Credilio launches ‘novio’, aims to ensure credit card lifestyle access to all Indians

Credilio launches ‘novio’, aims to ensure credit card lifestyle access to all Indians

Fintech firm Credilio unveiled novio – an app to widen the credit card landscape for over 400 million UPI active customers. novio aims to make financial inclusion and credit card lifestyle accessible for every Indian household, the firm said in an official statement. novio has introduced a guaranteed card concept, allowing users to build their … Read more

RBL Bank raises Rs 2,600 crore via CDs to beef up liquidity

RBL Bank raises Rs 2,600 crore via CDs to beef up liquidity

Thursday raised Rs 2,600 crore via certificate of deposits (CDs) as it creates a buffer of additional liquidity against unforeseen withdrawals even though it has excess liquidity of about Rs. 15,000 crore. The move is also aimed at demonstrating investor confidence in the bank where a change of guard on Christmas Day was immediately preceded … Read more