Signing of Agreement

Central Bank of India signed a co-lending agreement with U GRO Capital

Central Bank of India signed a co-lending agreement with U GRO Capital

Central Bank of India and U GRO Capital has signed a co-lending agreement and under this partnership, the two entities aim to disburse upto Rs. 1000 crore to UGRO Capital’s varied MSME segments under its programs like Pratham, Sanjeevani, Saathi, GRO MSME and Machinery financing, in next 12 months. Central Bank of India will provide co-lending support through

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ISRO signed six agreements with four countries for launching foreign satellites

ISRO signed six agreements with four countries for launching foreign satellites

Union Minister Jitendra Singh said on Thursday said that the Indian Space Research Organisation (ISRO) has signed six agreements with four countries for launching foreign satellites during 2021-2023. Mr Singh informed that about 132 million Euros would be earned through the launching of these foreign satellites on a commercial basis. The ISRO-Indian space agency, founded

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ISRO, Oppo India collaborate to ramp up messaging service in oceans

ISRO, Oppo India collaborate to ramp up messaging service in oceans

To strengthen the Research and Development (R&D) of NaVIC or the Indian Regional Navigation Satellite System (IRNSS) messaging service, the Indian Space Research Organisation has signed a pact with Oppo India. NavIC is a messaging service platform, which provides regional navigation services covering the entire country  As per the Memorandum of Undertaking (MoU), both ISRO

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Shivalik SFB with indiagold launches loan against digital gold

Shivalik SFB with indiagold launches loan against digital gold

Shivalik Small Finance Bank (SSFB) signed a partnership agreement with fintech firm, Indiagold to launch India’s first Loan against Digital Gold. Digital gold is an affordable medium to own and save with gold without the trouble of physically handling and storing the asset, SSFB said in a statement. This agreement will enable customers to use their digital gold balance

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KVG Bank signs agreement with Liberty General Insurance

KVG Bank signs agreement with Liberty General Insurance

Karnataka Vikas Grameena Bank (KVGB), a regional rural bank headquartered in Dharwad, has signed a memorandum of understanding (MoU) with Liberty General Insurance for selling general insurance products through 629 branches of KVGB. The company will provide a variety of general health insurance products to the customers with reasonably affordable cost. The bank has consistently

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RIL inks $736 mn green loan pact to fund REC Solar acquisition

RIL inks $736 mn green loan pact to fund REC Solar acquisition

Reliance Industries has signed a $736 million green loan agreement with 5 banks to fund its acquisition of REC Solar Holdings. Australia and New Zealand Banking Group, DBS Bank, Credit Agricole, HSBC, and MUFG were among the bankers to this rare facility, which is being used for acquisition financing for the first time. Reliance had announced the acquisition

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