Search For "banking"
South Indian Bank sets History with a record Net Profit of Rs 1,070 Crore
Updated : 1 year, 10 months ago IST
Thrissur (Kerala)/ Mumbai (Maharashtra) [India], May 3: South Indian Bank declared net profit of Rs 1,070.08 Cr. for the FY 23-24 registering a growth of 38.06% compared to Rs 775.09 Cr. in FY 22-23.
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InCred Capital's Investment Banking business continues winning streak; exc
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], May 3: The Investment Banking business of InCred Capital has closed another coveted deal, a mark of the significant strides it has been making in M&A, ECM (Equity Capital Markets) and DCM (Debt Capital Markets).
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IndoStar FY'24 Result: 49% Growth in Focus Retail AUM and 267 Bps improvem
Updated : 1 year, 11 months ago IST
Mumbai (Maharastra) [India], April 30: IndoStar is a non-banking finance company (NBFC) registered with the Reserve Bank of India classified as a Middle layered NBFC, announced the audited financial results for the quarter and year ended March 31, 2024, earlier today.
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Azentio Software wins three honours at IBSi Digital Banking Awards 2024
Updated : 1 year, 11 months ago IST
Singapore, April 30: Azentio Software ("Azentio"), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won three awards with its respective clients, at the IBSi Digital Banking Awards 2024 ceremony, held as a part of the prestigious
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RBI cancels registration certificate of Acemoney (India) Ltd due to irregu
Updated : 1 year, 11 months ago IST
The decision to revoke the CoR was made in light of the company's violations of RBI guidelines on risk management and code of conduct in outsourcing financial services, particularly in its digital lending operations conducted through various third-party apps.
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NPST Delivers Stellar Performance in FY 2024, Posts 216% Growth in YoY Rev
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], April 29: Network People Services Technologies Limited (NPST) (NSE EMERGE - NPST), a fintech company bridging the banking and fintech worlds with their product suite of Technology and payments,announced strong Audited Q4 FY24 and FY 2024. Buoyed by a winning co
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NPST Delivers Stellar Performance in FY 2024, Posts 216% Growth in YoY Re
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], April 29: NPST, a leading provider of digital banking and payment technology solutions listed on the NSE SME exchange, announced strong fourth quarter and full-year results for FY 2024. Buoyed by a winning combination of favourable growth in digital payments, a
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Bank of Sharjah acts as Joint Lead Manager, Bookrunner in USD300 million s
Updated : 1 year, 11 months ago IST
Bank of Sharjah acted as a joint lead manager and bookrunner in a USD300 million Additional Tier 1 (AT1) 5.5-year sukuk for Kuwait International Bank (KIB), alongside other international and regional banks.
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RBI initiates transition plan: Small finance banks to ascend to universal
Updated : 1 year, 11 months ago IST
According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eligibility criteria. Firstly, they must maintain a satisfactory track record of performance for a minimum of five years.
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Former NABARD Chairman Dr. Govinda Rajulu Chintala Joins IIFL Samasta Fina
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], April 26: IIFL Samasta Finance, which is one of India's largest non-banking microfinance companies (NBFC-MFI), today said that Former Chairman of NABARD, Dr. Govinda Rajulu Chintala has joined as independent director and Chairman of the Board at IIFL Samasta Fin
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RBI bars Kotak Mahindra Bank from onboarding new online customers, issuing
Updated : 1 year, 11 months ago IST
The Reserve Bank of India (RBI) has directed Kotak Mahindra Bank to cease onboarding new customers through its online and mobile banking channels, and issuing fresh credit cards.
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Paytm progresses with UPI migration with banking partners, focuses on UPI
Updated : 1 year, 11 months ago IST
Popular fintech company Paytm is actively collaborating with its banking partners to ensure a smooth transition to its new Unified Payments Interface (UPI) platform for merchants and consumers alike.
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