The product leverages the network to speed up the release of credit in India and is based on NPCI’s credit line on UPI scheme. Zeta anticipates that by 2030, this scheme’s transaction volumes will have surpassed $1 trillion. Zeta, which was founded by Bhavin Turakhia and Ramiki Gaddipati, provides financial institutions with an omni stack…
The financially troubled builder Jaiprakash Associates made an agreement with ICICI Bank to give the lender 18.9 crore shares that were pledged to the bank in an effort to lessen its debt load. In light of the most recent closing price of its shares, this will net the bank a recovery of about Rs 366…
The biggest commercial bank in the nation, State Bank of India (SBI), has partnered with cricket player Mahendra Singh Dhoni and designated Dhoni as their official “Brand Ambassador.” MS Dhoni will be the focus of the bank’s numerous marketing and promotional campaigns in his role as SBI’s brand ambassador. “His remarkable capacity to maintain composure in…