Bank
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Opportunity India Desk Mar 06 2023 - 2 min readIn a representation submitted to the Finance Ministry and Reserve Bank of India, PHD Chamber has urged the Government to consider changing the banking norms to advise banks to pay interest to MSMEs on their current account balances equivalent to the rate of interest paid by banks on saving bank accounts. MSMEs, as stated in the ...
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Opportunity India Desk Feb 10 2023 - 2 min readState Bank of India launched its third specialised branch for start-ups in the country at Gurugram to strengthen the startup ecosystem and provide all banking services that are required under one roof. This is the third such brand by SBI after Bengaluru and Chennai. Gurugram has the third highest number of ...
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Opportunity India Desk Jan 02 2023 - 2 min readThe gross bank credit across sectors in the current fiscal years stood five times higher than INR 2.12 lakh crore during the April-November period. It stood at INR 10.56 lakh crore, Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India said in a tweet on bank credit till November. “Credit is expanding across ...
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Opportunity India Desk Dec 14 2022 - 3 min readCSB Bank, a private sector lender that offers a wide range of products and services and the bank is majorly focusing on SME and LAP business, has tied-up with Yubi Loans to leverage untapped opportunities emerging out of the SME and LAP markets in the large, medium, small and micro segment. Through this partnership, CSB ...
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Franchise India Bureau Jul 18 2019 - 1 min readPrivate sector lender ICICI Bank has launched a new digital platform ‘InstaBIZ’. The platform is specially designed for micro, small and medium enterprises (MSMEs) and self-employed customers to help them undertake their business banking transactions digitally and instantly. InstaBIZ enables customers in the export trade to settle inward remittances with greater ease and convenience as opposed to ...