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SIDBI Aims To Broaden Access To Digital Express Loan For Msmes

MENA FN 15 Jun 2024
(MENAFN - KNN India) New Delhi, Jun 15 (KNN) The Small Industries Development Bank of India (SIDBI) has announced plans to expand the accessibility of its digital Express Loan product for Micro, ... .
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SBI's Digital Lending Pilot For Small Businesses Achieves 20,000 Loans, Set To Expand

MENA FN 15 Jun 2024
(MENAFN - KNN India) New Delhi, Jun 15 (KNN) The State Bank of India (SBI), the nation's largest lender, has made significant strides in its digital lending initiative for small businesses, ... .
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MEA, SBI sign MoU to create digital service for workers to pay emigration fees

Hindustan Times 15 Jun 2024
New Delhi ... Once the agreement is implemented, migrant workers can pay various emigration-related fees without transaction charges through the Unified Payments Interface (UPI), credit or debit cards and NEFT through net banking of all Indian banks.
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ATM cash withdrawals to cost you more? There could be a hike in interchange fees

Hindustan Times 13 Jun 2024
At present, banks offer savings bank account holders a minimum of five free transactions per month in Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, and New Delhi. For any other bank's ATM, three transactions are free.
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World Bank raises GDP projection, says India to keep its fastest-growing economy tag

Beijing News 12 Jun 2024
New Delhi [India], June 12 (ANI). The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024-25 by 20 basis points to 6.6 per cent from its earlier projection of 6.4 per cent made in January.
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SBI Introduces Cutting-Edge Digital Platform For MSME Loans

MENA FN 11 Jun 2024
(MENAFN - KNN India) New Delhi, Jun 11 (KNN) The State Bank of India (SBI), the nation's preeminent banking institution, unveiled a pioneering digital lending initiative aimed at revolutionising ... .
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Union Bank board approves plan to raise Rs 10K cr

Deccan Herald 11 Jun 2024
<p>New Delhi. State-owned Union Bank of India on Tuesday approved a proposal to raise Rs 10,000 crore, ...
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RBI Rejects Reappointment Of Rajkumar Bansal As Edelweiss ARC’S CEO

MENA FN 11 Jun 2024
(MENAFN - IANS) New Delhi, June 11 (IANS) The Reserve Bank of India (RBI) has rejected the reappointment of Rajkumar Bansal as Edelweiss Asset Reconstruction Co's (ARC) Managing Director and Chief ... .
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Steady repo rate supports affordability, confidence in housing market: Anarock

Beijing News 09 Jun 2024
New Delhi [India], June 9 (ANI). The Reserve Bank of India's (RBI) decision to keep the repo rate unchanged again is a boon for the Indian real estate sector, said real estate consultancy firm Anarock.
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India Exim Bank Expands Presence In East Africa

MENA FN 08 Jun 2024
(MENAFN - KNN India) New Delhi, Jun 8 (KNN) The Export-Import Bank of India (India Exim Bank), a state-run institution focused on facilitating the country's international trade and investment, ... .
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Financial stability challenges need to be discussed, IMF MD echoed RBI's Das sentiments

Beijing News 08 Jun 2024
New Delhi [India], June 8 (ANI) ... She underscored the challenges posed to the financial sector due to the introduction of new technologies such as blockchain, crypto, tokenization, and central bank digital currencies and AI.
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