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The Trade Receivables Discounting System (TReDS) introduced by the RBI to alleviate liquidity challenges faced by MSMEs, operates as an electronic platform facilitating the financing and discounting of trade receivables for these businesses.Read more
As part of this agreement, Bank of Maharashtra has the opportunity to invest in the Bonds issued by IREDA, adhering to the specified terms and conditions of the offering.Read more
SIDBI is prepared to extend loans with 100% coverage, offering interest rates as low as 7-8%, contingent upon the credit ratings of the applicants.Read more
MoU signed in the presence of Union Minister of State for Finance, Dr Bhagwat Karad at the Global SME Finance Forum 2023, Mumbai.Read more
DFC is America’s development finance institution. It is financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant.Read more
During Q1FY24, Bajaj Finance recorded a significant increase, with 79.94 million new loans, representing a 34% growth compared to the previous year.Read more
Small Industries Development Bank of India (SIDBI) with the aim to strengthen the EV ecosystem, launched Mission 50K-EV4ECO which will unlock the market by providing better financing terms for electric two- wheeler, three-wheeler, and four-wheeler (2W, 3W and 4W) vehicles purchase. Read more
India needs at least 2 million public EV charging points by 2030 to achieve EV adoption targets, says Vikrant K Aggarwal.Read more
Funding under Centrally Sponsored Schemes has now been made contingent upon the power sector reforms that any state is willing to undertake.Read more
Zetwerk has raised $150 million in a Series E financing round. The company plans to deploy the fresh capital to broaden its technology stack and expand to more international markets.Read more
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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