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Cigna TTK Health Insurance Appoints Prasun Sikdar as Managing Director and Chief Executive Officer

Submitted by chandu on Thu, 06/28/2018 - 12:05

MUMBAI – June 27, 2018: Cigna’s (NYSE:CI) India business, Cigna TTK Health Insurance, a joint venture between U.S.-based global health services company, Cigna Corporation and Indian conglomerate TTK Group, today announced the appointment of Mr. Prasun Sikdar as its new MD and Chief Executive Officer following regulatory approval from the Insurance Regulatory and Development Authority of India (IRDAI). He succeeds Mr.

YES BANK awarded ‘Golden Peacock National Training Award’ 2018 in Dubai

Submitted by chandu on Wed, 04/18/2018 - 20:01

April 18, 2018: YES BANK has been felicitated with the coveted ‘Golden Peacock National Training Award’ at the ‘28th World Congress on Leadership for Business Excellence & Innovation’ & Golden Peacock Awards, organized by Institute of Directors (IOD) in Dubai. YES BANK was recognized for Best Practices in institutionalizing innovative Training programs aimed at equipping the workforce with ‘Future-Ready’ skills. The Award was presented by H.E. Mr Vipul (Consul General of India in Dubai), Dr.

Fisdom in partnership with Lakshmi Vilas Bank launches digital NPS (National Pension Scheme) Investments

Submitted by chandu on Tue, 03/20/2018 - 16:58

Chennai – March 20, 2018 – Fisdom and Lakshmi Vilas Bank have partnered to enable investments in NPS (National Pension Scheme) in a completely digital and paperless manner. With this launch Fisdom is the first Fintech company to provide NPS digitally. This service has been made available on the Fisdom mobile app and Lakshmi Vilas Bank (LVB) will be the Point of Presence for the NPS service.

ICICI Securities Limited: Initial Public Offer to open on March 22, 2018

Submitted by chandu on Mon, 03/19/2018 - 15:54

Bangalore, March 19, 2018: ICICI Securities Limited (the “Company” or the “Issuer”) proposes to open on Thursday, March 22, 2018, an initial public offering of 77,249,508 Equity Shares of face value of Rs. 5 each for cash at a Price including a Share Premium (the “Offer”) through an Offer for Sale of up to 77,249,508 Equity Shares by ICICI Bank Limited (the “Promoter Selling Shareholder”), including a reservation of up to 3,862,475 Equity Shares for purchase by the ICICI Bank Shareholders for cash at a Price including a Share Premium (“ICICI Bank Shareholders’ Reservation Portion”).

Bandhan Bank IPO to open on March 15, 2018

Submitted by chandu on Wed, 03/14/2018 - 16:02

Mumbai, March 8, 2018: Bandhan Bank Limited (the “Company” or the “Issuer”) proposes to open on Thursday, March 15, 2018, an initial public offering of up to 119, 280,494 Equity Shares (the “Offer”), consisting of a Fresh Issue of up to 97,663,910 Equity Shares and an Offer For Sale of up to 14,050,780 Equity Shares by IFC and up to 7,565,804 Equity Shares by IFC FIG (collectively, the “Selling Shareholders” and such Equity Shares offered by the Selling Shareholders, the “Offered Shares”) (“Offer For Sale”).

The Bid/Issue Period closes on Monday, March 19, 2018.

Axis Bank's mobile banking spends touched Rs. 51,030 cr in Q3FY18

Submitted by chandu on Tue, 03/13/2018 - 19:15

Bengaluru, March 13, 2018: Axis Bank's mobile banking spends touched Rs. 51,030 cr in Q3FY18, increasing 71% YoY, thereby reinforcing the Bank's commitment to accelerate the ‘Digital India’ agenda. Equally compelling is to note that over 66% of the Bank’s transactions were made through ‘digital modes’ in Q3FY18 as against 52% in Q1FY17.

Vijaya Bank had organized its Extraordinary General Meeting for approval of capital infusion to our Bank

Submitted by chandu on Sat, 03/10/2018 - 19:08

Bangalore on 09.03.2018.:An Extraordinary General Meeting of the Shareholders of Vijaya Bank was held on 9th Mar 2018 at 10.00 am at Mulki Sunder Ram Shetty Auditorium at Vijaya Bank, Head Office, Bangalore. The Shareholders in the Extraordinary General Meeting have passed the resolution to create, offer, issue and allot 19,42,79,628 Equity Shares of the Bank of face value of Rs. 10/- (Rupees Ten only) each for cash at a premium of Rs. 55.73 (Rupees Fifty Five and Paisa Seventy Three Only) per Equity Share, i.e. issue price of Rs.

Paisalo Enables MSME Segment with Easy Loans for Small Businesses and Individuals

Submitted by chandu on Tue, 01/30/2018 - 12:46

Mumbai, Wednesday, January 30, 2018: Paisalo Digital Limited, formerly known as S. E. Investments Limited is a leading Systemically Important Non-Deposit taking NBFC registered with the Reserve Bank of India, in operation since 1992. With a vision of empowering the MSME segment and small businesses, the company, today launched their app with the same name to accelerate and facilitate 100% digital loan disbursal, creating unique customer experience. Introducing a complete digital experience, especially for traditional small entrepreneurs, the loan ticket is designed at Rs. 10,000 to Rs.

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