Mumbai: Mobile payments services provider Mswipe Technologies Pvt. Ltd has initiated talks to raise as much as $40 million (around Rs250 crore) in a new round of funding, two people aware of the development said. The firm which provides merchants with mobile point of sale (PoS) terminals to enabl…
Tag: Corporation Bank
Corporation Bank eyeing Rs. 4,500-cr MSME loans
Corporation Bank is looking to disburse Rs. 4,500 crore of loans to MSMEs (micro, small and medium enterprises) during the next few months, CK Gopal, General Manager, said. He said, “The bank has launched a special four-month campaign in this regard. This campaign, which began on October 1,…
‘BIRD’ spreads wings; reaches new heights
Mangaluru-based Bankers’ Institute of Rural Development (BIRD) has achieved new heights in 2015-16 by conducting 113 training programmes for rural financial institutions, government and non-government organisations on varied subjects of importance to rural financing at ground level, like appraisa…
Corporation Bank awarded for outstanding performance in financing MSMEs
Deputy General Manager and Zonal Head of Corporation Bank, Robert Menezes, said that MSME’s play an important role in industrial development and the purpose of the meet is to understand the problems faced by entrepreneurs to provide hassle free finance at the right time and at attractive rates. M…