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Monday, August 30, 2021

Former SBI chairman Rajnish Kumar joins HSBC board in Asia

“Rajnish’s depth and breadth of experience across India’s financial industry will be an invaluable addition to the Board of the Group’s flagship Asian entity as HSBC directs its focus towards the region. The opportunities presented by its 1.4 billion population, 18 million non-resident Indians and 40,000 MNCs make India a key component of HSBC’s growth strategy," said Peter Wong, chairman of HSBC Asia.

from Banking/Finance-Industry-Economic Times https://ift.tt/38pEFtq
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L&T Finance Holdings in talks with HSBC to sell its MF arm: Report

Last year, private equity giant Blackstone emerged as the frontrunner for a Rs 3,200- crore acquisition of L&T Mutual Fund, but the deal closure would hinge upon approval from the capital markets regulator, which generally frowns upon private equity ownership of mutual funds.

from Banking/Finance-Industry-Economic Times https://ift.tt/2V1RyqG
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Aceware Fintech launches Acemoney UPI/QR code payments in Kerala

It is the first Kerala-based company to offer UPI/QR payments

from Business Line - Money & Banking https://ift.tt/3t1KUNx
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Axis Bank begins issuing debt securities under ₹35,000 crore-debt raise plan

The shareholders of the bank had approved the proposal in the annual general meeting held in July

from Business Line - Money & Banking https://ift.tt/3mO2WSn
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Govt extends tenure of Bank of India executive director PR Rajagopal by two years

His current term was to expire on February 28, 2022

from Business Line - Money & Banking https://ift.tt/3yshE3C
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