through UPI”

After the Reserve Bank of India (RBI) told the Delhi High Court that, "As Google Pay does not operate any payment systems, it does...

Crosses rally on robust PMIs

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...

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

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...

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