Search For "financial"
Dutch development bank FMO pitches USD 11-mn investment in microfinance fi
Updated : 3 years ago IST
The proposed investment will be used to finance Arohan's post-Covid growth, FMO said. The homegrown microfinance company also plans to complement its branch network with more technology-driven services.
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US Treasury Secretary Yellen rules out bailout for bankrupt Silicon Valley
Updated : 3 years ago IST
"And the reforms that have been put in place mean that we're not going to do that again. But we are concerned about depositors and are focused on trying to meet their needs," she added.
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Subsidiaries of Nazara Technologies hold Rs 64 cr cash in crisis-hit Silic
Updated : 3 years ago IST
Listed mobile gaming company Nazara Technologies on Sunday said two of its step-down subsidiaries Kiddopia Inc and Mediawrkz Inc hold cash balances worth Rs 64 crore at Silicon Valley Bank, which is currently under crisis.
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China's economic coercion increasing in the developing world
Updated : 3 years ago IST
China's growing economic footprint in many developing countries is causing a significant amount of debt repayment crisis after the financial challenges posed by the pandemic. China, which surpassed traditional multilateral institutions as the largest creditor to the developing world, has sin
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MoS Rajeev Chandrasekhar to meet Indian startups to discuss Silicon Valley
Updated : 3 years ago IST
Union minister Rajeev Chandrasekhar said he will meet Indian startups this week to understand the impact of SVB Financial's collapse on them and how the government can help during the crisis.
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Musk says he's open to buying Silicon Valley Bank
Updated : 3 years ago IST
His tweet came after the California Department of Financial Protection and Innovation shut down SVB on Friday, less than two days after the bank tried to persuade clients not to pull their money over concerns it was running low on available cash.
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Over 1.2 lakh rural milk farmers of world's largest women owned organisati
Updated : 3 years ago IST
Tirupati (Andhra Pradesh) [India], March 11 (ANI/PNN): In the true spirit of empowerment and financial independence, 1.2 lakh milk producing members of the world's largest women producer owned company Shreeja celebrated the International Women's Day in three southern states - Andhra Pradesh,
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US lender Silicon Valley Bank fails after run on deposits
Updated : 3 years ago IST
The bank's failure is the second-largest in US history, and the largest since the financial crisis of 2008, NYT said.
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Infosys' Mohit Joshi quits as president, to join Tech Mahindra this Decemb
Updated : 3 years ago IST
According to the statement, he will be on leave with immediate effect and his last date with the company would be June 9, 2023. The board of directors placed on record their deep sense of appreciation for the services rendered by Mohit Joshi and for his contributions to the company.
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Start-up ElectriVa enters Karnataka JV with Bangalore-based SIC group
Updated : 3 years ago IST
New Delhi [India], March 11 (ANI/SRV): Start-up ElectriVa, North India's leading Charge Point Operator (CPO) has entered Karnataka joining hands with SIC, a Bangalore-based group having interests in financial markets and allied fields.
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575 women micro-entrepreneurs empowered by Vastu Housing Finance and Bhara
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], March 11 (ANI/BusinessWire India): As we celebrate International Women's History Month, Vastu Housing Finance and BharatCares' Oonchee Udaan Program has successfully trained and empowered over 575 existing and aspiring women micro-entrepreneurs in Enterprise Dev
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US regulators shut down Silicon Valley Bank
Updated : 3 years ago IST
California regulators closed down the tech lender and put it under the control of the US Federal Deposit Insurance Corporation.
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