Weekly Roundup: Top BFSI & Fintech Insights at a Glance

Biz2X and AWS unveil AI-powered solution to transform SME lending

Biz2X has unveiled a game-changing Agentic AI-based lending solution in partnership with Amazon Web Services (AWS).

Read More: https://tinyurl.com/wwtrb6w2

GreyLabs AI secures Series A funding to accelerate AI-led BFSI transformation

GreyLabs AI has raised ₹85 crores in a Series A funding round led by Elevation Capital, along with existing investor Z47 and other angels.

Read More: https://tinyurl.com/3985mv5c

RUGR Fintech seals $5 million pre-Series A investment

RUGR Fintech Private Limited has announced the successful closure of its $5 million pre-Series A funding round led by Vikasa India EIF I Fund, a Mauritius-based collective investment scheme.

Read More: https://tinyurl.com/43husbxs

Government names Asheesh Pandey Union Bank MD, Kalyan Kumar MD of Central Bank

The Government of India has appointed Asheesh Pandey as the Managing Director and Chief Executive Officer of Union Bank of India for a tenure of three years.

Read More: https://tinyurl.com/2z74a7fv

Bank of Baroda and IIFL Finance launch co-lending partnership to reach rural borrowers

Bank of Baroda and IIFL Finance have formed a co-lending partnership to boost gold loan access for underserved and unbanked customers in rural and semi-urban regions of India.

Read More: https://tinyurl.com/y85ps2y8