India, April 30, 2026 : Sumitomo Mitsui Financial Group, (SMFG) has infused INR 1,075 crore into SMFG India Credit (SMICC) through a rights issue, reinforcing its long-term commitment to the Indian market and the company’s growth trajectory. Ravi Narayanan, MD & CEO, SMFG India Credit, said, “This capital infusion from SMFG reinforces our strategy and…
Kolkata, April 24, 2026 : DBS Foundation has announced INR 34.40 crore (SGD 4.9 million) in grant funding for its 2025 cohort of 22 businesses for impact across Asia, including two Kolkata-headquartered enterprises – Ikure Techsoft and Kadam Haat Basketry. Along with Lernern from Gurugram, these Indian grantees reflect the growing role of purpose-driven innovation…
Kolkata, April 25, 2026: Axis Finance Limited (“AFL”), a non-banking financial company and wholly-owned subsidiary of Axis Bank, today announced an INR 750 crore primary capital raise from Kedaara Capital via a preferential issuance. This is in addition to the INR 1,500 crore primary raise via a rights issue that was approved by Axis Finance’s…
National, April 24, 2026: YES BANK announced strong financial results for Q4 and full year FY26, showing continued growth in profitability, improved asset quality and accelerated growth. The Bank’s quarterly profit stood at INR 1,068 crore, a 44.7% jump from last year, while the full year profit was INR 3,476 crore, up 44.5%. The Bank’s…
Mumbai, April 20, 2026 : Aditya Birla Capital Limited (“ABCL”), one of India’s leading diversified financial services companies, has introduced ‘LeadHerShip’, a women-to-women mentorship and incubation initiative under its flagship fintech engagement platform, InFiniTe. The program is aimed to support and empower early-stage women entrepreneurs within financial services and fintech ecosystem by enabling access, accelerating capability…
Mumbai, April 03, 2026 : HDB Financial Services, a leading Non-Banking Financial Company serving the evolving financial needs of aspirational India, in collaboration with Amazon Web Services (AWS), successfully concluded the HDB–AWS Ideathon. The initiative brought together some of the country’s most promising innovators to develop production-ready fintech solutions addressing key challenges across lending, risk management, customer…
Kolkata, March 24, 2026 : The recent escalation in the Iran–Israel conflict has begun to weigh on global financial markets, with the Indian stock market also witnessing heightened volatility. Rising geopolitical uncertainty, particularly in the Middle East—a region critical to global oil supply—has raised concerns over potential spikes in crude oil prices and inflationary pressures…
Kolkata, March 6, 2026: Celebrating this International Women’s Day, YES BANK – the leading Indian private sector bank has announced the launch of ‘YES Essence Women’s Salary Account’, a comprehensive solution designed to support the financial and lifestyle needs of working women* . This new offering will bring together a suite of specialised services spanning…
Kolkata, March 01, 2026: TRUST Mutual Fund has announced the launch of the TRUST Mid Cap Fund, an open-ended equity scheme predominantly investing in mid-cap companies. The fund seeks to generate long-term capital appreciation by investing in equity and equity-related instruments of businesses ranked 101st to 250th in terms of full market capitalization, as defined…
Kolkata, February 25, 2026: IndusInd Bank, announced that its digital banking channels are now live on the Next-gen UPI processing platform, marking a transformative leap in India’s real-time payments ecosystem. This new platform sets a fresh benchmark in digital banking by combining advanced speed, scalability, and reliability to deliver uninterrupted, high-performance payment experiences for millions of…
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