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TATA AIG Bancassures with Equitas SFB

October 08, 2025

1. Partnership Overview

  • Firms: TATA AIG General Insurance and Equitas Small Finance Bank (SFB).
  • Agreement: Bancassurance distribution tie-up.
  • Primary Objective: Building Tata AIG insurance products visibility through the branch net work of Equitas SFB.

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OpenAI tops 500 billion valuation in historic SoftBank investment

October 08, 2025

1. Historic Dollar Milestone.

  • Company: Says OpenAI, the author of ChatGPT.
  • New Valuation: $500 billion.
  • Event: Achieved following a significant secondary sale of shares to the SoftBank.
  • Implication: It is the first time in the history of AI that the industry has been so high, and OpenAI is within the list of the most valuable private companies in the world.

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Bank of Baroda Introduces P2P eRUPI Digital Gifting through UPI

October 08, 2025

1. Feature Overview

  • Bank: Bank of Baroda (BoB)
  • Platform: It was launched on the bob इ Pay UPI application.
  • Functionality: An online digital gifting platform between a person and another person on the basis of NPCI e-RUPI vouchers.
  • Significance: It is the first-of-its-kind in the Indian banking industry.

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Greece Eurobank is given the RBI green light in Mumbai

October 08, 2025

1. Key Development

  • Bank: Eurobank is a large Greek financial intermediary, with assets of 100 billion.
  • Approval:In-principle approval of the reserve bank of India (RBI).
  • Plan: To establish its first representative office in Mumbai, India.
  • Timeline: It is anticipated that the office should be operational by the middle of December 2025.

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Bank of India Introduces BOI Trade Easy to MSMEs

October 08, 2025

1. Initiative Overview

  • Bank: Bank of India (BOI)
  • Service Introduced: BOI Trade Easy - a quick loan service.
  • Partner: Cashinvoice, a technology firm in supply chain financing.
  • Key Objective: To offer faster access to credit among Micro, Small, and Medium Enterprises (MSMEs).

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