Fincare SFB promoters to pump in ₹700 crore as part of the merger deal with AU Small Finance Bank
The promoters of Fincare SFB, namely Fincare Business Services Limited, will bring ₹700 crore of capital as part of the
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Category: Banking & Financial Services
Co-op Banks should approach RBI’s Dept of Supervision for a change in name
The Reserve Bank of India (RBI) has directed cooperative banks desirous of changing their name to approach the Department of
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Merger complimentary in all aspects: Sanjay Agarwal, MD and CEO, AU SFB
Fincare SFB being a bank was the main attraction for the merger, says Sanjay Agarwal, MD and CEO, AU Small
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SBI Card Sees Q3 Sparkle on Festive Season Spending Boost
SBI Cards & Payments Services (SBI Card), the country’s largest pure-play credit card issuer, is upbeat about clocking a better
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TVS Credit records 40 per cent growth in Q2 net profit at ₹134 cr
Non-banking finance company TVS Credit Services Ltd has posted a profit after tax for the July-September quarter at ₹134 crore
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Private banks see strong loan growth in Q2 led by retail, margins under pressure
Private banks posted another quarter of healthy results in Q2 FY24 on the back of strong growth in retail, MSME
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Fincare SFB to merge with AU Small Finance Bank
AU Small Finance Bank announced the merger of Fincare Small Finance Bank with itself on Sunday night. Confirming businessline’s newsbreak
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No passive directors: RBI to bank boards
In a move to improve accountability of the board of directors, the Reserve Bank of India is asking banks, especially
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IDBI Bank sell off: Asset valuer to identify intangibles not on the balance sheet
The Department of Investment and Public Asset Management (DIPAM) has said that the asset valuer for IDBI Bank will identify
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SBI onboards MS Dhoni as brand ambassador
State Bank of India (SBI) has onboarded Mahendra Singh Dhoni, former Indian cricket team captain, as its brand ambassador. “Dhoni’s remarkable capacity
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