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UNITY SMALL FINANCE BANK
Kissht parent OnEMI completes ₹832 crore preferential issue; 24 new investors join, existing shareholders add stakesOnEMI Technology Solutions Ltd has successfully completed a preferential issue valued at ₹832.20 crore. The company allotted 2,64,93,882 eq...- Blackstone to acquire 16% stake in IIFL Finance as NBFC announces Rs 6,414 crore capital raise led by global investorIIFL Finance is preparing to secure Rs 6,414 crore through a major investment round. Blackstone is set to invest Rs 5,000 crore for a stake...
- Under attack, banks bolster cyber covers, opt for higher sum assured to protect against hitsFor large financial institutions, the biggest impact often is the loss arising from systems remaining unavailable after an attack, rather t...
- FD rate up to 8.6% for senior citizens investing for five years; know the list of banksSenior citizens can invest in fixed deposits with interest rates reaching up to 8.6%. Suryoday Small Finance Bank leads with these attracti...
- RBI approves Balaji Nuthalapadi as interim CEO of Equitas SFBBalaji Nuthalapadi is appointed as the interim chief executive officer at Equitas Small Finance Bank. He will serve a period of three month...
- Festive stocking drives 36% jump in TReDS volumes as small businesses seek working capitalThe five platforms operating under the Trade Receivables Discounting System (TReDS) financed invoices worth Rs 75,788 crore in August and S...
- Equitas Small Finance Bank shares jump 9% after Balaji Nuthalapadi’s appointment as interim CEOThe bank further said that appointment of Nuthalapadi as interim CEO, consequent to the resignation of P. N. Vasudevan as the MD & CEO, sha...
- Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO following PN Vasudevan's resignationEquitas Small Finance Bank has appointed Balaji Nuthalapadi as the interim chief executive officer. This decision comes after the resignati...
- Utkarsh Small Finance Bank reports sixth consecutive quarterly lossUtkarsh Small Finance Bank experienced a loss of Rs 70 crore in the second quarter, marking six consecutive quarters of decline. The lender...
- Bank CD rates surge above 8% amid liquidity squeeze, rising T-Bill yieldsPublic-sector banks have recently increased one-year certificate of deposit rates beyond 8%, influenced by stricter liquidity and high trea...
- The changing C-suite: How finance and HR leaders are driving business transformationCFOs and CHROs are moving beyond traditional responsibilities to become strategic business partners. The discussion explores how finance an...
- Digital payments firms race to fortify defences as cyberattacks intensifyAt Bengaluru-based Cashfree, attempted attacks have been taking place repeatedly over the past three weeks, occurring at least 10 times as ...
- Banks seek microloan guarantee extensionIDFC First Bank and small finance banks such as AU, Jana and Suryoday were among the biggest users of the scheme to reduce credit risk. The...
- Cyberattacks on banks, including AU Small Finance Bank, worry insurers as claim risks riseCyberattacks targeting financial institutions have raised concerns about security vulnerabilities and potential losses. AU Small Finance Ba...
- AU Small Finance Bank data leak: Salesforce says no vulnerability at its endSalesforce has stated no vulnerabilities were found concerning a suspected data leak at AU Small Finance Bank. The bank is investigating cl...
- Up to Rs 5.52 lakh interest on Rs 10 lakh investment: 5-year senior citizen FDs offering up to 8.50% ratesHIghest FD interest rate: Many senior citizens seek stable revenue through fixed deposits to support their daily expenses. Small finance ba...
- AU Small Finance Bank hit by a likely breach of 'limited' dataThe lender is investigating a potential breach of "limited data" pertaining to its vehicle-loan customers. The data was hosted on a third-p...
- AU Small Finance investigating potential data leak involving SaaS platformAU Small Finance Bank is investigating a potential data leak involving a Salesforce-managed software platform that holds limited informatio...
- Blackstone-backed ASK Group appoints Nehal Shah as Group Head of Legal, Compliance and SecretarialBlackstone-backed ASK Asset & Wealth Management Group has appointed Nehal Shah as group head of Legal, Compliance & Secretarial to strength...
- AU Small Finance Bank shares tumble 10% after Q2 results, but Jefferies and Motilal see up to 37% upsideAU Small Finance Bank shares fell up to 10% despite a 53% year-on-year rise in Q2 net profit. Jefferies and Motilal Oswal retained Buy rati...
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