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Latest Money & Banking, Financial News Today - news | The HinduBusinessLine

Banking system’s ₹5 lakh cr plus surplus liquidity prompts RBI to announce drain out auction Fintech IPO plans hit pause as weak rupee, retail pullback weigh on timing Godrej Capital eyes ₹50,000 cr AUM in 2 years, to launch gold loans by June FIU-IND, SEBI sign MoU to strengthen anti-money laundering framework in India HDFC Bank chairman resignation not a sign of financial stability: InGovern HDBFS shares jump 12% post Q4 results, brokerages see steady growth ED arrests former ADAG executive Amitabh Jhunjhunwala in loan fraud case Q4 Results Highlights Today: Elecon Engineering PAT declines, ICICI Lombard net profit rises 7%, HDB Financial shares gain ahead of Q4 results today, Reliance Industrial Infra, GTPL Hathway, Tejas Networks to announce Q4 results today, ICICI Prudential Life, Anand Rathi Share rise Satin Growth Alternatives launches debut ₹200 cr fund Insurers need to make payouts quick and frictionless, says DFS Secretary C-D ratio of banks widens to 255 bps Non-life insurers’ premium income rises 9.2% to ₹3.35 lakh crore in FY26 RBI allows NBFCs, including gold loan companies, to open branches without prior approval Trump says he may fire Fed chair Jerome Powell if he does not step down RBI allows NBFCs to open branches without prior approval, eases norms LPL Financial opens Global Capability Centre in Hyderabad Shriram Finance subsidiary gets RBI nod to start primary dealer business NBFCs' reliance on bank borrowings to increase in FY27 on lower interest rates RBI holds talks with banks on ways to boost deposits Banks increase mark-up over repo-linked external benchmark loans to protect margins Paytm becomes majority Indian-owned and controlled company as domestic investors raise stake UPI clocks 228.5 billion transactions in 2025, driving India’s digital payments boom Kevin Warsh files financial disclosures, pledges divestment for Fed nomination Bitcoin climbs to 4-week high on hopes of US-Iran peace talks Gold loans register sharp growth to emerge India’s second-largest retail credit product: TransUnion CIBIL Poonawalla Fincorp mops up ₹2,500 cr via QIP RBI returns Ujjivan SFB’s application to transition to a universal bank LIC board approves 1-for-1 bonus issue BoB and Reliance Jio launch mobile banking app for feature phone users Net sales of non-financial pvt cos rise 11.4% in FY25: RBI data ICICI Prudential AMC Q4 profit rises 10% to ₹763 crore, AUM up 25% RBI rejects Ujjivan SFB’s universal bank licence bid, asks it to reapply Rupee slumps 65p amid spike in crude oil prices due to failure of US, Iran to reach a truce deal Reliance Jio and Bank of Baroda partner to launch 'bob World Lite' on feature phones, boosts digital inclusion Visa, HDFC Bank launch FIFA World Cup 2026 card and rewards campaign Small finance banks set for strong Q4FY26; Outlook hinges on FY27 macro trends: Report RBI criticises banks’ rupee arbitrage trades Q4 Preview: ICICI Pru AMC likely to report 5% growth in Q4 net profit Alignment of average call rate with repo rate contingent on level of liquidity: RBI AI to reduce uncertainties and expand opportunities - RBI DG UPI at 10: From payments pipe to backbone of India’s digital financial ecosystem Shriram Finance’s credit rating climbs after MUFG investment Invoices financed on RXIL’s platform jumps 51% to ₹1,21,105 cr in FY26 Rajive Kumaraswami to be MD and CEO of Chola MS General Insurance RBI unveils medium-term strategy framework ‘Utkarsh 2029’ Fintechs bet big on digital FDs, eye larger share of retail savings RBI proposes ₹1 Lakh crore asset threshold for NBFC Upper Layer classification India to push for reporting of offshore rupee trades despite resistance, sources say Sa-Dhan’s new microfinance sector guardrails to focus on early risk identification, stronger governance frameworks India's remittances to reach record $140 billion in FY26: SBI Research RBI’s recent currency curbs can backfire. 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Arnifi launches AI-powered banking, payments platform for corporates
By BL Mumbai Bureau · 2026-06-09 · via Latest Money & Banking, Financial News Today - news | The HinduBusinessLine
Arnifi brings together banks, digital banking providers and payment gateways under one interface

Arnifi brings together banks, digital banking providers and payment gateways under one interface

Arnifi, the AI-powered global business setup and compliance platform, has launched its business banking and payments setup assistance platform in partnership with leading banks and financial institutions, including Mashreq Bank, First Abu Dhabi Bank, Wio Bank, Airwallex and RBC Royal Bank.

The platform brings together banks, digital banking providers and payment gateways under one interface. Trusted by over 1,100 businesses across global markets, Arnifi is helping founders simplify the process of setting up business banking services after company incorporation.

Through the platform, businesses can access traditional banks, digital banks and payment processors across key global jurisdictions. It is designed to solve one of the most common challenges faced by entrepreneurs after incorporation, which is opening and setting up a business bank account smoothly and efficiently, the company said.

Arnifi is also offering complimentary bank account opening assistance to the first 500 businesses. The support is available not only to companies incorporated through Arnifi, but also to businesses set up independently or through other service providers.

Manu Midha, Founder and CEO, Arnifi, said setting up a business bank account continues to be one of the biggest challenges for entities after company incorporation.

“Built in partnership with leading banks and financial institutions, the platform is designed to offer a seamless experience while strengthening Arnifi’s global business setup and compliance services,” he added.

Corporate Payment

Banking requirements and documentation often vary across institutions, making the account opening process lengthy and difficult for businesses to navigate.

Arnifi’s platform simplifies this process by helping businesses compare banking options based on account type, minimum balance requirements, maintenance fees, processing timelines and jurisdiction. The platform currently covers the UAE, Singapore and the Cayman Islands, and is expected to expand its footprint by the end of 2026.

Arnifi works with businesses across Saudi Arabia, Qatar, Oman, Bahrain, the United States and other emerging markets. Arnifi focuses on making expansion simple and predictable, helping companies move from planning to execution while staying compliant.

Published on June 8, 2026