Bharti Airtel (“Airtel”), India’s premier communications solutions provider, and Axis Bank, India’s third-largest private sector bank, announced a strategic partnership to strengthen the growth of India’s digital ecosystem through a range of financial solutions. In a bid to accelerate adoption ...

HDFC Bank has partnered with Indore Clean Energy Private Limited (ICEPL) for the development of Gobar-Dhan plant in Indore under its Environmental, social, and governance (ESG) commitments. The 550-tonne capacity “Gobar-Dhan (Bio-CNG) Plant” was inaugurated by PM Modi in Indore, Madhya Pradesh on ...

Bank of Maharashtra has tied up with Mahagram to roll out the ‘Bank Sakhi’ project in Odisha. The fintech would provide financial technology and infrastructure support to augment rural financial inclusion. As part of the tie-up, the company has onboarded more than 11,000 bank sakhis (women) on ...

To tide over the challenges to meet business-related expenses by MSMEs, Union Bank of India and the National Payments Corporation of India (NPCI) have jointly launched a credit card for the borrowers, offering interest-free credit for up to 50 days. It is a first-of-its-kind initiative in the ...

The RBI has mandated that non-banking financial companies (NBFCs) – middle and upper layer -- having 10 and more 'Fixed point service delivery units'  as on October 1, 2022, will have to implement Core Financial Services Solution (CFSS), akin to the Core Banking Solution (CBS) adopted by ...

Bank of Baroda has signed a Memorandum of Understanding (MoU) with Assam Rifles to provide 'Central Forces Salary Package'. Under the agreement, Bank of Baroda will offer the Baroda Central Forces Salary Package to all personnel of the Assam Rifles, both serving ...

State Bank of India (SBI), Bank of Baroda (BoB), Punjab National Bank (PNB), Union Bank of India (UBI), Canara Bank, and Bank of Maharashtra (BoM) have announced subscription to the shares of India Debt Resolution Company Ltd (IDRCL). PSBs and public Financial Institutions (FIs) will hold a ...

Bank of Baroda on Tuesday said it has signed a Memorandum of Understanding (MoU) with Assam Rifles, the country's oldest paramilitary force, to provide 'Central Forces Salary Package' to all personnel of the Assam Rifles. Bank of Baroda will also provide special benefits, including Personal ...

Private sector lender Kotak Mahindra Bank Ltd (KMBL) said on Friday that it has partnered with Ezetap to provide integrated Point of Sale (PoS) solutions across 4,000 locations in India. The initiative will further strengthen the Bank's presence in the digital payments market space. The ...

IndusInd Bank has been empaneled by the SFAC to facilitate digital collection and settlement services on e-NAM portal.   Under this arrangement, the bank will offer an array of transaction services through digital modes including multi-net banking , debit card, NEFT, ...