IFC Partners with Axis Bank for India’s First Blue Loan of $500 Million: The International Finance Corporation (IFC) has partnered with Axis Bank to provide a $500 million loan aimed at scaling up blue finance and green projects in India. This is IFC’s first blue investment in the country and the largest climate finance initiative […]
Day: October 9, 2024
BoB to Sell Oman Operations to Bank Dhofar
BoB to Sell Oman Operations to Bank Dhofar: State-owned Bank of Baroda (BoB) has announced its decision to sell its Oman operations to Bank Dhofar as part of a broader strategy to rationalize its foreign business footprint. This acquisition will take place on a going concern basis, pending approval from regulatory authorities.
Nijut Moina Scheme Launched in Assam to Fight Child Marriage
Nijut Moina Scheme Launched in Assam to Fight Child Marriage: Chief Minister Himanta Biswa Sarma of Assam has initiated the disbursement of monthly financial assistance under the Nijut Moina scheme. This step marks a decisive phase in the government’s ongoing battle against this social issue, aiming to provide crucial support to families
HDFC Bank Divests 100% Stake in HDFC Edu for ₹192 Crore
HDFC Bank Divests 100% Stake in HDFC Edu for ₹192 Crore: HDFC Bank has officially announced the divestment of its entire 100% stake in HDFC Education and Development Services Pvt. Ltd (HDFC Edu) to Vama Sundari Investments for ₹192 crore.
National Postal Week
National Postal Week: The Department of Posts is making significant strides in expanding its service horizons by leveraging innovative technologies and services to connect with citizens across the country, especially in rural and remote areas.
UPI and AANI Link-Up
UPI and AANI Link-Up: Union Commerce Minister Piyush Goyal has informed that the Indian and UAE governments are working on interlinking the UPI of India and the AANI of UAE. It will facilitate seamless cross-border transactions between two countries.
