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ModernFi secures $18.7M to help banks grow their deposit base - Vimarsana News

ModernFi secures $18.7M to help banks grow their deposit base

A lot has happened in banking over the past year, including the Silicon Valley Bank collapse, and that’s enabled companies like ModernFi to step in and provide other solutions. The company provides community and regional banks with end-to-end deposit management capabilities, including a deposit network so bank customers can grow, retain and manage their deposit base by sourcing deposits, sweeping funds and providing additional security to depositors. In fact, ModernFi, founded in 2022 by Paolo Bertolotti and Adam DeVita, raised $4.5 million in a seed round a month prior to the SVB new...

Source: yahoo.com
Fincare Small Finance Bank: AU SFB looks to double its deposit base in 3 years - Vimarsana News

Fincare Small Finance Bank: AU SFB looks to double its deposit base in 3 years

India Business News: AU Small Finance Bank expects to close the year with Rs 1 lakh crore of deposits should the announced merger with Fincare Small Finance Bank go throug

Bank of America's Wrong-Way Rate Bet Hurts Moynihan's Growth Pledge - Vimarsana News

Bank of America's Wrong-Way Rate Bet Hurts Moynihan's Growth Pledge

(Bloomberg) -- For years, Brian Moynihan told investors his bank would be a big winner when interest rates eventually, finally, one day went up. Bank of America Corp. had built a massive deposit base that would allow profits to soar when the Federal Reserve changed course.Most Read from BloombergIsrael Latest: Army Stops Lebanon Incursion, Calls Up 300,000Israel Latest: Over 1,100 Dead; US Sends Warships to RegionSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingOil Surges as Israel Con

Source: yahoo.com
Attica Bank S A : 30/06/2023 - Financial Results Presentation -September 22, 2023 at 12:06 pm EDT - Vimarsana News

Attica Bank S A : 30/06/2023 - Financial Results Presentation -September 22, 2023 at 12:06 pm EDT

Financial Results 22ND SEPTEMBER 2023 Content Table ...

Mumbai DCCB sees business in housing; offers attractive schemes - Vimarsana News

Mumbai DCCB sees business in housing; offers attractive schemes

The Mumbai District Cooperative Bank is encouraging the housing cooperative societies of Mumbai to open