The report highlighted that the recovery in disbursements was primarily led by NBFC-MFIs, which recorded 10 per cent QoQ and 27 per cent YoY growth by value. Banks also posted a sequential uptick of 13 per cent QoQ, though YoY growth remained negative. Small Finance Banks (SFBs) reported mod
Mumbai (Maharashtra) [India], February 23: AU Small Finance Bank (AU SFB), India's largest Small Finance Bank and the first in over a decade to receive in-principle approval to transition into a Universal Bank, has been certified as a Great Place to Work® for the sixth consecutive year. The
Mumbai (Maharashtra) [India], February 23: India's digital payments landscape has expanded rapidly over the last few years, and credit cards have moved from being occasional-use instruments to becoming part of everyday financial behaviour. Consumers now rely on them not just for high-value p
Mumbai (Maharashtra) [India], December 23: Ujjivan Small Finance Bank (Ujjivan SFB), serving more than 98 lakh customers across 26 states and UTs, has achieved a transformational leap in digital adoption and customer engagement through its partnership with Netcore Cloud. By deploying hyper-l
Small Finance Banks (SFBs) in India have entered a pivotal phase of their evolution, transitioning rapidly from their microfinance institution (MFI) roots into robust, diversified lenders with multi-product capabilities, according to a report by Systematix Institutional Equities.
Bengaluru (Karnataka) [India], October 6: Jana Small Finance Bank (Jana SFB) and Hotfoot Technology Solutions today announced the successful launch of Jana SFB's Used Car Loan Origination System, powered by Hotfoot's flagship Rapid.ai LOS Platform. This important milestone marks a new era in
Taipei [Taiwan], September 24: XREX Taiwan, a subsidiary of XREX Group and a leading virtual asset service provider, has been officially approved for Anti-Money Laundering (AML) registration by the Securities and Futures Bureau (SFB) under Taiwan's Financial Supervisory Commission (FSC). Thi
New York [US]/ Bengaluru (Karnataka) [India], September 1: Scienaptic AI, a global leader in AI-powered credit decisioning, today announced that Jana Small Finance Bank (Jana SFB), one of India's fastest-growing scheduled commercial banks, has partnered with it to launch Jana Bank's Used Car
Gurugram (Haryana) [India], August 13: slice, which aims to build India's most loved bank, today unveiled its second UPI-powered physical branch in Gurugram, bringing its technology-forward banking philosophy to northern India. The launch follows the groundbreaking debut of India's first UPI
Mumbai (Maharashtra) [India], July 16: Banking should evolve with you--not stay stuck in the past. As your life progresses, so do your financial goals. From opening your first account to managing family finances or planning for retirement, your banking partner should offer solutions that ada
Bengaluru (Karnataka) [India], June 12: Ujjivan Small Finance Bank Limited (Ujjivan SFB) today announced the launch of Ujjivan Rewardz, a multi-tier system designed to reward the customers on their various digital transactions. With this program, Ujjivan SFB aims to further deepen customer e
Bengaluru (Karnataka) [India], June 11: Jana Small Finance Bank (Jana SFB), one of India's leading small finance banks, is pleased to announce that it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a Universal Bank.