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Shriram Finance has raised a five-year loan of $100 million from the Asian Development Bank (ADB) through external commercial borrowing (ECB) under its social finance framework. The funds will be used for vehicle finance for commercial purposes with BS-VI compliant vehicles and electric vehicles. The loans will be deployed specifically to finance women entrepreneurs and under-developed states.
Consider the following statements about Middle-income trap:
I. Middle-income trap is a situation in middle-income countries where they are not ab...
Which regulatory body awarded Karnataka Vikas Grameena Bank (KVGB) for significant enrolment under the Atal Pension Yojana (APY)?
Elisabeth Borne is going to be the first woman PM in 3 decades of which country?
What was the penalty imposed on RBL Bank for non-compliance with KYC norms?
Which company is producing its first original Indian animated series, "Mighty Little Bheem," based on the popular character Chhota Bheem?
What is the expected operational year for India’s Bharat Antariksha Station (space station)?
Where are the Elephanta Caves situated?
IMF reached a staff-level agreement with Pakistan for the final review of a $3 billion bailout. What is the amount of the last tranche pending release u...
In which city is the Moin-ul-Haq Stadium located?
The Reserve Bank of India has issued a notification to the lenders, financial institutions and credit bureaus regarding the resolution of the complaints...
