Aryaman Financial Arm Gets RBI Approval to Operate as NBFC
Aryaman Financial Services Ltd (AFSL) said its wholly owned subsidiary Aryaman Finance (India) Ltd has received a Certificate of Registration from the Reserve Bank of India to commence the business of a Non-Banking Financial Institution. AFSL, based in Mumbai, is a SEBI-registered Category-I merchant banker involved in lead management and syndication of Small and Medium Sized IPOs, FPOs, Rights Issues, Composite Issues, QIP, PIPE deals, VC funding and other forms of fund raising. The RBI CoR allows Aryaman Finance to operate as an NBFC, broadening AFSL’s financial services portfolio and offering new credit and funding options to corporate issuers and investors.
RBI issued Certificate of Registration to Aryaman Finance (India) Ltd.
Aryaman Finance will operate as a Non-Banking Financial Company
AFSL is a SEBI-registered Category-I merchant banker
Current activities include IPO lead management, syndication, and other fund-raising services
Prerequisite milestone for AFSL’s expansion into NBFC services
Potential impact on access to credit for issuers and investors
Dec 29, 2025
Jayshree Ullal Tops Hurun India Rich List 2025
Jayshree Ullal, President and Chief Executive Officer of Arista Networks, has topped the Hurun India Rich List 2025. The list, released in late December 2025, shows Ullal with a net worth of Rs 50,170 crore, making her the richest Indian-origin professional manager globally. Ullal, who has led Arista since 2008, benefited from a rally in the company’s shares, driven by demand for cloud networking and data-centre infrastructure. She is followed by Satya Nadella, whose net worth is Rs 9,770 crore, and Sundar Pichai, at Rs 5,810 crore. The ranking reflects a shift in wealth accumulation among Indian-origin tech executives on the world stage.
Jayshree Ullal tops Hurun India Rich List 2025 with Rs 50,170 crore net worth.
Arista Networks CEO leads among Indian-origin professionals in global tech wealth.
Satya Nadella and Sundar Pichai are second and seventh respectively in this list.
Surge linked to sustained rally in Arista share prices and data-centre demand.
Hurun list highlights Indian-origin leadership in global technology.
Dec 28, 2025
J&K Bank Wins 'Best MSME Bank' Award at MSME Banking Excellence Awards 2025
Jammu & Kashmir Bank won the prestigious 'Best MSME Bank – Winner' award at the MSME Banking Excellence Awards 2025, while also securing the Runner-Up position in the 'CSR Initiative & Business Responsibility' category. The MSME Banking Excellence Awards recognise banks for exemplary performance and best practices in promoting MSMEs, corporate social responsibility and sustainable business models.
Notably, Union Minister for Commerce and Industry Piyush Goyal presented the awards at a high-profile ceremony held in New Delhi. On behalf of the Bank the awards were received by Chief General Manager (Business Development) Sunit Kumar and GM/Divisional Head (ROI) Khursheed Muzaffar.The MSME Banking Excellence.
Dec 27, 2025
ASBL Hosts India's Biggest Real Estate Event
ASBL hosted India's biggest real estate event - ASBL Family Day 2025 at Anvaya Conventions in Hyderabad's Financial District, bringing together thousands of customers and their families in what industry observers are calling the largest customer-focused gathering in Indian real estate history.
The scale and intent of the event marked a clear industry first. No other real estate developer in India has organised a customer celebration of this magnitude, positioning ASBL Founder and CEO Ajitesh Korupolu as the only developer to pioneer large-scale post-possession customer engagement at this level.
Dec 26, 2025
Axis Bank Unveils Digital Merchant Cash Advance Loans for MSMEs
Axis Bank has launched Digital Merchant Cash Advance Loans for micro, small and medium enterprises (MSMEs). The release states unsecured loans ranging from Rs 2 lakh to Rs 20 lakh, designed to bolster daily cash flow for small businesses across the country. The product is digitally enabled to expedite onboarding with minimal collateral requirements, targeting merchants such as retail shops that need ready working capital. Repayment is aligned with daily business cash flows, enabling quicker disbursement than traditional term loans. The launch broadens Axis Bank’s SME financing portfolio and offers a streamlined alternative to traditional credit lines for daily operations.
Axis Bank launches Digital Merchant Cash Advance Loans for MSMEs
Unsecured loans from Rs 2 lakh to Rs 20 lakh
Digital onboarding with minimal collateral
Designed to support daily cash flow for small businesses
Repayment linked to daily sales; faster disbursement than term loans
RBI Grants Final Payment Aggregator Licence to Mswipe Technologies
Reserve Bank of India has granted the final Payment Aggregator licence to Mswipe Technologies Pvt. Ltd., enabling the Mumbai-based fintech to operate as a fully regulated payment aggregator across both online and offline channels. The licence allows direct onboarding of merchants and the aggregation of multiple customer payment instruments under a single regulatory framework, simplifying onboarding and settlement. It also permits inward and outward cross-border transactions, subject to RBI rules and compliance standards. Mswipe’s ecosystem already includes online payment gateways and in-store tools such as point-of-sale terminals and QR-based acceptance. The licence strengthens the company’s compliance framework and expands cross-channel payment capabilities for merchants nationwide.
RBI grants final Payment Aggregator licence to Mswipe Technologies Pvt. Ltd.
License enables cross-channel processing for online and offline payments
Direct merchant onboarding and consolidation of payment instruments under one framework
Permits inward and outward cross-border transactions under RBI oversight
Integrates online gateways with in-store POS and QR-based solutions
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