Xiaomi to offer full spectrum of financial services in India via partners

Xiaomi's Mi Pay service, which was launched in 2018, had touched 20 million registered users in a year's time. This number has now crossed 50 million users.

from Banking/Finance-Industry-Economic Times https://ift.tt/3kihdDQ

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IBA moves RBI seeking licence to set up Rs 6,000-cr NARCL; approval likely in next few weeks

According to sources, the company after mobilising an initial capital of Rs 100 crore and fulfilling other legal formalities has approached the RBI seeking licence to undertake asset reconstruction business.

from Banking/Finance-Industry-Economic Times https://ift.tt/385GqM8

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Karnataka Bank plans to raise Rs 6,000 crore via debt

The equity shares are to be offered in one or more tranches

from Business Line - Money & Banking https://ift.tt/2Wj88ml

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NABARD's loans rise 25.2 per cent to reach Rs 6 lakh crore in FY21

The National Bank for Agriculture and Rural Development (NABARD) also said its balance sheet size reached Rs 6.57 lakh crore as on March 31, 2021, most of which is on account of non-idle (earning) assets that, in turn, helped create private and public investments at the ground level.

from Banking/Finance-Industry-Economic Times https://ift.tt/2UEilJt

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SBI opens floating ATM on a houseboat at Dal Lake, Srinagar

The floating ATM was inaugurated by the SBI Chairman Dinesh Khare on 16 August. Besides, fulfilling a long-standing need of the area, the floating ATM will also add to the charm of Srinagar.

from Banking/Finance-Industry-Economic Times https://ift.tt/3D3qCrP

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