by OverviewFX | Aug 26, 2024 | Banking & Finance
Representative ImageThe Union Government has recently initiated the creation of Trade Connect ePlatform, an initiative that aims to connect the Indian enterprises, specially the MSMEs to global platform.Union Minister of State for Commerce and Industry, Jitin Prasada...
by OverviewFX | Aug 26, 2024 | Banking & Finance
This Monday the banks will remain closed in certain states across India due to Janmashtami. The festival varies differently from state to state, hence some states will not observe a holiday on 26th August.The following are the states where the banks will be closed...
by OverviewFX | Aug 26, 2024 | Banking & Finance
Velocity founders -Abhiroop Medhekar, Atul Khichariya, and Saurav Swaroop New Delhi: In anticipation of a significant surge in festive season demand, debt financing startup Velocity has set aside Rs 400 crore to support digital-first brands with their inventory,...
by OverviewFX | Aug 26, 2024 | Banking & Finance
New Delhi [India], August 25 (ANI): The gold loan market in India remains largely untapped. According to a report by investment banking and capital market firm Jefferies organized gold financiers account for just 5-6 per cent of the country’s household gold...
by OverviewFX | Aug 26, 2024 | Banking & Finance
New Delhi [India], August 26 (ANI): The decline in loan-to-deposit ratios (LDR) within the banking system has been attributed to lower money creation by the Reserve Bank of India (RBI) and higher profits accrued by banks over the past two years, according to Nomura...
by OverviewFX | Aug 25, 2024 | Banking & Finance
New Delhi [India], August 24 (ANI): NITI Aayog conducted a study to make Mumbai and its adjacent areas a “global financial hub” and double the metropolis’ GDP in the next five years, the policy body said on Saturday.The policy body said in a post on...
