Equitas holdings’ subsidiary — Equitas Small Finance Bank (SFB) has introduced facial recognition-based authentication in its mobile banking app. Equitas is the first SFB to introduce facial recognition for customers to login to their mobile banking app. This eliminates the need to remember complicated passwords or MPIN. The Bank has been working on technology as … Read more
L&T Finance Holdings has received an approval for the issuance of 2,50,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) of face value of Rs 100 each at par aggregating to a nominal amount of Rs 250 crore on a private placement basis. The CRPS will be unlisted but may be listed subsequently at the option … Read more
22/2/2018 – An Phat Holdings, a plastic and packaging producer in Vietnam announced yesterday that it has secured an investment of VND 353 billion (about US$15.6 million) from Korea’s asset management company Valuesystem. The funding is part of the company’s plans to raise US$200 million to support its growth over the next few years, in … Read more
Philippines’ nickel miner Marcventures Holding Inc is merging with two miners Asia Pilot Mining Philippines Corp. (APMPC) and BrightGreen Resources Holding Inc. (BHI) in a deal valued at US$22.1 million (P1.125 billion). The company plans to issue a total of 1.125 billion shares priced at P1.00 apiece, comprising of 675 million shares for APMPC shareholders, … Read more
