Weekly Insights from The Banking & Finance Post: Delve Deep into the post-event highlights from Elets 15th NBFC100 Tech Summit
HDFC Bank Q2 Results: Net profit surges 50% to Rs 15,976 cr
HDFC Bank’s consolidated net revenue increased by 114.8 per cent to 66,317 crore for the quarter ended September 30, 2023, from 30,871 crore for the quarter ended September 30, 2022.
Elets 15th NBFC100 Tech Summit: Advancing New Horizons in Financial Technology and Innovation
Elets Technomedia and The Banking & Finance Post successfully wrapped up its 15th edition of the Elets NBFC100 Tech Summit on October 11th at the ITC Maratha, Mumbai.
HDFC Bank launches ‘Bank on Wheels’ in Karnataka
HDFC Bank launched a cutting-edge ‘Bank on Wheels’ van in Ashok Circle, Koppal District, Karnataka. With this effort, HDFC Bank is bringing banking to people’s homes in semi-urban and rural areas of Karnataka to increase access to banking.
Data-driven insights: The key to unlocking the power of good credit clusters
In the world of lending, precision is paramount. The ability to identify borrowers who are not only creditworthy but also likely to excel in their financial endeavours can make all the difference.
Technology-driven ESG Practices in Banking to Boost Financial Performance
In today’s rapidly evolving landscape, the banking industry faces a momentous challenge: meeting the ever-growing demands of environmental, social, and governance (ESG) issues.
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ICICI Bank introduces ‘iFinance’ for viewing savings and current accounts across banks
ICICI Bank announced the launch of ‘iFinance,’ allowing crores of retail and single proprietor clients to obtain a consolidated view of their savings and current accounts at one place. Customers of other banks can also benefit from this facility, which ICICI Bank has introduced on the Bank’s digital platforms, namely the iMobile Pay app, Retail Internet Banking (RIB), Corporate Internet Banking (CIB), and InstaBIZ, the Bank’s mobile app for businesses, by leveraging the Account Aggregator ecosystem.
CredAble partners with Mahindra First Choice to ease their invoicing process
CredAble, a prominent fintech platform that provides working capital and supply chain finance solutions, has collaborated with Mahindra First Choice Wheels Ltd (MFCWL), a major participant in India’s pre-owned auto business, to streamline their invoicing process.
Axis Bank partners with Fibe to introduce India’s First Numberless Credit Card
Axis Bank, one of India’s top private sector banks, and Fibe (previously known as EarlySalary), India’s premier Fintech, collaborates to launch India’s first-ever numberless credit card for tech-savvy Gen Zs.
Cashfree Payments collaborates with Global Trade Plaza to provide cross-border payments to Indian exporters
Cashfree Payments, India’s largest payments and API banking firm, has teamed with Global Trade Plaza, a worldwide B2B Marketplace, to improve cross-border payments for Indian exporters.
Federal Bank Q2 Results: Net Profit surges 36% to Rs 954 Crore
Federal Bank, a private sector lender, reported a growth in net interest revenue that helped the company’s standalone net profit for the second quarter of this fiscal year by 35.54 per cent to Rs 953.82 crore.