Banking & Finance

Additional liquidity extended to SIDBI is among significant steps for MSMEs The decision of the RBI Monetary Policy Committee to stay on course with the accommodative stance with a focus on the 'equitable distribution' of liquidity sends an important message...

Sitharaman wants MSME’s dues cleared at the earliest Finance Minister Nirmala Sitharaman has told the Ministries to explore PPP mode for viable projects and actively get projects funded through innovative structuring and financing. She also wants the Ministries to provide...

Central Bank likely to maintain focus on yield curve management FIEO President Sharad Kumar Saraf said that status quo in the key rates by RBI on 4 June 2021 was a decision widely expected as it looked into the need...

ExchangeConnect: a powerful link in the capital market ecosystem Capital Market FinTech solutions company S-Ancial Technologies Private Limited of Mumbai said the US$1.4 million raised in Pre-Series A funding will be used to expand in India and MENA as well...

Talisma-Active.Ai positioned to accelerate digital transformation in BFSI Talisma Corporation Pvt Ltd, a leading provider of customer experience solutions from Bengalore, has partnered with a Singapore Fintech Active Intelligence Pte Ltd, to provider of comprehensive Conversational AI BFSI focussed platform,...

PRF incorporates road safety, maintenance, and climate adaptation The Asian Development Bank (ADB) is providing US$2.5 million project readiness financing (PRF) loan to support project preparation and design activities to upgrade major district roads in Sikkim that will help improve...

Rastogi to set improve geographical reach and expand product line Singapore's sovereign wealth fund GIC led the US$50 million Series C funding for the Indian-origin Locus, a technology platform that uses machine learning and proprietary algorithms to automate complex supply...

Saraf sees benefits from the gradual opening of global markets Exports continue to perform impressively for third month in a row on back of good order booking and gradual opening of key global markets, FIEO President Sharad Kumar Saraf said...

Prosus Ventures, Dragoneer and Wellington Management leads Series F Funding Gurugram-headquartered Urban Company has raised US$255 million through Series F funding, saying it is for innovation, training, product development, enhanced quality control and safety measures for both partners and consumers....

Sridharan looks to hire 200+ people in product-engineering Exotel announced a fresh infusion of Rs.45 crores from A91 Partners, Blume Ventures and a panel of angel investors including Binny Bansal (Co-founder of Flipkart), Vikas Choudhury (President of Reliance Jio), Deep...