Women today work in every field and smash glass barriers everywhere, thanks to an ever-changing lifestyle. Precious jewellery has traditionally been associated with the traditional and bulky, whilst lightweight jewellery has long been associated with the artificial. Women’s jewellery, on the other hand, has been separated into two as they have progressed to a more fast-paced and modern lifestyle. But …
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Canara Bank raises Rs 2500 crore in Basel III-compliant Tier II bonds 2021-22
Hyderabad, 24 December 2021: Canara Bank has raised Rs 2,500 crore in Basel III-Compliant Tier II bonds, at a coupon rate of 7.09% per annum. The issue received overwhelming response from investors, with bids for more than Rs 9,374 crore against a base issue size of Rs 1000 crore and green shoe option of Rs. 1500 crore. Based on the …
Read More »SIDBI joins hands with Government of West Bengal
for the Development of MSME Ecosystem in the State Kolkata, 24th December: Small Industries Development Bank of India (SIDBI), the country’s principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSME), has entered into a Memorandum of Understanding (MoU) with the Government of West Bengal (GoWB) to develop the MSME ecosystem in the State. The …
Read More »People’s support critical for curtailing further spread of Omicron
New Delhi | 24 December 2021 – Calling on people to support measures put in place by countries in view of the new COVID-19 variant and holiday season, the World Health Organization today said the overall threat posed by Omicron will also depend on how people perceive risk and follow measures to prevent and control its further spread. “The threat …
Read More »BOB Financial and Indian Navy Launch Co-Branded Credit Card
The specially curated co-branded credit card with Indian Navy has been launched as a contactless offering on the RuPay network. The co-branded credit card will be offered in 3 variants to the Indian Navy personnel; each variant comes with unique features and benefits. Hyderabad, 24 December 2021: BOB Financial Solutions Limited (BFSL), a wholly owned subsidiary of Bank of Baroda (BoB) …
Read More »Highest Increase in FDI Employment in a single year – IDA Ireland
Performance 2021 · Numbers directly employed in multinational sector in Ireland reach 275,384 – the highest Foreign Direct Investment (FDI) employment level ever · Substantial growth in FDI in 2021 with highest employment creation figures ever in a single year despite the continued impact of Covid-19 · 29,000+ new jobs created in 2021 · A net increase of almost 17,000 …
Read More »Lawmakers ask for strong Front of Pack label (FoPL) to stop the upcoming epidemic of NCDs
Packaged foods should have warning labels to help consumer make healthy choices: Sushil Modi, BJP leader and former Bihar Deputy Chief Minister The AIIMS doctor said that with the easy-to-understand information printed on the food packets, people will avoid consuming unhealthy food New Delhi / National Bureau / Health Bureau : Packaged foods and beverages should have clear mandatory Front …
Read More »Micro Finance Industry (MFI) loan portfolio stood at ₹2,37,369 crores serving 5.68 crore unique borrowers with 10.3 crore loan accounts: Infomerics Report
NBFC-MFIs were the second largest provider of micro-credit with a loan amount outstanding of ₹75021 crores, accounting for 31.61 per cent to total industry portfolio. Gross Loan Portfolio (GLP) as on 30th June 2021 showed an increase of roughly 4.2 % y-o-y over ₹2,27,727 crores as on 30th June 2020. Removal of interest rate cap on microfinance loans also provides …
Read More »Sociapa brings Effective solutions for brands via Marketing Tools
Shows Exponential Growth in 3 years Post working with many leading FMCG companies as Digital Marketing Manager, Dheeraj Raj started the successful marketing agency called Sociapa in 2019. The brand began its journey with only Three brands and today it has over 22 brands in its portfolio, exhibiting an exponential growth. It continues to proudly bring forth it’s effective marketing …
Read More »Punjab National Bank enters into Tie up Arrangement with Paisalo Digital Limited & Vedika Credit Capital Limited for Co-lending Business
Kolkata, 23 December 2021: To align with the Government of India reform agenda and to improve the flow of credit to the unserved and underserved sector of the economy, Punjab National Bank has entered into Co-Lending arrangement with Paisalo Digital Limited and Vedika Credit Capital Limited. With these arrangements, the ultimate beneficiaries under MSME and Agriculture segment will get the …
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