HDFC Bank to open over 1,000 branches in rural banking push
India’s leading private lender HDFC Bank has created a new business vertical to focus on rural banking. It is part…
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India’s Bank of Baroda launches digital co-lending platform
Indian lender Bank of Baroda (BOB) has launched an end-to-end digital platform to offer loans in partnership with non-banking financial companies (NBFCs).…
Fi launches mutual fund offering; lending products to follow
Indian neo banking platform Fi has launched a new offering to allow customers to invest in mutual funds, media reports said. The…
Central Bank of India to shutter 600 branches to slash cost
Central Bank of India is planning to shut around 600 of its branches in a bid to cut costs, Reuters reported citing…
Neobank Open raises $50m in Series D at $1bn valuation
Indian neo banking fintech Open has raised $50m in a Series D funding round at a valuation of $1bn. The round was…
Government approves another $110m infusion in India Post Payments Bank
India’s Union Cabinet has approved another INR8.2bn ($107.12m) equity investment in India Post Payments Bank (IPPB) to further financial inclusion in the…
HDFC Bank plans 150 new branches; to offer 1000 jobs
Indian private lender HDFC Bank has announced plans to open 150 new branches that will generate direct employment for 1000 people. The…
India’s Kinara Capital raises $50m in Series E round
Indian fintech platform Kinara Capital has raised $50m in a Series E round to offer credit to small business owners in the…