The Finance Ministry has released an amount of 11 thousand 830 crore rupees to States under the scheme - Special Assistance to States for Capital Expenditure.
The RBL Bank ties-up with Tide India, part of Tide UK, UK's leading business banking fintech, to provide banking infrastructure for Tide's India platform focused on the SME segment.
As per the ratings agency Crisil, Banking system's credit growth will almost double to 10 per cent in 2021-22 on the economic recovery and policy interventions.