Muthoot Finance’s Sri Lankan Subsidiary Asia Asset Finance Raises LKR 1.5 Billion Through Rights Issue
Asia Asset Finance PLC (AAF), the Sri Lankan listed subsidiary of Muthoot Finance Ltd., has raised LKR 1.5 billion through its Rights Issue 2026, with the issue oversubscribed by approximately 1.3 times. The successful fundraise is expected to strengthen Asia Asset Finance’s capital base and support the continued expansion of its lending business in Sri […]
Vijaykumar Nivrutti Kamble Continues as Executive Director at UCO Bank Through March 2027
Vijaykumar Nivrutti Kamble will continue as Executive Director at UCO Bank until March 31, 2027, extending his tenure in the senior leadership role at the public sector lender. UCO Bank’s current leadership information lists Kamble as Executive Director-II. Kamble took charge as Executive Director at UCO Bank in October 2023, after a long career with […]
IndusInd Bank Launches Dedicated Banking Vertical for India’s GCC Ecosystem
IndusInd Bank has launched a dedicated Global Capability Centre (GCC) Banking vertical aimed at addressing the evolving banking needs of companies operating India-based global capability centres. The new offering brings corporate and employee banking services together under a dedicated GCC-focused relationship model. The initiative is designed to give GCCs access to a broader set of […]
Dinesh Pant Moves from LIC to IRDAI, Marking a New Chapter in His Insurance Career
Dinesh Pant has retired from his position as Managing Director at Life Insurance Corporation of India (LIC) and is set to take charge at the Insurance Regulatory and Development Authority of India (IRDAI). Pant’s move marks a transition from a senior leadership role at one of India’s largest insurance institutions to the regulatory side of […]
Captain Fresh crosses ₹5,000 crore revenue in FY26, reports second consecutive PAT profit
Global packaged seafood company Captain Fresh has crossed ₹5,000 crore in consolidated revenue in FY26, while remaining profitable at the profit-after-tax (PAT) level for the second consecutive year. The company reported revenue of ₹5,169 crore for the financial year ended March 31, 2026, up from ₹3,397 crore in FY25. Its adjusted EBITDA nearly tripled to […]
Mufin Green Finance raises $6 million through first international bond listing on India INX
Mufin Green Finance Limited has raised $6 million through its first international bond listing on the Global Securities Market of India International Exchange (India INX) at GIFT City. The company received final listing approval for its US dollar-denominated senior non-convertible bonds on September 22, 2026. The development was disclosed to the BSE and NSE in […]
Elevation Capital-backed investment platform Belong has crossed $20 million in assets under management (AUM), recording more than 20% month-on-month growth since its launch in 2025.
The company said the milestone reflects growing demand among NRIs and Overseas Citizens of India for digital access to investment and wealth-management products through GIFT City. Founded in 2024 by Ankur Choudhary, Ayush Singh and Savitri Bobde, Belong initially launched for NRIs in the UAE. It now serves users across more than 39 countries and […]
The CTO 100 – Fintech Edition: India’s 100 Tech Leaders Shaping the Future of Fintech
Introduction India’s fintech landscape is evolving at an unprecedented pace, driven by rapid digital adoption, emerging technologies, and the growing demand for secure, seamless, and accessible financial services. Behind this transformation are technology leaders who are shaping the systems, platforms, and digital capabilities that power the country’s financial ecosystem. From building scalable payment infrastructure and […]
Pay10 Customer App Brings UPI, Wallet Services and Instant Fund Transfers to Digital Payments Users
Pay10, an alternative payments provider, has launched the Pay10 Customer App, a digital payments solution designed to simplify how users transact, store and move money. The application is currently available on the Google Play Store, with an Apple App Store launch planned for a later date. UPI and Wallet Payments Built on scalable infrastructure and […]
Finance Ministry Asks PSBs to Prepare for Three-Day Bank Strike From September 28
The Finance Ministry has asked public-sector banks to make adequate preparations ahead of a three-day nationwide bank strike scheduled from September 28 to 30, as employee unions continue to press for a five-day banking week. Finance Ministry officials met chief executives of public-sector banks on September 21 to review contingency measures and minimise disruption to […]
