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Showing posts with the label Digital Financing Scheme

Accor to Bring Novotel to Himachal Pradesh with New Solan Hotel

Global hospitality group Accor is expanding its presence in India’s leisure travel market with the signing of Novotel Solan Kumarhatti in Himachal Pradesh. Scheduled to open in 2031, the 120-room hotel will mark Accor’s entry into the hill state. Located along the Kalka–Shimla Highway, the property is planned to cater to holidaymakers, families, wedding parties and corporate travellers.

Bank of Baroda launches “bob Digi Udyam” - a Cash Flow-Based Digital Financing Scheme for MSEs

Bank of Baroda (Bank), one of India’s leading public sector banks, announced the launch of bob Digi Udyam – a digital, collateral-free lending platform offering Micro and Small Enterprises (MSEs) quick access to working capital loans above ₹10 lakh to ₹50 lakh. The initiative, aligned with the Union Budget 2024–25 announcement that public sector banks would develop in-house capabilities for MSME credit