DBS Bank India acquires 9.9% stake in Svakarma Finance

MUMBAI, India, June 20, 2022 /PRNewswire/ — DBS Bank India Limited today announced that it has acquired a 9.9% stake in Svakarma Finance, a non-banking finance company, for delivering relevant financial solutions to micro enterprises through a combination of direct lending and co-lending. DBS Bank India’s strategy for its expanded franchise across 300+ locations and 500+ branches envisages significant growth in SME and consumer businesses. DBS will continue to identify opportunities to support lending to micro enterprises in a cost-efficient manner through its own expanded franchise as well as through…

Read More

Union Transport Minister Shri Nitin Gadkari inaugurated Royaloak Furniture in Nagpur

NAGPUR, India, June 20, 2022 /PRNewswire/ — Royaloak, India’s Largest Furniture brand, opened its first store in Nagpur. Union Minister Shri Nitin Gadkari inaugurated the Royaloak Store. On the occasion, Shri Gadkari Ji expressed, “The store is huge and it offers all kinds of imported furniture that is a perfect blend of style & Comfort. They have a huge collection in Living, Dining, Beds, Office, and Outdoor Furniture.” He also added that the beauty of the store is “here you get the best price with such a huge collection from all over the world which truly makes them stand out…

Read More