Search For "working capital"
SFIO summons other banks in PNB fraud case
Updated : 8 years ago IST
New Delhi [India], Mar. 6 (ANI): The Serious Fraud Investigation Office (SFIO) on Tuesday issued letters to some banks asking them to explain about the working capital facility given to Gitanjali Group in the Punjab National Bank (PNB) fraud case.
Read More
India Transact Services, digital lending provider to fulfil MSMEs short-te
Updated : 8 years ago IST
New Delhi [India], Feb 15 (ANI): India Transact Services Ltd. (ITSL), an omni-channel merchant digital payment solutions company and a Group company of AGS Transact Technologies Ltd., is strengthening its merchant acquisition portfolio by enabling loans to micro, small and medium enterprises
Read More
Rubique, MatchMove India launch prepaid card
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 9 (ANI): In a bid to streamline and enable secure pay-outs and disbursements to its network of partners, distributors and individuals in the country, Rubique, in partnership with MatchMove India, announced the launch of its Prepaid Card - a new-age cashless solution wh
Read More
Jagatjit Industries raises Rs 265Cr towards working capital needs
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 12 (ANI): Jagatjit Industries Limited (JIL), an Indian Made Foreign Liquor (IMFL) company announced that it has raised structured debt funding of Rs 265crore from Indiabulls Commercial Credit Limited, part of Indiabulls Group.
Read More
Indifi Technologies rolls out working capital solution for B2B startups
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): To support the growth of such businesses in the country, SME financing enabler in India, Indifi Technologies has launched Invoice Discounting line of credit, a debt financing-based working capital solution for B2B start-ups to get easy loans and improve cash f
Read More
Bank of India to commission Rs 1500 crore to Air India
Updated : 8 years, 4 months ago IST
New Delhi [India], November 12 (ANI): National carrier Air India will soon receive a loan worth Rs. 1,500 crore from the Bank of India towards the former's working capital requirements.
Read More
OfBusiness secures working capital of Rs. 75 Cr from Kotak Mahindra Bank
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 27 (ANI): SME financing and product fulfilment platform OfBusiness on Friday announced securing an additional debt funding worth Rs. 25 crore from Kotak Mahindra Bank.
Read More
ClearTax upgrades GST software to help businesses avoid working capital lo
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 2 (ANI): ClearTax, an Income Tax returns e-filing and enterprise compliance service provider upgraded its GST-compliant software to intelligent features to help businesses ensure a seamless flow of credit without making a dent in their working capital reserve.
Read More
Shardul Amarchand Mangaldas advises Lendingkart Technologies on internal f
Updated : 8 years, 6 months ago IST
New Delhi [India], Sept 12 (ANI-NewsVoir): Shardul Amarchand Mangaldas & Co. (SAM & Co.) acted as legal counsel to Lendingkart Technologies Private Limited, a fintech in the working capital space, as it raised nearly Rs. 70 Crore in its largely internal investment round from Siste
Read More
Merchandise Exports from India Scheme being re-designed to make exports GS
Updated : 8 years, 6 months ago IST
New Delhi [India], May 17 (ANI): The Merchandise Exports from India Scheme (MEIS) is being re-designed to make exports from India GST-compliant and the issue of working capital requirements under the new tax regime is being deliberated upon by the government, said Neeraj Prasad, Additional C
Read More
Lendingkart Finance, BASIX Sub-K partner to facilitate loans to Micro- Ent
Updated : 8 years, 6 months ago IST
New Delhi [India], May 2 (ANI): Lendingkart Finance Ltd., on Tuesday announced its partnership with BASIX Sub-K, the subsidiary of BASIX Social Enterprise Group to facilitate collateral free short term working capital loan for its micro-enterprises empowered by BASIX Sub-K iTransactions Limi
Read More
Lendingkart to offer working capital loans to 1000 SMEs in Gujarat
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 19 (ANI): Online platform that facilitates SMEs in obtaining working capital loans through its NBFC's Lendingkart Finance on Wednesday disbursed loans to over 1000 SMEs in the state of Gujarat.
Read More