Axis Bank
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3 days ago · HDFC, Axis, and Yes Bank aim at small business payments with apps like Smarthub Vyapar, Axis Neo, and Yes Biz, offering loans and tracking. UPI transactions reached 8.8 billion in May 2024, with 330 million QR codes. Competing with fintechs like PhonePe, 170 million merchant apps are in use. Banks employ ICICI Pockets and SBI Yono.
3 days ago · RBI's approval for up to a 51% stake sale in Yes Bank opens an exit for SBI, LIC and others owning stakes in the private lender that survived a near-death experience four years ago..The stake sale ...
2 hours ago · The country’s largest state-run bank SBI has introduced ‘MSME Sahaj’, a web-based digital business loan solution that allows MSMEs to avail finance against their GST registered sales invoices of up to ~1 lakh in less than 15 minutes. The product’s goal is to provide ‘on tap’ short ...
1 day ago · Shares of YES Bank jumped over 7 percent after global ratings agency Moody's revised its outlook to 'positive' from 'stable' on hopes of improvement in the lender's depositor base and lending ...
1 day ago · On MSME Day, which is observed every year on June 27, the organisers honoured the sector’s resilience, creativity, and unwavering dedication to building a better future. Hence, through this unique event, a forum was created to discuss issues relevant to the industry. Among the esteemed panelists at MSME Growth Conclave, presented by Ratnaafin ...
1 day ago · Moody's outlook revision was on expectation of a gradual improvement in YES Bank's depositor base and lending franchise, which will help improve its core profitability over the next 12-18 months.
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4 days ago · YES BANK Limited is an India-based commercial bank, which offers a range of products, services and technology-driven digital offerings to its corporate, retail, and micro, small and medium-sized enterprises (MSME) customers.
