Banking & Finance

Japan Fund for Poverty Reduction provides $2m grant The Asian Development Bank (ADB) is providing a US$300 million loan to strengthen and improve access to comprehensive primary health care in urban areas of 13 states that will benefit over 256...

Focus on foundational learning and training courses for Anganwadi workers The World Bank is providing US$250 million for a project which aims to improve quality of learning for over 50 lakh students in the state of Andhra Pradesh under a...

Mohanty provides exposure to 30 Tech-centric Chinese companies listed on Hong Kong Stock Exchange Mirae Asset Mutual Fund, one of the fastest growing fund houses in India which invests in the equities and debt segments, has launch 'Mirae Asset Hang...

Bullion exchange at Gandhinagar to come into plays soon, says Sitharaman The Department of Economic Affairs has recently approved Rs.200 crore for International Financial Services Centre Authority's (IFSCA) headquarter building which has Rs.100 crore as Grant in Aid and Rs.100...

Spike in consumer spending indicates life is getting restored, says Sitharaman Finance Minister Nirtmala Sitharaman has requested India Inc to venture into new areas, find partners to upgrade technologically, invest in infrastructure and focus on growth as the Government makes...

Enhanced efforts are being made in expanding the sector's access to credit, says Ramann Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs), has...

Project to be catalytic in pushing E-Mobility solution in India Axis Bank, India’s third largest private sector bank, and The Private Infrastructure Development Group (PIDG) guarantee arm, GuarantCo, have formed partnership to execute an umbrella guarantee framework of Indian Rupee...

ICRA-rated bank brokerages reported a strong performance in FY2021 The domestic capital markets continue to remain on an upwards trajectory after a strong performance in FY2021 with the average daily turnover (ADTO) increased to Rs.27.92 lakh crore from Rs.14.39 lakh...

Customers enjoy low cost or free services, says ResearchAndMarkets India FinTech transactions market stood at US$766.90 billion in FY2021 and is forecast to grow at a CAGR of 49.13% through to FY2027 as advancements in financial technologies and digital enhancements...

Beauty-personal care Unicorn well positioned to create a large digital-first business International investors have strongly backed the Good Glamm Group's US$150 million Series D round which will be invested in product development, support data science and technology research as well...