bank


Cube Begins RegTech Roll Up With Acquisition Of The Hub

FinTech - Published date: .

RegTech Cube has acquired AI-driven data capture firm The Hub, the first of a planned series of acquisitions to drive co... Read more

Flutterwave Eyes Up Railsr

FinTech - Published date: .

African payments technology unicorn Flutterwave has entered the running to acquire embedded banking platform Railsr, whi... Read more

Coinbase To Lay Off 950 Employees

FinTech - Published date: .

Coinbase is to shrink its workforce by a quarter in response to the bearish headwinds hitting the crypto sector. Read more

Finextra's Year In Review

FinTech - Published date: .

With 2022 drawing to a close, we take a look back at our most popular news items, videos and community engagement activi... Read more

Bank Of Baroda Enables Digital Loans Through Account Aggregator Framework

World - Published date: .

The Account Aggregator framework has many benefits, right from giving customers greater control over their financial inf... Read more

Ujjivan Small Finance Bank Raises <span Class='webrupee'>₹</span>475 Crore Through QIP

World - Published date: .

The issue price of ₹21 apiece reflects a discount of 4.24% to the floor price of ₹21.93 per share. Read more

WAARE Partners With SBI To Finance Projects For Consumers, Channel Partners

Banking - Published date: .

/ -- WAAREE, India's largest Solar Panel manufacturer, has entered into an Agreement with SBI for availing unsecured fin... Read more

IndusInd Bank, ADB Partner To Support Supply Chain Financing

World - Published date: .

IndusInd Bank aims to grow its presence in MSME financing and this partnership with ADB will further strengthen various ... Read more

Canara Bank Probes Fraud In Unit After Whistleblower Complaint: Report

Banking - Published date: .

The whistleblower letter, sent at the end of December and also addressed to Reserve Bank of India and the National Housi... Read more

HDFC Bank To Infuse Rs 3 Cr To Acquire Stake In Debt Resolution Firm IDRCL

Banking - Published date: .

HDFC Bank on Tuesday said it has inked an agreement to invest Rs 3 crore in the first tranche to acquire a stake in debt... Read more

IDFC First Bank Aims Retail Loan Book Growth Of 25% On Long-term Basis

Banking - Published date: .

IDFC First Bank reported a net profit of Rs 452 crore in 2020-21. There was a net loss of Rs 2,864 crore in FY20. Read more

SBI Scraps Processing Fees, Lists More Offers For Retail Customers

Banking - Published date: .

The country's largest lender State Bank of India on Monday announced a slew of offers for its retail customers ahead of ... Read more

IDFC First Bank Logs Rs 630 Cr Q1 Loss On Higher Covid Provisioning

Banking - Published date: .

Private lender IDFC First Bank on Saturday reported a net loss of Rs 630 crore in the April-June quarter due to provisio... Read more

Yes Bank To Sell Property Of Magnum Solution For Recovery Of Rs 345 Cr

Banking - Published date: .

Yes Bank has invited bids for sale of immovable assets of a borrower, E Commerce Magnum Solution Ltd, to recover dues of... Read more

CARE Downgrades Rating For Lakshmi Vilas Bank's Issued, Proposed Securities

Banking - Published date: .

The 93-year old private sector Lakshmi Vilas Bank (LVB) on Friday said credit rating agency CARE Ratings has downgraded ... Read more

Will Recover Money From LVB, Officials Won't Be Pardoned: Religare Chief

Banking - Published date: .

Religare Enterprises has said its NBFC arm Religare Finvest will be able to fully recover its fixed deposits, with an in... Read more

Canara Bank To Raise Up To Rs 2,000 Cr Equity Capital Through QIPs

Banking - Published date: .

As per the filing, the number of equity shares of the face value of Rs 10 each in one or more tranches with a premium wi... Read more

Canara Bank Raises Rs 1,012 Cr By Issuing Basel III Compliant Bonds

Banking - Published date: .

Canara Bank on Friday said it has raised Rs 1,012 crore by issuing Basel III compliant bonds Read more

NCLAT Sets Aside Insolvency Proceedings Against Sarda Agro Oils

Banking - Published date: .

NCLAT set aside the insolvency proceedings initiated against Sarda Agro Oils citing that claims were filed by the lender... Read more

Union Bank Posts Q1 Net Profit Of Rs 341 Cr, Total Income At Rs 20,487 Cr

Banking - Published date: .

State-owned Union Bank of India on Friday reported a consolidated net profit of Rs 340.95 crore for the first quarter en... Read more