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…
JP Morgan Chase India Appoints Pranav Chawda as New CEO In a significant leadership change, JP Morgan Chase India has appointed Pranav Chawda as the new Chief Executive Officer (CEO). This appointment reflects the bank’s commitment to strengthening its leadership team in one of the world’s fastest-growing markets. Chawda takes over from Ashok Varadhan, who…
Navi Achieves 5th Spot in UPI Rankings for Second Time Introduction: Navi’s Remarkable Achievement Navi, a prominent financial services company, has recently secured the 5th position in the Unified Payments Interface (UPI) rankings for the second consecutive time. This accomplishment highlights Navi’s significant contribution to India’s digital payment landscape. The UPI system, which has revolutionized…
Bank of Baroda to Sell Oman Operations to Bank Dhofar Overview of the Deal Bank of Baroda (BoB), one of India’s leading public sector banks, has announced the sale of its operations in Oman to Bank Dhofar. This strategic move aligns with BoB’s focus on strengthening its balance sheet and optimizing its international operations. The…
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