New Delhi [India], August 30: Gretex Corporate Services Limited (GCSL), a renowned SEBI Category-I Merchant Banker, has announced a Right Issue of up to 12,79,513 equity shares worth Rs. 2,686.98 lakh as a significant step towards strengthening its financial base and promoting growth. This i
New Delhi/ Mumbai (Maharashtra) [India], August 30: BUSINESSNEXT, a universe of composable enterprise solutions for banks and financial services has been positioned as a ‘Leader’ in The Forrester Wave™ Financial Services CRM, Q3 2023 report for its purpose fit CRMNEXT platform. Forrest
The Delhi High Court on Tuesday directed the Central government to decide on the application moved by the Centre for Policy Research (CPR) on September 5 seeking utilisation of funds lying in the bank account that have been frozen by the Centre.
The power plant, located in Tirunelveli district in Nadu, is expected to generate about 50.7 gigawatt-hours of electricity annually and will directly sell power to commercial and industrial users.
Edison (New Jersey) [US], August 29: Orion Innovation (Orion), a leading digital transformation and product development service firm, is excited to announce a strategic partnership with Philippines-based Cebuana Lhuillier Bank in its transformative journey towards financial inclusion and mod
The Enforcement Directorate (ED) said on Monday that it has arrested a person under the provisions of the Prevention of Money Laundering Act (PMLA) in a case connected to a bank fraud amounting to Rs 700 crore against RP Infosystems Ltd.
Abu Dhabi Islamic Bank (ADIB) has introduced enhanced international transfer features on its mobile app and internet banking. The improvements come as the bank reports a notable 20 per cent year-on-year increase in remittances during H1 2023
A meeting of the sub-committee of the Financial Stability and Development Council (FSDC-SC) was held on Monday at the Reserve Bank of India. Reserve Bank of India Governor Shaktikanta Das chaired the meeting.
PMJDY has brought the unbanked into the banking system, expanded the financial architecture of India and brought financial inclusion to almost every adult.
New Delhi [India], August 28: In a landmark shift that promises to reshape India's financial landscape, Surety Seven has introduced a revolutionary approach to Surety Bonds. As a response to the Union Budget of 2022's policy change that accepted Surety Bonds as an alternative to traditional
Hyderabad (Telangana) [India], August 28: Techno Paints, which manufactures and sells paints, on Monday said it introduced the latest Colour Banks technology. According to it, only 5-6 companies are using this technology in India. Terming the launch of Colour Banks as a major milestone for t
Bangalore (Karnataka) [India], August 28: FinBox, a credit infrastructure provider, has developed an AI-powered credit decisioning platform called Sentinel that has led to streamlined loan processing, enhanced efficiencies in the lending process, and improved risk monitoring.