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ReNew Power secures OPIC debt funding of $350m
ReNew Power Limited has secured fresh debt financing of up to $350 million from the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution.Read more
YES Bank introduces an industry first GST backed OD facility for MSMEs through ‘YES GST’
YES Bank, India’s fourth largest private sector bank, announced the launch of ‘YES GST’, an OD (over draft) facility for Micro, Small and Medium Enterprises (MSMEs). Through this first-of-its-kind, industry first initiative, an MSME can avail OD up to Rs 10 million, based on their annual turnover, backed by GST returns.Read more