Banking & Finance

A paradigm shift in education space Cashfree, India’s leading business payments platform, has launched a suite of payments products, for EdTechs, educational bodies like schools, colleges, universities and coaching institutes, and ERPs, which allows safe, easy and efficient contactless fee...

Post-lockdown help for 19 lakh MSMEs Public and private banks have so far already sanctioned loans worth over Rs.79,000 crore under the Emergency Credit Line Guarantee Scheme (ECLGS) as of 20 June 2020, of which more than Rs.35,000 crore has...

DBS Bank India reports a six-fold increase in profit Singapore-headquartered DBS is focused and committed to the Indian market, having expanded to 24 cities with 34 branches. DBS Bank India Managing Director and CEO Surojit Shome underlined the commitment, “Our...

Demand generation needed, says Aggarwal The Government is closely monitoring the transmission of repo rate cut by the Banking Sector and recognise efforts of wealth creators in scripting India’s growth story, Finance Minister Nirmala Sitharaman has told the PHD Chamber...

Four LOCs support Nicaragua projects The Indian Government is providing US$20.1 million for the reconstruction of Aldo Chavarria Hospital in Nicaragua. Export-Import Bank of India (Exim Bank), on behalf of the Government, signed a Line of Credit (LOC) agreement on...

Govt gets funding to mitigate the impact of COVID-19 The Asian Infrastructure Investment Bank (AIIB) is providing US$750 million “COVID-19 Active Response and Expenditure Support Programme” to assist India to strengthen its response to the adverse impacts of the pandemic...

Expect fiscal constraints among states The Indian Corporate sector, beaten by economic slowed down, would need to focus on managing liquidity, cutting costs and improving digital infrastructure, wherever possible, said Shamsher Dewan, ICRA’s Vice President - Corporate Sector Ratings. “Going...

Unlocking the power of technology The lockdown has reinforced the importance of the digital way of operating, such as a newly announced partnership that aims to drive remote partner engagement with real-time insights and improve goal tracking. Over 800+ Relationship...

Fintech can solve financial needs India Needs Low Cost, High Volume Products, Interoperability of Accounts and Flow-based Lending to Give a Push to Financial Integration: Shri India needs a low cost, high volume products with interoperability of accounts and flow-based...

Explore opportunities through the UK The United Kingdom offers low-interest rates and a flexible workforce for companies planning a business expansion, according to a presentation at a webinar organized by PHD Chamber of Commerce and Industry (PHDCCI). The UK is...