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.
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.