The NDB priced its 5-year USD 1.5 billion benchmark bond. This transaction is the third USD benchmark bond offering of the Bank in the international markets.
The Shivalik Small Finance Bank Limited has received the licence from RBI under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India.
In a major initiative, the state government has roped in Microsoft to take up skill development training for college students and unemployed youth in Andhra Pradesh.
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