Tag: India finance
BANKING & FINANCE SBI Card Eyes Premium Growth, Digital Expansion Through YONO 2.0

SBI Cards and Payment Services Ltd, the pure play credit card player, plans to strengthen customer acquisition through SBI YONO 2.0, expand its presence in premium and co-branded cards, and accelerate digital transformation as part of its next phase of growth. “As we continue to build on our progress, we remain focussed on strengthening the […]

CW Bureau · Aug 4, 2026
BANKING & FINANCE Cholamandalam Investment Aims To Become Leading Financial Institution

Cholamandalam Financial Holdings Ltd (CFHL), the Core Investment Company of  the Murugappa Group said its financial services arm Cholamandalam Investment and Finance Company Ltd (Chola) is making steady progress towards its long-term goal of emerging as a leading financial institution. The company said investments in technology, product expansion and customer engagement continue to support sustainable […]

CW Bureau · Jul 23, 2026
BANKING & FINANCE Manappuram Finance To Deepen Gold Loan leadership, Revive Microfinance

Manappuram Finance Ltd will focus on strengthening its leadership in the gold loan business, scaling up secured lending businesses and restoring the growth trajectory of its microfinance arm, while accelerating digital transformation, Chairman and Managing Director V P Nandakumar said in his message to shareholders in the company’s Annual Report 2026. The NBFC also sees […]

Sajan C Kumar · Jul 21, 2026
BANKING & FINANCE Axis Max Life Insurance To Raise ₹389 Cr Via Preferential Issue To Axis Bank

Axis Max Life Insurance Ltd (formerly Max Life Insurance Co Ltd), a leading private insurer, has decided to raise ₹389 crore to support its future growth initiatives through a preferential issue of equity shares to Axis Bank. Accordingly, Axis Max Life will issue 2.51 crore equity shares of face value ₹10 each at a premium […]

CW Bureau · Apr 3, 2026