Union Bank of India becomes the first Public Sector Bank to join the Account Aggregator Ecosystem

May 06, 2022

New Delhi [India] May 6 (ANI/ATK): The Account Aggregator Ecosystem framework went live in Sept 2021. The ecosystem helps lenders to leverage on digital...

IIFL Home Finance signs pact with PNB for co-lending

Sep 17, 2021

New Delhi [India], September 17 : IIFL Home Finance on Friday signed an agreement with Punjab National Bank (PNB), the country's second largest public...

Public sector banks outperformed private banks by a wide margin in net profits during Q2 FY25: SBI

Nov 07, 2024

The net profit of public sector banks has surpassed that of private sector banks by a wide margin on a Year-on-Year basis, highlighted a...

Moody's maintains stable outlooks on three Indian public sector banks

Jun 07, 2024

Moody's Ratings (Moody's) on Friday affirmed the Baa3 ratings on three Indian public sector banks -- Bank of Baroda (BOB), Canara Bank, and Punjab...

Vistaar Financial Services Private Limited has raised Rs. 150 Crores from Bank of Baroda

Apr 06, 2022

Bengaluru (Karnataka) [India], April 6 (ANI/BusinessWire India): Bengaluru-based MSME focused lender Vistaar Financial Services Private Limited ("Vistaar Finance") has raised Rs. 150 Crores from...

REC signs USD 100 million foreign currency term loan agreement with EXIM Bank

Sep 06, 2023

REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has signed a Foreign Currency Term Loan Agreement for USD 100...