Banking & Finance

Investment opportunities span a wide range of categories, says Romano Mumbai-headquartered PGIM India Mutual Fund has launched PGIM India Global Select Real Estate Securities Fund of Fund, an open-ended equity fund of fund scheme investing in PGIM Global Select Real...

Bhargava drives development of broader financial technology ecosystem Fintech start-up Zenpay Solutions from New Delhi has raised an undisclosed amount of funding led by AngelBay and The StartupLab with participation from investor such as Pavitra Walwekar and Naresh Vigh of...

BofA Securities provides seed capital UTI International Limited (UTI International) has launched an Indian Government bond ETF, which has been listed on the Amsterdam Stock Exchange (AEX) on 8 November 2021. UTI India Sovereign Bond ETF tracks the performance of...

Asset quality pressures would keep the credit costs elevated Favourable factors, such as healthy demand in housing sector, provide Housing and Finance Companies (HFCs) hope for better growth prospects in FY2022 with an estimated growth rate of 8-10%, says Sachin...

Armane says NHAI has been able to garner funds from marquee investors International funds, Canadian Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board, will hold, as anchor investors, 25% each of the units of the National Highway Authority...

HerVikas provides upfront discount on collateral-free loans Invest in Visions GmbH (IIV), pioneers of microfinance investments in Germany, has invested EUR 8 million (~Rs.70 crores) in Bangalore-headquartered Kinara Capital, unlocking access for hundreds of Indian MSMEs to get loans in...

Project for establishing efficient marketing structures, says Mishra The Asian Development Bank's (ADB) $100 million loan will help small and marginal farmers in Maharashtra improve their post-harvest and marketing capacity, reduce food losses and increase incomes through access to finance,...

Banks are creating futuristic systems, says Pareddy The US-based specialised technology services provider Wissen Technology has further expanded its presence in India by setting up a new Centre of Excellence in Bangalore to cater to BFSI clientele focused on putting...

Chowdhry sees India at the forefront of cutting-edge technology Demonstrating a strong confidence in India's cutting-edge technology, Apollo Singapore Investments has announced its investment in an easy-to-use, plug & operate indoor ‘Virus Attenuation Device’ by Bengaluru's Shycocan which allows resumption...

A Comprehensive Mobility Plan in the works for urban transport development strategy, says Konishi The Asian Development Bank (ADB) is providing US$4.5 million project readiness financing (PRF) loan to support project preparation and design activities to improve urban mobility in...