The Asian Development Bank has approved a USD 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement. The loan from ADB will fund at least 66.7 crore COVID-19 vaccine doses for an estimated 31.7 crore people, it added. It will support India’s National ...

The Asian Development Bank has approved a USD 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement. ADB approved a USD 1.5 billion loan to help the Government of India purchase safe and effective vaccines against the coronavirus disease (COVID-19. The fund will be ...

JP Morgan Chase has topped the 2021 list of globally systemic banks (G-SIBs) released by the Financial Stability Board (FSB). The updated G-Sib list, published on November 23 by the Financial Stability Board, saw JP Morgan rise to the fourth ‘bucket’, implying a capital ...

The Government of India, Government of Andhra Pradesh and the World Bank on 18th November 2021 signed the legal agreements for $250 million for a project which aims to improve quality of learning for over 50 lakh students in the state of Andhra Pradesh. Over 50 lakh students from all ...

Private sector lender ICICI Bank has announced the launch of an online platform, Trade Emerge, to offer digital banking and value-added services to exporters and importers across India. This is aimed to make cross border trade hassle-free and convenient, as it eliminates the need for companies to ...

Small Industries Development Bank of India (SIDBI) has collaborated with Google to launch a $15 million financial assistance program for micro-enterprises. It is a one-of-a-kind program by SIDBI as a crisis response related to Covid-19 to reinvigorate the MSME sector  Total ...

The Asian Infrastructure Investment Bank (AIIB) has approved 150 million USD loan to the Government of India for the implementation of the Sustainable Urban services program for the Chennai Metropolitan Area (CMA).  AIIB Vice President (Investment Operations), Dr. D.J. Pandian while ...

PVR Cinemas has partnered with Kotak Mahindra Bank to launch first of its kind co-branded movie debit cards. Kotak PVR debit cardholders will get automatically enrolled to the PVR Privilege Plus programme. With this, cardholders will receive joining vouchers and earn points on every ...

The WePOWER India Partnership Forum, held through a virtual platform on November 9, 2021, launched the efforts to scale up the South Asia Women in Power Sector Professional Network (WePOWER) in India. The event was organized by the World Bank and Asian Development Bank ...

Having tasted the success of its Mooh Band Rakho campaign in 2020, HDFC Bank has announced the launch of the second edition in support of International Fraud Awareness Week 2021. Through this initiative, the bank aims to increase awareness on all types of frauds and the importance of keeping your ...