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ICICI Bank to acquire 10 lakh equity shares in ONDC

ICICI Bank ICICI Bank on Tuesday said that it will invest Rs 10 crore to buy 10 lakh equity shares in Open Network for Digital...

HDFC Bank to acquire stake in IDRCL for Rs 3 crore

HDFC Bank on Tuesday has announced that it has entered into an agreement to invest Rs 3 crore in the first tranche to acquire...

How banks can compete with Fintechs in the digital offerings

Fintech payments firms have played a crucial role in the rapid growth of digital payments in India. However, the dominance of these fintech companies...

Vivriti Capital raises $55 million funds from existing investors

A mid-market lender, Vivriti Capital has raised $55 million from two of its existing investors, Lightrock India and Creation Investments in a new funding...

FPI outflow on rise in 2022

Amid heightening geopolitical tensions between Russia and Ukraine and inflation concerns, foreign investors have pulled out a net Rs 1,14,855.97 crore from the Indian...

No disabled student has availed Free Coaching Scholarship from 2019-2022 – Parliamentary Committee Report

A report by the parliamentary standing committee tabled in the Lok Sabha on Thursday has revealed that the number of disabled students availing Free...

6 percent stake acquired by PNB in public digital e-commerce platform

Punjab National Bank said it has acquired a 6 percent stake in Open Network for Digital Commerce (ONDC), a digital e-commerce platform for Rs...

SBI collaborates with housing finance companies to provide affordable loans

The State Bank of India (SBI) on Thursday said that it has collaborated with five housing finance companies to serve the underserved and unserved...

BoB in collaboration with Paisalo to offer small-ticket loan to MSMEs and women entrepreneurs

Bank of Baroda has announced that it has signed a co-lending agreement with Paisalo Digital, a non-banking financial firm to offer small-ticket business loans...

Fintech firm Clear collaborates with 5Paisa to make ITR filing hassle-free for traders

Fintech firm Clear has collaborated with 5Paisa to simply income tax return (ITR) filing hassle-free for traders. 5paisa is India's fastest-growing discount stockbroker with...

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