HDFC Bank Q3 20-21 results – Indian private lender reports 18% growth in net profit at $1.2bn
(adsbygoogle = window.adsbygoogle || []).push({}); HDFC Bank Q3 20-21 results : Indian banking and financial services company HDFC Bank reported an increase of 18.1% in its net profit after tax for the third quarter of 2020-2021 that ended 31 December at INR 8,758.3 crore ($1.2 billion), compared to the same quarter of the previous year. The More...
Bharti Airtel sells stake in Loan Singh creator Seynse Technologies
Bharti Airtel revealed selling its stake in Indian financial technology company Seynse Technologies, the creator of a digital lending platform called Loan Singh, for an undisclosed price. According to a regulatory More...
Infosys to acquire assets of Australian design agency Carter Digital
Indian IT services firm Infosys has signed an agreement to acquire assets of Australian design agency Carter Digital for an undisclosed price. As part of the deal, Carter Digital’s employees will join Infosys. According More...
ICICI Bank Niyo Bharat Payroll Card launched for MSME workers
ICICI Bank, an Indian private sector bank, has entered into a partnership with fintech company Niyo, to issue the ICICI Bank Niyo Bharat Payroll Card to workers of micro, small and medium enterprises (MSMEs). MSMEs More...
Infosys Q3 2020 results : Indian IT services giant reports $705m net profit
Infosys Q3 2020 results : Indian IT services giant Infosys has reported net profit of $705 million for the three months ended 31 December 2020 (Q3 2020), a 12.6% growth compared to $626m reported in the same period More...
Safehold Special Risk acquires motorsports insurance firm WSIB Insurance
Safehold Special Risk, a program administrator that offers access to tailored insurance solutions for niche businesses and industries across the US, has acquired WSIB Insurance Agency. The financial terms of the More...
Thoma Bravo-backed Majesco acquires insurtech company ClaimVantage
Majesco, a provider of cloud insurance platform software, has acquired insurtech company ClaimVantage, for an undisclosed price. Based in Portland, Maine, ClaimVantage offers enterprise claims software and also More...
Westland Insurance acquires Nova Scotia-based Storm Insurance Group
Westland Insurance Group, a Canadian property and casualty insurance broker, has wrapped up its previously announced acquisition of Storm Insurance Group based in Nova Scotia. The deal was announced in December More...
Bank of Baroda, SIDBI sign MOU to enable MSMEs to apply for restructuring
Bank of Baroda (BoB) has inked a memorandum of understanding (MOU) with the Small Industries Development Bank of India (SIDBI) for enabling micro, small, and medium enterprises (MSMEs) to apply online for one-time More...
Shivalik Bank secures commercial banking license from RBI
Shivalik Small Finance Bank (SSFB) has secured a commercial banking license from the Reserve Bank of India (RBI) to operate as a small finance bank (SFB) in India. Headquartered in Saharanpur, Uttar Pradesh, Shivalik More...