New York [US]/Bengaluru (Karnataka) [India], January 16 (ANI/BusinessWire India): Leading global AI-powered credit decisioning platform provider Scienaptic AI announced today that the largest microfinance institution (MFI) in India, Credit Access Grameen Limited (CA Grameen) has chosen to im
Banks are refusing to issue new letters of credit for importers due to a shortage of dollars. This has hit the economy which is already suffering due to soaring inflation in the country.
The real estate developers will keep their eyes glued to the upcoming Union Budget for 2023-24. The Union government is in the process of finalising the Budget document to be presented on February 1.
India's EXIM bank and State bank of India, for the import of essential commodities, extended export credit facilities worth USD 1,500 million to Sri Lanka.
The National Company Law Tribunal (NCLT) has given the consortium six months from the effective date to pay dues to various creditors and has set November 16, 2022, as an effective date.
The inability of banks to open LC's despite the State Bank of Pakistan's (SBP) directives about import facilitation, poses a threat to the supply of food, as well as, could escalate price pressures and create a shortage of medications.
Singapore/ New Delhi [India], January 10 (ANI/PRNewswire): RING the consumer-first digital payment app (part of the ONEMi Technology group which launched Kissht), serving over 5 million customers with speedy and hassle-free credit solutions, is reimagining the way consumers interact with dig
Infrastructure Leasing & Financial Services (IL&FS) on Monday said it completed the interim distribution pay-out for Rapid MetroRail Gurgaon South (RMGSL), an IL&FS Group company.
Amid depleting foreign reserves, currency exchange firms of Pakistan on Saturday offered to pay for resuming the letter of credit facility (LC) for supporting imports as banks step back due to Pakistan's ongoing economic crisis, according to a Geo News report.
In Kota, the Union minister on Sunday said the government gave out more credit sanction to more than 2,363 farmers under PM SVANidhi scheme, which amounts more than Rs 3 crore, in one day.
The Union minister said, "Altogether, we will give credit sanctions to 9,000 farmers whether it would b
A study conducted by academics at the University of Illinois Urbana-Agroecosystem Champaign's Sustainability Center (ASC) provides new insights for quantifying farmland carbon budgets and soil carbon credits, two important indicators for climate change mitigation.