NCLT has approved the merger of IndusInd Bank with Bharat Financial Inclusion

NCLT (National Company Law Tribunal) has approved merger of IndusInd Bank with Bharat Financial Inclusion (BFIL), a microfinance company. The merger is expected to complete within 2-4 weeks. Last year, IndusInd Bank received ‘No Objection’ from Reserve Bank of India, ..

BEML collaborated with Syndicate Bank to finance Earth Moving and Construction Equipment

Syndicate Bank and BEML Limited have inked an pact to finance Earth Moving and Construction Equipment which is manufactured by BEML. It will facilitate the availability of loans and address the growing demand for higher capacity equipment in the Mining ..

Amazon to close online operations in China

Amazon plans to close down online retail operations in China, admitting defeat to local e-commerce rivals such as Alibaba and JD.com. Amazon will continue other operations such as Amazon Web Services in China. Amazon entered China in 2004, when it ..

A unique proposition to pay electricity bill on EMIs is launched by Bajaj Finserv through its lending arm Bajaj Finance Ltd. through the campaign of #BijliOnEMI. Customers can avail an Insta Credit loan in their Bajaj Finserv Wallet to pay ..

HDFC Bank tops Forbes’ list of Indian banks 2019

Forbes has recently compiled a first-ever list of the World’s Best Bank 2019 in terms of customer services and technological advancements. The private lender, HDFC Bank, was ranked at the top of the Forbes list of Indian banks, followed by ..

HDFC Bank recognized as India’s No. 1 Bank: Forbes Magazine

As per Forbes World’s Best Bank survey, HDFC Bank has been recognized as number 1 bank by customers in India. HDFC Bank emerged as India’s No 1 bank. ICICI Bank was at number 2 and SBI was ranked 11th in ..

Google Pay partners with MMTC-PAMP to introduce buying and selling of Gold

Google Pay has partnered with Bullion refiner MMTC-PAMP India to initiate buying and selling of gold through the app to make Google Pay more useful for Indian customers. Through this pact, Google Pay users will be able to buy 99.99 ..

SBI signs first co-origination loan agreement with Paisalo Digital

To empower AGRI, MSME segment and small businesses, the State Bank of India (SBI) has signed the first co-origination loan agreement with PAISALO Digital Limited. It is the first agreement of its kind in the country that SBI has signed. ..