On behalf of the power weavers, various demands were made such as setting up a power loom cooperative credit society, controlling the increase in the price of yarn, setting up the dye and printing plants on behalf of the government, and taking steps to amend the type allocation act of the Un
New Delhi [India], February 10 (ANI/India PR Distribution): A first-of-its-kind Memorandum of Understanding was signed on 1st February 2023, between Evolve Brands (www.evolvebrands.com), a leading loyalty-tech enterprise, and Xuriti (www.xuriti.com), a Bengaluru-based fintech start-up off
EXIM Bank of China, as the official bilateral creditor, provided a financing support document to the Ministry of Finance, Economic Stabilisation and National Policies of Sri Lanka, saying it is going to provide an extension on the debt service due in 2022 and 2023.
The Swiss bank is cutting thousands of jobs to restructure and win back customers after scandals and financial losses, according to WSJ. It said its wealth management saw around USD 100 billion of customer outflows in the fourth quarter, when concerns about its financial health reached a fre
New Delhi [India], February 8 (ANI/PRNewswire): IREP Credit Capital, a Non-Deposit taking Non-Banking Financial Company (NBFC-ND) recently partnered with Credgenics, a pioneering SaaS-based debt collections platform to drive digital solutions for its MSME customers in South India. Since the
Delhi LG VK Saxena approved the revival of 126 posts of Principal/Deputy Education Officers that had lapsed due to apathy and inaction of Aam Admi Party government and were lying vacant for more than two years, an official statement from the Raj Niwas said on Saturday.
Moody's Investors Service has said banks' exposures to Adani Group are not large enough to affect their credit quality materially but it has cautioned that the exposure may increase in case the conglomerate becomes more reliant on bank loans.
Pune (Maharashtra) [India], February 7 (ANI/PRNewswire): WOTR and W-CReS, with support from IDH, are proud to announce the official release of their ground-breaking book, 'The Water Governance Standard: Making Water Everybody's Business.' The book, introduces a path breaking rating and certi
In a statement shared with exchanges, the lender wrote, "We extend credit, basis comfort on cash flow, security, and repayment capability of obligors as per the Bank's credit assessment framework. We remain comfortable with our exposure to Adani Group basis the same."
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