Indian Bank inks MoU with SRM University in Andhra to lend up to Rs 50 cr

 Indian Bank Inks MoU with SRM University-AP to Lend up to 50 Crores for Start-ups Andhra Pradesh, India (NewsVoir) Indian Bank has collaborated with Hatchlab Research Centre, TBI of SRM University-AP to launch ‘IND Spring Board’, an initiative for financing start-ups and MSMEs. The bank will extend loans of up to Rs. 50 crore … Read more

Chinese banks lend Pakistan $2.3bn to avert foreign exchange crisis

A consortium of Chinese state banks has lent $2.3bn to Pakistan to help the country stave off a foreign payments crisis, finance minister Miftah Ismail said on Friday. Confirmation of the support from China, a close economic and military ally of Pakistan, came on the same day Islamabad announced a one-off 10 per cent ‘super … Read more