Browsing: Banking

The card will offer Club Vistara Points, Lounge Benefits, Annual Rewards, Golf Benefits, and cover for cancelled flight and hotel bookings

Sivasubramanian Ramann, IA&AS, Chairman and Managing Director of SIDBI recently said that SIDBI achieved the highest-ever outstanding, income, net-profit and balance…

The bank said that the all-new metal debit card from SBM Bank India offers cardholders an unmatched selection of specially curated travel programmes, lifestyle, and luxury benefits beyond the possibilities-available on the invitation to elite clients. Each card comes with the assured concierge network from Mastercard.

Under the MoU, SIDBI and HDFC Bank Limited would work together to provide complete financial product & services to the customers under Micro, Small and Medium Enterprises (MSME). The MoU will facilitate providing complete financial solutions to MSMEs in a seamless manner.

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.”