DBS Bank India Limited 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…
DBS Bank India has announced that it has partnered with ODeX, a platform to exchange shipping documents and facilitate payments, to introduce ODeX Pay Later Solutions powered by DBS. According to a statement, “ODeX customers can access comprehensive payment and financing solutions through the partnership for all their ocean shipping transaction needs. This partnership is…