New Delhi, March 30 (IANS) Finance hub GIFT City on Monday announced that banking assets at its International Financial Services Centre have crossed $106.7 billion as of February 2026, marking over seven‑fold surge from $14 billion in September 2020.The huge surge indicated a rapid scale‑up of India’s offshore banking ecosystem and reflected increasing global and domestic participation in India’s international financial services ecosystem, it said.The growth has been supported by an expa…
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New Delhi, March 7 (IANS) India’s largest lender State Bank of India (SBI) on Saturday launched a $500 million (about Rs 4,597 crore) ‘Syndicated Social Term Loan Facility’ focused exclusively on women empowerment with a greenshoe option, which is a milestone for both the bank and the global ESG financing landscape.The PSU bank said the facility is aimed at accelerating social impact by promoting gender equality and supporting initiatives that reduce the gender gap.”It contributes to the United …