State Bank of India (SBI) has launched a USD 500 million syndicated social term loan facility, focused exclusively on women empowerment, with a greenshoe option.
Bhubaneswar (Odisha) [India], February 25: Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option. The facility, denominated in USD and JPY, marks a significant step in enhancing Annap
New Delhi [India], February 20: Gig work is increasing--think ride-share drivers, freelancers, and delivery folks powering the Indian economy. But a paper in the American Journal of Humanities and Social Sciences Research paints a tough picture: 60% of gig workers struggle to get formal cred
Visakhapatnam (Andhra Pradesh) [India], October 3: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in the private sector in South India and a trusted name in TMT rebars under the brand 'SIMHADRI TMT', has announced a significant
New Delhi [India], May 26: In a rapidly evolving financial landscape where the demand for accessible and immediate credit solutions is surging, Loanpey, a digital lending platform registered under the NBFC Goodskill Securities and Services Ltd, is making significant strides in fulfilling
BYJU'S founder Byju Raveendran has admitted that one of the company's biggest mistakes was opting for a USD 1.2 billion term loan in 2021, despite having sufficient equity funding options.
Marking the occasion, he highlighted the success of the Chief Minister Rozgar Yojana (CMRY) scheme, stating, "Under the CMRY scheme, over 8,000 beneficiaries have received support worth Rs 300 crore, while MSME term loans have empowered over 13,000 businesses with Rs 4,100 crore across the s
New Delhi [India], February 17: ATD Finance has announced a strategic partnership with ATD Money to provide instant salary advances for corporate employees, ensuring quick access to emergency funds without employer intervention. This collaboration aims to bridge the gap in financial accessib
She said, "Kisaan Credit cards facilitate short-term loans for 7.7 crore farmers, fisherman and dairy farmers. The loan limit under the modified Interest subvention schemes will be enhanced from Rs 3 lakh to Rs 5 lakh for loans taken through KCC."
Mumbai (Maharashtra) [India], January 7: NewMalayalam Steel Limited (NSE: NMSTEEL), specializes in galvanized pipes, tubes, sheets has received recent credit ratings upgrade from CARE Ratings Limited. The credit ratings cover total facilities amounting to Rs81.29 Cr and include term loans, c
ACME Renewtech Private Limited, a subsidiary of recently-listed company ACME Solar Holdings Limited has secured Rs 1,988 crore in term loan financing from Power Finance Corporation (PFC) to fund the development and construction of a 300 MW solar-wind hybrid renewable energy project.
Days after its listing on the stock exchanges, ACME Solar Holdings' subsidiary ACME Sun Power has secured a Rs 3,753 crore term loan financing from state-owned company REC Limited for the development and construction of a 320 MW green energy projects in collaboration with SJVN.