by Team Small News | May 21, 2025 | RBI
The Reserve Bank of India (RBI) has granted “in-principle” approval to Emirates NBD Bank, a UAE-headquartered bank, to set up a Wholly Owned Subsidiary (WOS) in India. The approval is part of the “Scheme for Setting up of WOS by foreign banks in...
by Team Small News | May 21, 2025 | DBS, IDBI Bank, RBI, Standard Chartered
Emirates NBD, a leading Middle Eastern bank, is planning to establish a wholly-owned subsidiary in India to make its bid for IDBI Bank more attractive. The bank has received an in-principle nod from the Reserve Bank of India (RBI) to convert its existing branches in...
by Team Small News | May 20, 2025 | Standard Chartered
The International Finance Corporation (IFC) and Standard Chartered have announced a partnership to expand lending in local currencies to businesses in emerging markets. This collaboration aims to increase access to finance for small and medium-sized enterprises (SMEs)...
by Team Small News | May 20, 2025 | ESAF Small Finance Bank
The global air travel industry is expected to experience significant growth, with passenger numbers projected to reach 22.2 billion by 2050, up from 9.1 billion in 2019. As a result, airlines are under pressure to reduce their carbon footprint and meet regulatory... by Team Small News | May 20, 2025 | Kotak Mahindra Bank
Kotak Mahindra Bank has taken a significant step towards improving cancer care in India through its Corporate Social Responsibility (CSR) initiative. The bank has funded the installation of a state-of-the-art PET-CT scanner at Tata Memorial Hospital in Mumbai, which...