CTBC Bank GIFT City unit approved in Gujarat. Taiwan’s largest private bank expands operations in India, deepening international finance and boosting India-Taiwan economic ties. Taiwan’s CTBC Bank to Open New Unit in GIFT City Taipei-based CTBC Bank Expands in IndiaTaiwan’s largest private bank, CTBC Bank, has formally applied to the International Financial Services Centres Authority…
Karnataka Bank Partners with ICICI Lombard General Insurance Introduction Karnataka Bank, a leading private sector bank in India, has recently partnered with ICICI Lombard General Insurance to enhance its insurance offerings. This collaboration aims to provide a wider range of insurance products to the bank’s customers, integrating ICICI Lombard’s insurance solutions with Karnataka Bank’s extensive…
Introduction City Union Bank (CUB) has announced its partnership with Chennai Super Kings (CSK) to introduce a co-branded credit card aimed at cricket fans and banking customers. This strategic collaboration brings exclusive benefits to cardholders, blending financial services with cricket enthusiasm. Features of the Co-Branded Credit Card The new credit card offers unique privileges, including:…
Bajaj Finance & Bharti Airtel Unveil Digital Finance Platform Introduction: A New Era in Digital Finance Bajaj Finance and Bharti Airtel have joined forces to launch a groundbreaking digital finance platform, aimed at revolutionizing the financial services industry. The collaboration between these two industry giants seeks to make digital financial solutions accessible to millions of…
HSBC India Expands: RBI Approves 20 New Branches In a landmark decision, HSBC India has been granted approval by the Reserve Bank of India (RBI) to open 20 new branches across major cities. This expansion is the bank’s most significant physical growth in over a decade and marks a notable shift from HSBC’s previous consolidation…
Justice B.N. Srikrishna to Lead Advisory Board of Equal and OneMoney Introduction to the Appointment of Justice B.N. Srikrishna Justice B.N. Srikrishna, a former judge of the Supreme Court of India, has been appointed to lead the advisory board of Equal and OneMoney, two fintech ventures focused on revolutionizing financial services in India. The announcement…
SBI Card Surpasses 20 Million Credit Cards Milestone Introduction to the AchievementState Bank of India (SBI) Card, a prominent player in India’s credit card market, has achieved a significant milestone by surpassing the 20 million mark in credit cards issued. This achievement places SBI Card among the leaders in the Indian credit card industry, solidifying…
RBI Lifts Supervisory Restrictions on Navi Finserv The Reserve Bank of India (RBI) has recently removed the supervisory restrictions placed on Navi Finserv. These restrictions were imposed on the financial services company due to certain regulatory concerns. The lifting of these restrictions marks a significant step for Navi Finserv in its operations and governance, as…
Praveena Rai Appointed as CEO and MD of MCX In a significant move for the financial markets in India, Praveena Rai has been appointed as the Chief Executive Officer (CEO) and Managing Director (MD) of the Multi Commodity Exchange (MCX). This appointment marks a pivotal moment for the exchange, which plays a crucial role in…
Amitabh Chaudhry Re-Appointed as MD and CEO of Axis Bank by RBI Introduction to Amitabh Chaudhry’s Re-Appointment In a significant development for the banking sector, the Reserve Bank of India (RBI) has re-appointed Amitabh Chaudhry as the Managing Director and Chief Executive Officer (MD & CEO) of Axis Bank. This decision underscores the confidence placed…
