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SBI led webinar on Indian budget evokes favourable response in Israel


SBI led webinar on Indian budget evokes favourable response in Israel
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Last Updated: Mar 02, 2021, 12:41 PM IST
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Setting the tone of the interactive webinar, India s Ambassador to Israel, Sanjeev Singla, said, We have had a landmark budget that marks a directional change and leverages far-reaching reforms that the government is effecting to make our economy more resilient and competitive.
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It s important to apprise our Israeli business partners about our economy and the new opportunities. And that s what this webinar seeks to do, Singla added.
A webinar organised by State Bank of India, Israel-Asia & Israel-India Chambers of Commerce and the Indian mission in Tel Aviv on Monday evening to decipher the Indian budget announced last month has evoked favourable response from business leaders in Israel. ....

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Dubai-based IFIICC to unlock opportunity for NRI businesses in Israel


A new chamber of commerce in Dubai looks to facilitate trilateral business relationships
Merzi Sodawaterwala, Chairman of IFIICC, with Dr Ahmed Al Banna, Ambassador of the UAE to India, and Raviv Byron, President, IFIICC, during the inauguration of the chamber of commerce in Dubai last month I
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India’s strong historical relationships with the UAE and Israel could help establish business relationships among the three countries while unlocking growth opportunities in other nations where there is a strong Indian diaspora. The International Federation of the Indo-Israel Chambers of Commerce (IFIICC) hopes to facilitate that process through knowledge sharing, strategic partnerships and cultural bonds. ....

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SBI extends global trade finance solutions to Israeli corporates


State Bank of India is offering trade finance solutions and services to Israeli corporates to help them tap business potential arising out of recent Abraham accords leading to normalisation of ties between Israel and Arab states, a bank official said.
International trade activities of late have picked up momentum after the unprecedented market shocks and resultant inactivity due to COVID-19 pandemic induced lockdowns and closures around the world, with optimistic outlook for the near to medium term, B V Ramana, the CEO of SBI Tel Aviv branch told PTI.
In view of the revival of business activity in the coming months with vaccine approvals being accorded by various governments around the world, we are offering our services/products to the Israeli business community at competitive pricing to meet all their cross border trade finance needs, Ramana said. ....

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