BANKING & FINANCE
Bajaj Finserv To Invest ₹5,800 Cr In Bajaj Finance Convertible Warrants
Bajaj Finserv Ltd, the financial services arm of the Bajaj Group, has approved the subscription to warrants convertible into an equivalent number of equity shares of its subsidiary Bajaj Finance Ltd for an aggregate cash consideration of ₹5,800 crore. The subscription will be made through a preferential allotment on a private placement basis. Bajaj Finserv […]
CW Bureau
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Oct 2, 2026
BANKING & FINANCE
Kotak Mahindra Bank Appoints Anup Kumar Saha As Its New MD & CEO
Kotak Mahindra Bank Ltd has announced that the Reserve Bank of India (RBI) has approved the appointment of Anup Kumar Saha as the Bank’s Managing Director & Chief Executive Officer (MD & CEO) for a three-year term effective January 1, 2027. The Board of Directors will initiate further steps to formalise the appointment and seek […]
CW Bureau
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Oct 1, 2026
STARTUP/TECHNOLOGY
Bajaj Finance Acquires 5% Stake In TrueFan AI For Undisclosed Sum
Bajaj Finance Ltd, part of Bajaj Finserv Ltd, has acquired a 5% stake in TrueFan AI, operated by Hogwarts E-learning Universe Pvt Ltd, an artificial intelligence-powered video generation platform. The investment is part of Finserv Intelligence, Bajaj Finserv’s group-wide strategic initiative focused on applied research and innovation. The initiative aims to develop and support high-tech, […]
CW Bureau
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Sep 8, 2026
BANKING & FINANCE
CreditAccess Grameen Raises ₹425 Cr Through NCDs To Support Growth
CreditAccess Grameen Ltd, a rural-focused inclusive financing platform, has raised ₹425 crore through a private placement of non-convertible debentures (NCDs) to strengthen its funding base. The fund raise comprised ₹325 crore of privately placed NCDs arranged by Nuvama Fixed Income Advisory and ₹100 crore of NCDs placed bilaterally with Bajaj Finance Ltd. Strong investor response […]
CW Bureau
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Jun 29, 2026
