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State Bank of India raises US$ 100 million in green bonds India's largest lender State Bank of India (SBI)  has raised $100 million in green bonds through private placement...

IBEF March 30, 2020

Government approves Rs 670 crore recapitalisation plan of RRBs to improve capital base The Cabinet Committee on Economic Affairs has given its approval for continuation of the process of recapitalization of Regional Rural Banks (RRBs) by providing minimum regulatory capital to RRBs for another year beyond 2019-20, that is, up to 2020-2...

IBEF March 27, 2020

1.59 lakh Sub-Service Areas covered with at least one bank branch under Pradhan Mantri Jan-Dhan Yojana All villages in India have been mapped by banks into 1.59 lakh Sub-Service Areas (SSAs) with one SSA catering to 1,000 to 1,500 households under the Pradhan Mantri Jan-Dhan Yojana (PMJDY)....

IBEF March 18, 2020

More than Rs 20,000 crore of loans sanctioned under Stand-Up India Scheme since inception Loans of around Rs 20,466.94 crore (US$ 2.93 billion) have been sanctioned under Stand-Up India Scheme to over 91,000 accounts up to March 10, 2020 since inception of the Scheme....

IBEF March 18, 2020

SMEcorner raises US$ 30 million led by Paragon Partners, others SMEcorner, which lends to micro, small and medium enterprises (MSMEs), has raised US$ 30 million through a mix of equity and debt....

IBEF March 02, 2020
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