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Finance

REC and PNB Collaborate to Co-finance Infrastructure Project Debts

New Delhi: REC Limited and Punjab National Bank (PNB) have entered into a Memorandum of Understanding (MoU) to jointly explore opportunities for funding projects...

Ministry of Finance Approves Welfare Measures for LIC Agents and Employees

New Delhi: The Ministry of Finance approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and...

REC Signs USD 100 Million Loan Agreement With EXIM Bank

New Delhi: REC Limited, a Maharatna Central Public Sector Enterprise operating under the Ministry of Power, has recently entered into a Foreign Currency Term...

ADB, GoI Sign $295 Million Loan to Upgrade State Highways in Bihar

New Delhi: The Asian Development Bank (ADB) and the Government of India have signed an agreement, securing a $295 million loan. The funds will...

PM SVANidhi’s App Launched for Street Vendors to Avail Micro-Credit Facility

New Delhi: The Ministry of Housing & Urban Affairs (MoHUA) launched the mobile application of PM SVANidhi on 1st June, 2023, specifically designed for...

‘India-Indonesia Economic and Financial Dialogue’ Platform Launched

The platform seeks to strengthen cooperation between the two nations. New Delhi: Ms. Sri Mulyani Indrawati, the Minister of Finance of Indonesia, and Smt. Nirmala...

GST Hikes on Online Gaming, SUV, MPVs’ and Other Key Decisions Announced at GST Council Meet

New Delhi: The Goods and Service Tax (GST) Council held its 50th meeting in New Delhi on Tuesday and made several changes to the...

Tata Motors Finance Simplifies Digital Lending Capabilities with Fiserv

Mumbai: Tata Motors Finance Limited (TMFL), a prominent automotive financing company in India, is strengthening its digital lending capabilities and enhancing customer experiences through...

HDFC Life and Aavas Financiers Ltd. Enters Into Corporate Agency Collaboration

Mumbai: HDFC Life and housing finance company Aavas Financiers Ltd. have announced a strategic corporate agency tie-up. Via this collaboration, customers of Aavas will have...

Sovereign Gold Bond Scheme 2023-24 Announced, First Tranche to Open on June 19

New Delhi: The Government of India, in consultation with the Reserve Bank of India (RBI), has announced the issuance of Sovereign Gold Bonds (SGBs)...

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