Fincare and AU Bank Merge with RBI Approval
The Reserve Bank of India (RBI) has given its green light to the first ever merger between two small finance banks (SFBs) in India. Fincare Small Finance Bank (Fincare SFB) and AU Small Finance Bank (AU SFB) will amalgamate from April 1, 2024, creating a banking entity with a network of 2334 branches and a […]
NTPC , NGEL and UPRVUNL: Powering Renewable Energy Parks
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, India’s largest power producer, has entered into a joint venture agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL), the state-owned power utility of Uttar Pradesh, to develop renewable power parks and projects in the state. Joint venture agreement details The joint […]
PNB Partners with EaseMyTrip for PNB EMT Credit Card
Punjab National Bank (PNB), one of the leading public sector banks in India, has partnered with EaseMyTrip, one of the largest online travel portals in India, to launch a co-branded travel credit card that targets mass to premium customer segments. The PNB EMT Credit Card promises to offer a variety of rewards and benefits for […]
Chakshu Portal: Govt’s Answer to Fraud Calls and Leaks
Chakshu Portal is a new facility launched by the Government of India as part of the Sanchar Saathi portal, a citizen centric initiative by the Department of Telecommunications (DoT) to empower mobile subscribers, strengthen their security and increase awareness about citizen centric initiatives of the Government . What is Chakshu Portal? Chakshu Portal facilitates citizens […]
Neeraj Chopra: New Face of BPCL’s ‘Speed’ Petrol
Bharat Petroleum Corporation Limited (BPCL), a leading Fortune 500 Maharatna Energy Conglomerate, has announced that Olympic and World Javelin Champion Neeraj Chopra will be the new face of their Premium Petrol ‘Speed’. This collaboration aims to enhance the brand’s appeal as a high-performance fuel that delivers peak performance and efficiency. Neeraj Chopra: A Perfect Fit […]
Amit Shah Inaugurates NUCFDC for Urban Cooperative Finance
Cooperation Minister Amit Shah on Saturday inaugurated the National Urban Cooperative Finance and Development Corporation (NUCFDC), the apex body of Urban Cooperative Banks (UCBs), in New Delhi. The NUCFDC is expected to enhance the development, modernization and capacity of UCBs in the country. Shah said that the NUCFDC was formed after nearly 20 years of […]
Policybazaar Insurance Brokers Receives IRDAI Broker License
Policybazaar Insurance Brokers, a subsidiary of PB Fintech, has become a composite insurance broker after getting the final approval from IRDAI. This will allow the company to sell reinsurance products and expand its reach in the insurance sector. What is reinsurance and why is it important? Reinsurance is the practice of insurers transferring portions of […]
Kotak Mahindra Bank launches with Smart Choice Gold Loan
Kotak Mahindra Bank, one of the leading private sector banks in India, has announced the launch of Smart Choice Gold Loan, a new product that offers customers the benefits of low interest rate, zero processing fee, same-day disbursal and flexible repayment options against their gold ornaments. The product is aimed at aspirational consumers who want […]
Google removes 10 Apps from Indian Play Store Over Fees
Google has taken down 10 popular Indian apps from its Play Store, including BharatMatrimony, Naukri, Truly Madly and Kuku FM, over a fee dispute that has been going on for more than three years. The US tech giant claims that these apps have violated its payment policies by avoiding fees ranging from 11% to 26% […]
Zakya by Zoho: Revolutionizing POS for Small Retailers
Zakya by Zoho is a modern retail POS solution that helps small and medium retailers in India sell better, manage their entire business, and join the digital revolution. Zakya offers a cloud-based and mobile-native platform that can be implemented in under an hour, supports multiple languages, and enables omnichannel sales through in-store, online, and mobile […]