Latest Development Finance Institutions News & Updates

New Delhi, April 2 (IANS) Digitalisation and AgriTech adoption could unlock over $90 billion in annual GDP gains across Southeast Asia by 2033 with India having capacity to lead the gains, a report said on Thursday.The joint report from Omnivore, Beanstalk AgTech, and Briter said that India’s venture and governance evolution offers the most instructive model for unlocking the largest untapped agricultural technology opportunities in the world in Southeast Asia.The report identified four vertical…

Mumbai, Jan 31 (IANS) India’s largest state-owned lender, State Bank of India, on Saturday announced the launch of CHAKRA — a Centre of Excellence for financing sunrise sectors critical to India’s economic transformation.It will serve as a knowledge‑led platform to enable financing for next‑generation, technology‑driven and sustainability‑focused sectors.The centre will focus on eight sunrise sectors including renewable energy, advanced cell chemistry and battery storage, electric mob…