Commercial Bank International leads investment round in generative AI fintech

Apr 05, 2024

Commercial Bank International (CBI) has announced its investment in zypl.ai, a fintech startup pioneering the application of generative AI in lending.

Pakistan International Airlines privatization plan fails due to its financial obligations

Dec 28, 2023

Sources suggest that PIA cannot afford to pay more than PKR 8 billion in interest on the PKR 260 billion loan. The commercial banks...

Average lending rates of scheduled commercial banks declining in line with repo rate cut

Jul 02, 2025

The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks (SCBs) declined to 9.20 per cent in May 2025, from...

RBI survey shows optimism in bank lending; loan demand set to rise across sectors

Oct 03, 2025

The Reserve Bank of India (RBI) has released the results of the 33rd round of its quarterly Bank Lending Survey (BLS) of scheduled commercial...

Shrinithi Capital Pvt. Ltd., an emerging Chennai based NBFC bags 300 crores co-lending facility from IndoStar Capital Finance Ltd.

Jan 11, 2022

Chennai (Tamil Nadu) [India], January 11 (ANI/NewsVoir): Chennai headquartered Shrinithi Capital Pvt. Ltd. primarily focussing into commercial vehicle and two-wheeler loans has raised Rs....

Pennant Technologies Recognised as a Representative Vendor in the 2025 Gartner® Market Guide for Commercial Loan Origination Solutions

Mar 02, 2026

Hyderabad (Telangana) [India], March 2: Pennant Technologies, an agile and innovative financial technology company, today announced that it has been recognised as a Representative...