Credit
- Business
BlackSoil NBFC raises Rs 100 crore to boost credit profile
New Delhi: BlackSoil NBFC, the flagship arm of alternative credit platform BlackSoil Group, on Monday raised equity of Rs 100 crore from its existing Indian investors and family offices through a rights…
- Technology
Alternate financing can capitalise on $500 bn SME credit opportunity in India
New Delhi: Digitised businesses in India have a potential credit demand of $220 billion, out of which $165 billion is serviceable today after adjusting for sick and commercially unviable businesses, a report…
- Business
India to extend Sri Lanka’s 1 bn dollar credit line by a year
Colombo: India on Tuesday extended its under-utilised USD 1 billion credit line to Sri Lanka for another year to help the island nation hit hard by an unprecedented economic crisis procure much-needed…
- Business
Credit offtake in elevated levels: CARE Ratings
Chennai: The credit offtake in India remained at elevated levels of 17.5 per cent year-on-year (YoY), reporting robust growth for the fortnight ended December 2, said credit rating agency CARE Ratings. According…
- Telangana
Telangana targets Rs 3,700 Cr credit flow to women SHGs in FY23
Hyderabad: The Telangana government aims to ensure Rs 3,700 crore credit flow to women self help groups (SHGs) through “Stree Nidhi” during the current financial year as against Rs 3,060 crore last…
- World
Energy crisis: Lanka awaits Indian nod for new credit line
Colombo: Sri Lanka is awaiting official confirmation from India on a new credit line that would allow the cash-strapped nation to have supplies of petrol and diesel for the next four months,…
- World
Sri Lanka’s fuel supplies in crisis with last shipments under Indian credit line to arrive this month
Colombo: The last of the fuel shipments due under the Indian Line of Credit are arriving in Sri Lanka this month with no indications on the sustenance of future supplies which are…
