Private sector lender HDFC Bank has launched a 30-minute ‘Xpress Car Loans’ for its existing customers as well as new customers. Buyers can apply for up to Rs 20 lakh and the loan amount will be credited to the dealers’ accounts within 30-minute. The bank has integrated its lending ...

Indian Bank has unveiled a digital broking solution named E-Broking, which allows customers to open a Demat and trading account. E-Broking is a strategic step toward a complete digitalisation of its offerings to customers. IndOASIS (mobile banking application) also offer a ...

The Reserve Bank of India (RBI) has raised the Repo rate by 40 basis points to 4.40% and the cash reserve ratio (CRR) by 50 basis points to 4.50%. Aim: To bring down the raised inflation to the desired level and tackle the impact of geopolitical tensions. ...

Canara Bank in association with the Additional Skill Acquisition Programme (ASAP) has launched ‘skill loans’. Under this facility, the loan is ranging from ₹5,000 to ₹1.5 lakh. This loan can be availed of by students who are pursuing skill training programmes which ...

Bengaluru-based neo banking startup titled ‘Open’ becomes the country’s 100th unicorn after raising $50 Mn from IIFL. Open operates neobank that offers small and medium-sized businesses as well as enterprises nearly all the features of the bank with additional tools to better ...

Union Bank of India became the first public sector bank to go live on the Account Aggregator (AA) ecosystem, the bank said on April 29, which facilitates sharing of financial information on a real-time basis between the regulated entities. Reserve Bank of India licensed Account Aggregator ...

Bank of Baroda has launched "bob World Gold", a new feature on its bob World mobile banking platform for seniors and the elderly. It is a unique digital banking platform that has been designed to provide its senior customers with a simple, smooth and secure mobile ...

The World Bank has approved a USD 47 million financial support to the Government of India for the Mission Karmayogi, a national program to build civil service capacity. The loan of $47 million provided from the International Bank for Reconstruction and ...

The World Bank will provide financial assistance to Sri Lanka of USD 600 dollars to meet the payment requirements for essential imports. Sri Lanka has also talked with the International Monetary Fund (IMF) for financial assistance, but the country needs 3 to 4 billion ...

Airtel Payments Bank has partnered with IndusInd Bank to offer fixed deposit (FD) facilities to its customers. A customer can open FD of Rs 500 up to Rs 190,000 on the Airtel Thanks app. With this partnership, customers of Airtel Payments Bank savings account will ...