Relief, reprieve

Posted on   10:17 pm

Sri Lanka looks set to get a sign-off on a long-awaited $2.9 billion four-year bailout from the International Monetary Fund (IMF) on March 20 after the crisis-hit country secured new financing support from China. The IMF and the island nation confirmed on Tuesday that Sri Lanka

IOB celebrates Women’s Day

Posted on   10:16 pm

Indian Overseas Bank Celebrated Women’s Day from 1 to 8 March as advised by Department of Financial Services, Government of India. A press release said that the week-long celebration included special events for Women employees all over India

Kotak Bank has small exposure to Adani

Posted on   10:14 pm

Private sector lender Kotak Mahindra Bank has a ”small exposure” to the embattled Adani Group which has been made in line with its credit philosophy, a senior official has said. Paritosh Kashyap, president and head for wholesale banking

Spotify to soon launch ‘Discover Mode’ in India

Posted on   10:10 pm

Music streaming platform Spotify has announced new features for creators and fans at its “Stream On” event in Los Angeles on Wednesday, including “Discovery Mode” which will soon be launched in India. Discovery Mode is a tool