Union Government signs a $300 million loan pact with ADB to boost infra funding by IIFCL

In New Delhi, the Government of India (GoI) has signed a $300 million loan agreement with Asian Development Bank (ADB) to support India Infrastructure Finance Company Ltd (IIFCL) that provides long-term finance to infrastructure projects. The move is expected to ..

Induslnd Bank launchs India’s first interactive credit card with buttons

Induslnd Bank has recently launched the India’s first interactive credit card with buttons called the IndusInd Bank Nexxt Credit Card. The card provides customers with the flexibility of 3 payment options at a Point of Sale (POS) terminal – credit, ..

New delhi hosts 2018 South Asian Regional Conference on Urban Infrastructure

The South Asian Regional Conference on “Urban Infrastructure: New Approaches to Public & Private Partnerships and Municipal Finance Innovations” was held at Pravasi Bharatiya Kendra in New Delhi from November 15-16, 2018. It was organised by NITI Aayog in partnership ..

Siddharth Tiwari appointed as new Chief Representative for Asia and Pacific by Bank for International Settlements (BIS)

The Bank for International Settlements (BIS) has appointed Siddharth Tiwari as the Chief Representative for Asia and the Pacific. He succeeded Eli Remolona. At BIS, he will work to strengthen the connection between BIS and the central banks in the ..

India ranked third globally in terms of number of family-owned businesses with 111 companies

According to the ‘Credit Suisse Family 1000 in 2018’ report, India has been ranked third globally in terms of number of family-owned businesses with 111 companies having a total market capitalisation of $839 billion. Indian family-owned companies generated a 13.9% ..

India Post Payments Bank (IPPB) ties up with FSS to create payments network for unorganized retail

The India Post Payments Bank (IPPB) has partnered with Financial Software and Systems (FSS) to create payments network for unorganized retail. FSS is a payments technology company that enables micro-merchants to accept payments online, or via Unified Payments Interface (UPI), ..