Finance

Max Financial Hikes Stake In Insurance Arm For ₹153 Cr

Max Financial Services has raised stake in its life insurance arm by buying a portion from Axis Bank for ₹153 crore.... Read more

UK Government Unveils New Fintech Sector Strategy

The UK Government has unveiled a new fintech sector strategy at the second International Fintech Conference in London. Read more

HSBC Invests In Investment Research Technology Firm Visible Alpha

Investment research technology firm Visible Alpha has announced HSBC as a new investor. Read more

Jewellers, Diamantaires Burn More Cash To Get Import Credit

Though business remains largely unaffected, the units are now forced to tap costlier funding options Read more

Lakshmi Vilas Bank, Fisdom Team Up For Digital NPS

Bengaluru-based start-up Fisdom and Lakshmi Vilas Bank have entered into a partnership to enable investments in the Nat... Read more

Balrampur Chini Invests ₹37.5 Cr In Auxilo Finserve

Commits further investment of ₹350 cr along with Enam’s Akash Bhanshali Read more

IRDAI Extends Deadline For Linking Aadhaar With Insurance Policies

The Insurance Regulatory and Development Authority of India (IRDAI) has extended the deadline for linking of insuranc... Read more

Equitas Bank Ties Up With CSK, Launches Yellow Army Savings Account

Equitas Small Finance Bank has launched a new ‘Yellow Army Savings Account’ to increase its customer base through ... Read more

MobiKwik In Talks With Partners To Offer Loans

To launch instant credit disbursal product soon Read more

PNB Issued Over 41K LoUs Since 2011: FinMin

Scam-hit Punjab National Bank (PNB) had issued as many as 41,178 Letters of Undertaking (LoUs) since 2011, of which 1,5... Read more

Shriram Transport Raises ₹ 1,830 Cr Via Bonds

Shriram Transport Finance Company today said it has raised ₹ 1,830 crore by issuing bonds on a private placement bas... Read more

New Tool To Switch On/off Cards To Check Fraud

Amidst rising instances of online frauds, a new software tool allows credit/debit card customers to switch on or off t... Read more

NBFCs Urged To Comply With Money Laundering Rules

Unregistered NBFCs pose a risk to the financial system Read more

Steward Bank Selects NetGuardians' Software To Fight Financial Crime

Zimbabwe-based Steward Bank has selected NetGuardians' software in its fight against cyber-fraud. Read more

ASI, Virgin Money To Create New JV For Asset Management Services

Virgin Money has agreed to establish a joint venture (JV) with Aberdeen Standard Investments (ASI), the investment arm o... Read more