India Exim Bank opens its East Africa representative office in Nairobi, Kenya
BANKING FINANCE|July 2024
Export-Import Bank of India (India Exim Bank) on May 31, 2024, inaugurated the East Africa Representative Office in Nairobi, Kenya in the gracious presence of H.E. Dr. Musalia Mudavadi, Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs, Republic of Kenya; Dr. Vivek Joshi, Secretary, Department of Financial Services, Ministry of Finance, Government of India; H.E. Ms. Namgya C. Khampa, High Commissioner of India to Kenya; and Ms. Harsha Bangari, Managing Director, India Exim Bank.
India Exim Bank opens its East Africa representative office in Nairobi, Kenya

Merchandise trade between India and East Africa has shown significant growth in the last decade, growing from US$ 9.7 billion in 2013 to reach US$ 12.9 billion in 2022. India's exports to the East Africa which were at US$ 8.6 billion in 2013 increased to US$ 9.4 billion in 2022.

この記事は BANKING FINANCE の July 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は BANKING FINANCE の July 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

BANKING FINANCEのその他の記事すべて表示
Fraud Risk Management In Banking
BANKING FINANCE

Fraud Risk Management In Banking

Fraud risk management is a fundamental aspect of overall Risk Management within the banking sector. In India, banks adhere strictly to guidelines set forth by the Reserve Bank of India (RBI) to prevent, detect, and promptly report fraudulent activities.

time-read
6 分  |
October 2024
Will Brick-andMortar Banks Get Schooled by FinTech Startups? The Talent War for India's Banking Future
BANKING FINANCE

Will Brick-andMortar Banks Get Schooled by FinTech Startups? The Talent War for India's Banking Future

The Indian banking sector is on the cusp of a transformation. FinTech startups are revolutionizing the industry with innovative products, seamless digital experiences, and a culture of agility. But this disruption extends beyond just technology.

time-read
4 分  |
October 2024
Beyond the Rate Hike: Understanding the effects of Monetary Policy Tightening in India
BANKING FINANCE

Beyond the Rate Hike: Understanding the effects of Monetary Policy Tightening in India

Globally Inflation started rising post April 2021 and went above the target range set by most of the Central Banks. It had remained low and dormant for a substantial duration since the global financial crisis. CPI inflation in developed countries such as US, UK and Euro zone, began to exceed their traditional target of 2% and continue to stay at these elevated levels till recent time.

time-read
10+ 分  |
October 2024
MSMEs - The Unsung Heroes of India's Economic Journey
BANKING FINANCE

MSMEs - The Unsung Heroes of India's Economic Journey

Micro, Small, and Medium Enterprises (MSMEs) are the lifeblood of India's economy, contributing significantly to GDP, employment, and exports. Their ability to adapt, innovate, and create opportunities has propelled India towards becoming a global economic powerhouse.

time-read
10 分  |
October 2024
The Role of Sustainable Marketing in Modern Business Practices
BANKING FINANCE

The Role of Sustainable Marketing in Modern Business Practices

The landscape of business is evolving with a growing emphasis on sustainability. Sustainable marketing, which integrates environmental and social responsibility into business practices, is gaining traction as a critical approach for companies aiming to align with the values of modern consumers.

time-read
3 分  |
October 2024
Transforming Indian Banks: How Generative AI is Redefining Marketing
BANKING FINANCE

Transforming Indian Banks: How Generative AI is Redefining Marketing

In the fast-paced world of finance, marketing strategies have evolved greatly, using the latest technologies to effectively reach and engage customers. Among these technologies, Generative Artificial Intelligence (AI) stands out as a game-changer.

time-read
5 分  |
October 2024
Legal News
BANKING FINANCE

Legal News

No GST on Fines and Penalties Collected by RBI, Rules Maharashtra AAR

time-read
2 分  |
October 2024
Frauds in Banking Sector and Role of AI in Fraud Management
BANKING FINANCE

Frauds in Banking Sector and Role of AI in Fraud Management

The banking sector, a cornerstone of the Indian economy, plays a critical role in driving financial inclusion and stability. However, it has not been immune to fraudulent practices, which jeopardize not only the financial institutions but also the trust of the populace.

time-read
4 分  |
October 2024
RBI CIRCULAR
BANKING FINANCE

RBI CIRCULAR

Interest Equalization Scheme (IES) on Pre and Post Shipment Rupee Export Credit

time-read
4 分  |
October 2024
Banking and Financial Services: Paving the Way for India's Development
BANKING FINANCE

Banking and Financial Services: Paving the Way for India's Development

The adoption of digital payments through platforms like the Unified Payments Interface (UPI) has made cashless transactions a norm. The rapid growth of fintech has democratized access to financial products, making it easier than ever for people across the country to manage their finances.

time-read
2 分  |
September 2024