Search For "credit line"
RBI announces linking of pre-sanctioned credit lines with UPI to enhance f
Updated : 1 year, 5 months ago IST
The RBI proposed extending the scope of pre-sanctioned credit lines via the Unified Payments Interface (UPI) to Small Finance Banks (SFBs).
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PhonePe launched 'Credit Line on UPI', expanding payment flexibility for c
Updated : 1 year, 9 months ago IST
The new offering allows consumers to link their credit lines from banks to the Unified Payments Interface (UPI) on the PhonePe platform, enabling seamless merchant payments and providing a new dimension to the digital payment ecosystem.
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CARD91 Introduces Nimbus: Revolutionary Credit Line on UPI Stack
Updated : 1 year, 11 months ago IST
Bengaluru (Karnataka) [India], June 25: CARD91, a leading Technology Service Provider in the payment issuance infrastructure space, proudly announces the launch of its revolutionary Credit Line Management System (CLMS) with UPI Stack: Nimbus. Following the successful introduction of its Cred
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Tata Motors Finance and Pallia Trans Logistics Ltd. Announce Rs 22 Crore F
Updated : 2 years, 6 months ago IST
Mumbai (Maharashtra) [India], November 10: Tata Motors Finance (TMF), one of India's leading automotive financiers, has formalized a strategic funding pact with Pallia Trans Logistics Ltd., a major player in the Car Carrier logistics segment. The operating scope of the comprehensive credit l
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Export body FIEO seeks Emergency Credit Line Guarantee Scheme's extension
Updated : 2 years, 7 months ago IST
The scheme covered all sectors of the economy. It was introduced to provide 100 per cent guarantee coverage to banks and NBFCs to enable them to extend emerging credits to meet their working capital requirements.
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SpiceJet posts net profit of Rs 205 crore in April-June quarter
Updated : 2 years, 9 months ago IST
SpiceJet reported a net profit of Rs 205 crore for the April-June 2023 specified quarter, marking a turnaround from the net loss of Rs 789 crore reported in the same quarter last year.
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Tata Motors Finance and PASCO Motors LLP Partner to Introduce Industry-Fir
Updated : 2 years, 11 months ago IST
Gurugram (Haryana) [India], June 8: Tata Motors Finance, one of India's leading NBFC pioneering in the vehicle finance industry, and PASCO Motors LLP, a leading authorized dealer of Tata Motors in North India, today announced an Industry-first strategic partnership to offer a seamless digita
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Hello Money India P Ltd: A Leading Financial Startup Expanding its Footpri
Updated : 3 years ago IST
New Delhi [India], May 22 (ANI/NewsReach): In the ever-evolving landscape of financial services, Hello Money India P Ltd has emerged as a prominent player, offering credit card sourcing and credit line products. With over five years of industry experience, this East Delhi-based startup ha
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Geared up for expansion in operations, no question of filing insolvency: S
Updated : 3 years ago IST
SpiceJet has initiated the process of reviving its grounded fleet with the USD 50 million funds received by the airline from the government's Emergency Credit Line Guarantee Scheme (ECLGS) and internal cash accruals.
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"No adverse ruling against us," says SpiceJet on NCLT notice
Updated : 3 years ago IST
As the National Company Law Tribunal (NCLT) issued notice to SpiceJet on a plea filed by Irish aircraft lessor Aircastle, the budget carrier on Monday said the NCLT notice was issued in a normal course and there was no adverse ruling against the airline.
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SpiceJet to revive 25 grounded aircraft
Updated : 3 years ago IST
On Wednesday, it said funds for the revival will be drawn from the government's Emergency Credit Line Guarantee Scheme (ECLGS) and better cash accruals. The airline has already mobilised around Rs 400 crore towards getting its grounded fleet back in the air, which will further enhance its
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India leads internationally in canvassing support for Sri Lanka, says Lank
Updated : 3 years, 3 months ago IST
Lauding India's support for Sri Lanka during its worst economic crisis, the Sri Lankan High Commissioner to India, Milinda Moragoda said that India's neighbourhood policy was clearly demonstrated when the country extended its helping hand to crisis-hit island nation through the credit line a
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