Browsing: Banking

AU Small Finance Bank has partnered with RuPay to introduce the business cashback RuPay credit card, an innovative solution tailored to meet the financial requirement of self-employed customers. 

Ajay Rajan, Country Head – Digital and Transaction Banking, YES BANK, said, “YES BANK has been at the forefront of digital innovation in the payments landscape of the country. The partnership between YES BANK and Cashfree Payments aims to simplify and revolutionise the way Indian exporters receive payments from across the world. This is aligned with the Government’s focus on boosting exports, especially in the MSME sector to make India a global manufacturing and services hub. The launch of Global Collections will empower the exporters to have real time access and control over their payments and collections journey.”

This license will allow the bank to undertake foreign currency (FCY) transactions and operate in the foreign exchange market, thereby making the Bank complete in terms of its products and services offerings to its customers.

South Indian Bank announced the launch of flexible saving products for NRI customers today. NRIs can now enjoy the flexibility to…

Amit Majumdar, Executive Director – Strategic Initiatives at Angel One Ltd, said, “Angel One has established itself as a leader in fintech. I am excited to once again contribute to the company’s strategic initiatives and drive its growth further. I look forward to working with a talented team to achieve our goals and deliver value to our clients and other stakeholders. It is a great opportunity to enable Angel One to realise its ambitious plans.”

Murali Ramakrishnan, Managing Director & Chief Executive Officer (CEO), South Indian Bank, said, “It has been our constant endeavour to provide our customers with banking products that fulfil their needs. Accordingly, our flexible savings products will offer targeted NRI segments with convenient avenues to park their savings. We are confident that SIB SEAFARER & SIB PULSE will lay the foundation for more such products in the banking domain. I’m sure these products will create a new & universal template for the way NRI depositors transact with banks.”

Small private lender, South Indian Bank recently tied up with Central Board of Direct Taxes (CBDT) for direct tax collections.…

Rajesh Rai, Business Head- West & South, Branch Banking, ICICI Bank said, “India has emerged as the third largest startup ecosystem in the world, underlining the country’s vibrant and innovative startup culture. At ICICI Bank, we offer improved convenience to these new-age businesses through agile and technology led solutions across their life stages. Through our comprehensive ‘Startup Ecosystem Banking’, we support the emerging requirement of Indian startups and aim to become the preferred bank of choice in their growth journey.” 

This AI-powered platform will simplify banks’ complex technical environment and accelerate them from service-oriented architecture to the marketplace powered with cloud technology, Intellect said in the statement. 

Private lender, ICICI Bank recently announced the launch an array of digital solutions for participants of the capital market and…