Browsing: SME /Wholesale Banking

RBI recently announced products tested under regulatory sandbox in MSME lending category. Five products of SIDBI, FinAGG, SysArc, Rupifi, & MyInd have been selected.

Under the MoU, SIDBI and HDFC Bank Limited would work together to provide complete financial product & services to the customers under Micro, Small and Medium Enterprises (MSME). The MoU will facilitate providing complete financial solutions to MSMEs in a seamless manner.

Private lender, ICICI Bank recently announced the launch an array of digital solutions for participants of the capital market and…

Sumit Sanghai, Head- Large Clients Group, ICICI Bank, said, “Over the years, exports have been an integral part of India’s growth. India’s overall exports in FY 2022 grew by 36% to over USD 670 billion from a year-ago period. It is estimated to touch USD 2 trillion by 2030. ICICI Bank intends to support the growth of exporters with an all-encompassing suite of digital solutions.”

A study by Capgemini Research Institute titled as ‘World Payments Report 22’, finds that new payment methods are expected to…

ICICI Bank on December 7 announced that it has partnered with Flipkart to offer an instant and completely digital overdraft…

Country’s largest lender, State Bank of India (SBI) has entered into a co-lending agreement with Capri Global Capital to offer…