Banking & Finance

Raise money by issuing bonds in overseas markets A business leader has called on the Government for a policy on refueling consumption demand in the country to regain the lost economic growth momentum. Making the call, Sanjay Aggarwal, President, PHD...

The partnership to set up new benchmarks for neo-banking Mastercard in partnership with Singapore-headquartered Atlantis is expanding its Digital First Program in India, saying it is addressing the growing demand for digital payment solutions for everything, from buying coffee to...

Increased investors confidence reflected in the recovery Domestic securitisation volumes have more than doubled to ~Rs.15,200 crore in Q2 of FY2021 from Q1 FY2021’s ~Rs.7,500 crore, supported by reduced investor wariness as well as increase in disbursements by non-banking financial...

Indian insurance sector underperforming Foreign reinsurance brokers must be encouraged to set up base in International Financial Services Centre (IFSC) to create a vibrant insurance market, matching those global hubs in London, Hong Kong, Singapore and Dubai. This is among...

Amb. Prabhat wants Uzbekistan in INSTC The Uzbekistan Ambassador to India Dilshod Akhatov has called for a joint feasibility study for a preferential trade agreement between his country and India, which will contribute significantly to further improve trade and business....

Tyagi wants a robust corporate bond market India faces the challenge of developing a bond market adequately to achieve the Government’s target of Rs.100 lakh crore investment in infrastructure by 2024-25. “It would be a challenging task to achieve the...

Invest in tech as insurance for future shocks A leading business executive for mechanisms and tools for organizations in India and ASEAN to reskill the people for a new world.  “Digital will become a central component of life for everyone...

Rs.5,718 crore project aligned with NEP 2020 The World Bank is financially supporting with US$500 million (approximately Rs.3,700 crore) for implementation of India’s Rs.5,718 crore Strengthening Teaching-Learning and Results for States (STARS) project, a new Centrally Sponsored Scheme under the...

Smart technologies included in project innovations. The Asian Development Bank (ADB) has signed US$570 million financings for developing water and sanitation services in Rajasthan’s 14 secondary towns and to improve urban services in 64 Madhya Pradesh small cities. The bigger...

RBI’s intent to enhance liquidity noted Banks would be encouraged to lend more to the beleaguered businesses following RBI’s October decision on report rate, hoped ASSOCHAM secretary general Deepak Soods, joining exporters and financial sector leaders welcoming the Reserve Bank...