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HDFC Bank ups lending to state-run entities

“While we continue to focus on the Corporate Cluster and Government Business to increase penetration, we have created a new business segment of Commercial (MSME) and Rural Banking to capture the next wave of growth,” Sashidhar Jagdishan, MD, HDFC Bank, said in the latest annual report. ....

Sashidhar Jagdishan , Corporate Cluster , Government Business , Rural Banking , Hdfc Bank , State Run Entities , பெருநிறுவன கொத்து , அரசு வணிக , கிராமப்புற வங்கி , எச்டிஎஃப்சி வங்கி ,

World Bank approves US$200mil credit to Cambodia for Covid-19 responses


PHNOM PENH, June 26 (Xinhua): The World Bank has approved a US$200 million credit to Cambodia, giving the kingdom a boost to combat the ongoing Covid-19 pandemic and to begin its journey toward economic recovery, said its press statement released to the media.
The credit will help Cambodia deal with the Covid-19 crisis by providing timely and targeted relief to affected people, facilitating robust recovery through structural reforms, and building resilience against future economic shocks, the statement said.
Cambodia is facing an unprecedented economic and social crisis. In 2020 its economy contracted for the first time in 30 years, by 3.1 percent, and is in now in the midst of its worst COVID-19 outbreak since the pandemic began, it said. ....

Inguna Dobraja , World Bank , Covid 19 , உலகம் வங்கி ,

World Bank approves US$400mil loan to Philippines in order to achieve a resilient financial sector


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MANILA, June 26 (Xinhua): The World Bank on Friday (June 25) approved a US$400 million loan to support reforms that will assist the Philippine government in achieving a resilient financial sector and help ensure a more inclusive recovery from the Covid-19 pandemic.
The bank said the Philippines First Financial Sector Reform Development Policy Financing loan is the first of two programmes supporting three reform areas, including strengthening financial sector stability, integrity, and resilience.
The loan will also expand financial inclusion for individuals and firms and promote disaster risk finance that protects national budgets and businesses and the lives and livelihoods of families from the impacts of disasters, the bank added. ....

Ndiame Diop , Bangko Sentral , World Bank Country , World Bank On Friday , World Bank , World Bank Country Director , உலகம் வங்கி நாடு , உலகம் வங்கி , உலகம் வங்கி நாடு இயக்குனர் ,