This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector.
The program targets financing 3,600 kW of rooftop solar installations annually, benefiting numerous MSMEs while cutting over 2,500 tons of CO2 emissions each year-accelerating decarbonisation and fostering sustainable growth. Most manufacturing MSMEs predominantly use electricity during daylight hours, making rooftop solar an ideal solution. However, financial constraints have traditionally hindered their transition to renewable energy, with many institutions either reluctant to lend or offering loans at prohibitively high interest rates.
Diese Geschichte stammt aus der January 2025-Ausgabe von Banking Frontiers.
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Diese Geschichte stammt aus der January 2025-Ausgabe von Banking Frontiers.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Excelling by partnering with Fenergo, SBS, Aurai, Avanade & others
The Netherlands-based NIBC Bank defines itself as an entrepreneurial asset financier for companies and individuals, having funded private housing ventures, rental property, commercial real estate, infrastructure and cars and claims it makes a difference for its clients through long-term relationships based on knowledge and expertise.
Drive by Connectivity, Automation & Analytics: SEB
Skandinaviska Enskilda Banken, or SEB, promotes digitization as much as it operates as an established bank:
Afterhour Passions
Professional success is often shaped by what a person does afterhours. Let us look at a few such people and what hobbies recharge their body, mind and spirit:
A colossal rise in agri credit
A study by 3 academics on the impact of bank credit for agricultural sector reveals very encouraging trend:
The Future of Cybersecurity: Balancing AI & Human Expertise
There is no denying the fact that the continued evolution in AI will redraw the landscape of cybersecurity. In this respect, the future of digital defences rest on how effectively AI capabilities are balanced with human expertise.
REINFORCING BRAND COOPERATIVE
Banking Frontiers organized its annual Frontiers in Cooperative Banking Awards and Conference in Lucknow in October where stalwarts from the sector shared insights into progress achieved and gave guidance on the road ahead.
Magma HDI & Mahindra Finance collaborate to expand insurance access nationwide
Mahindra Finance, a leading player in India's non-banking financial services sector, has forged a strategic partnership with Magma HDI General Insurance Company to deliver customized general insurance solutions to its extensive customer base.
AI for underwriting, personalization, claims & more
Sunil Jain, Chief Digital Technology Officer, Pramerica Life Insurance:
IoT & Chatbots - a rich data trove
Aditya Mall, Appointed Actuary at Future Generali India Life Insurance reveals new opportunities in insurance and the enablers:
Marching hand-in-hand: Innovation & Automation
In the January 2024 issue of Banking Frontiers, Gyanendra Singh, CTO of Aviva India, had shared about how the company excels at RPA through governancebased implementation and pragmatic vendor selection. He shares more initiatives since then:
