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Tag Archives: credit

India offers US$ 100 million line of credit for developmental projects in Benin

This visit is the first-ever visit of Head of State/Head of Government of India to each of the three countries.  President Kovind today commenced his engagements with visit to the Presidential Palace of the Marina in Cotonou where he was received by his counterpart, Patrice Talon and accorded a ceremonial welcome. During the subsequent one-to-one discussions with President Talon, the ... Read More »

Do you consume a credit card’s worth of plastic every week?

Coming mostly from tap and especially bottled water, nearly invisible bits of polymer were also found in shellfish, beer and salt, scientists and the University of Newcastle in Australia reported. The findings, drawn from 52 peer-reviewed studies, are the first to estimate the sheer weight of plastics consumed by individual humans: about 250 grammes, or half-a-pound, over the course of ... Read More »

Paytm Launches its First Credit Card in Association with Citibank

New Delhi :  Paytm has launched its first credit card “Paytm First Card” in association with Citibank. With this, it was said in a statement that customers can apply for this credit card through Paytm App. It further said that they would also get promo codes of Rs. 10000 for the minimum spending of Rs. 10000 for the first four ... Read More »

ICRA reaffirms credit rating of Edelweiss Financial Services

Mumbai : Credit rating agency, ICRA has re-affirmed Edelweiss Financial Services’ credit rating of A1+ assigned to the Commercial Paper Programme of Rs 6,350 crore and Short-term Non-convertible Debenture Programme of Rs 100 crore. Further, ICRA has re-affirmed the credit rating of AA to the Non-convertible Debentures Programme of Rs 466 crore of the company and, revised the outlook from ... Read More »

TVS Motor invests Rs 30 crore in TVS Credit Services

TVS Motor Company has invested a sum of Rs 30 crore in the equity capital of TVS Credit Services, a subsidiary company (TVS CS). Consequent to the above investment, the company’s direct holding in TVS CS increased to 10.29%. TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group. WhatsAppFacebookTwitter Read More »

RBL Bank inks MoU with NASSCOM to provide credit solution to ICT MSMEs

RBL Bank has signed Memorandum of understanding (MoU) with NASSCOM to provide customized credit solutions to Micro-Small and Medium Enterprises (MSMEs) in the Information and Communication Technology (ICT) sector. The two entities will collaborate for various activities including joint events, knowledge sharing sessions and ensure continuous engagement with various chapters in ten locations across India. The collaboration is aligned to ... Read More »

Artson Engineering gets nod for additional credit facilities

Artson Engineering has received approval for availing additional credit facilities up to Rs 25 crore, within the overall limits approved by the shareholders. The Board of Directors of the company at their meeting held on January 8, 2019, approved the same. Artson Engineering is engaged in pioneering work in developing products and systems in fuel handling and tankage construction activities ... Read More »