Browsing: Banking

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…

Shailendra Naidu, CEO, Obopay, said, “Digital payments can be a game changer for farmers in today’s technologically driven ecosystem. We are proud to collaborate with Mastercard and develop solutions that will empower farmers in a commercially sustainable way by helping them access online payments and credit.”

YES BANK has integrated Bloomberg’s MARS Front Office and MARS Valuations into its core technology stack. MARS Front Office provides the Bank with Greeks and advanced scenario and stress test capabilities, while MARS Valuations, powered by a high-quality pricing library along with high-quality market data delivers complete valuations for portfolios.

Sanjay Agarwal, MD & CEO,  AU Small Finance Bank, said, “Under our ethos of ‘badlaav’ we are working towards bringing progressive changes within our organisation to make it more supportive and inclusive for everyone.”

Sumit Sanghai, Head- Large Clients Group, ICICI Bank, said, “Over the years, exports have been an integral part of India’s growth. India’s overall exports in FY 2022 grew by 36% to over USD 670 billion from a year-ago period. It is estimated to touch USD 2 trillion by 2030. ICICI Bank intends to support the growth of exporters with an all-encompassing suite of digital solutions.”

The tie-up between SIDBI and M1xchange is expected to bring liquidity to MSMEs at competitive interest rates.

This partnership would enable diverse customers of AU Small Finance Bank to access the entire range of life insurance products offered by HDFC Life.