Tag archive for ‘Banking industry news’
By businessnewstoday On Thursday, January 21st, 2021
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ICICI Bank launches InstaFX app for authorized money changers

(adsbygoogle = window.adsbygoogle || []).push({}); ICICI Bank, an Indian private sector bank, has launched InstaFX, a new mobile app for authorized money changers or forex partners, for helping customers More...

By Soujanya Ravi On Thursday, January 21st, 2021
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Bank Audi sal to sell Egyptian subsidiary to First Abu Dhabi Bank

Lebanon-based Bank Audi sal has agreed to divest its Egyptian subsidiary – Bank Audi sae to UAE-based First Abu Dhabi Bank (FAB) for an undisclosed price. Bank Audi sae was launched following the acquisition More...

By Soujanya Ravi On Wednesday, January 20th, 2021
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Citi merges wealth management units to create Citi Global Wealth

Citi, a US-based financial services company, has merged the wealth management teams of its global consumer banking (GCB) and the institutional clients group (ICG) divisions to form a single, integrated platform More...

By businessnewstoday On Wednesday, January 20th, 2021
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Airtel Payments Bank launches Airtel Safe Pay for making safe digital payments

Airtel Payments Bank, a subsidiary of Indian conglomerate Bharti Airtel, has launched ‘Airtel Safe Pay’ for safeguarding Airtel customers from increasing incidents of online payment frauds. Airtel Safe Pay has More...

By businessnewstoday On Tuesday, January 19th, 2021
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Yes Bank launches YES MSME finance solution for Indian businesses

Indian private sector bank Yes Bank has launched a new finance solution called YES MSME for the micro, small, and medium enterprises (MSMEs) to help them with speedy and easy access to funds. According to Yes Bank, More...

By businessnewstoday On Saturday, January 16th, 2021
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HDFC Bank Q3 20-21 results – Indian private lender reports 18% growth in net profit at $1.2bn

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 More...

By businessnewstoday On Saturday, January 16th, 2021
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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...

By businessnewstoday On Wednesday, January 6th, 2021
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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...

By businessnewstoday On Wednesday, January 6th, 2021
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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...

By businessnewstoday On Tuesday, December 29th, 2020
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Bank of Baroda introduces digital lending platform for retail loan seekers

Bank of Baroda, an Indian public sector bank, has introduced a digital lending platform for helping prospective retail loan seekers to get loans online via a paperless process irrespective of location and time. According More...