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State appeals to constitutional court in water rights case

The Department of Water and Sanitation (DWS) has filed an appeal to the Constitutional Court against a recent decision by the Supreme Court of Appeal (SCA) which held that water rights’ holders are entitled to transfer such rights in accordance with the provisions of the National Water Act and that the trading in such rights are not prohibited or unlawful.  The SCA judgement followed from three appeals in the Lötter, Wiid and South African Association of Water Users Associations (SAAFWUA) concerning a declaratory order on the correctness of a circular by the Department of Water and Sanitation (DWS) dating from January 2018 in which the DWS determined that water use entitlements could not be transferred. 

Private lender DCB purchases 9% stake in NBFC Techfino Capital

Private lender DCB purchases 9% stake in NBFC Techfino Capital
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DCB Bank-New Generation Private Sector Bank Acquires 9% Minority Stake In NBFC Techfino Capital

Currently, DCB Bank has a total of 347 branches across the country New generation private sector bank- DCB Bank Limited, announced on Wednesday, April 21, that it acquired a minority equity stake of approximately nine per cent in a Bengaluru-based fintech non-banking financial company (NBFC) - Techfino Capital Private Limited. DCB Bank is a listed firm on stock exchanges- BSE and NSE. According to a statement released by DCB Bank, the NBFC uses a modern technology platform to offer customised consumer loans in the healthcare and education sectors. Techfino Capital is operational in major metro cities and tier-2 cities across the country.

DCB Bank acquires 9% equity stake in Techfino Capital

DCB Bank acquires 9% equity stake in Techfino Capital ​ By IANS | ​ 3 Views DCB Bank acquires 9% equity stake in Techfino Capital. Image Source: IANS News Mumbai, April 21 : Private sector lender DCB Bank Ltd on Wednesday said that it has acquired a minority equity stake of around 9 per cent in Techfino Capital Private Ltd (TCPL). Techfino is a Bengaluru-based Non-Banking Financial Company (NBFC) which provides customised consumer loans in education and healthcare sectors through its modern technology platform. It is present in key metros and tier-II cities across India. Narendranath Mishra, Head Agri and Inclusive Banking, DCB Bank, said: DCB Bank & TCPL are delighted to be associated in this manner. We value each other s experience and expertise to build a granular loan portfolio with patience and nuance. DCB Bank and Techfino complement each other s strengths, and this is an opportunity for both organisations to grow the customer franchise.

The 3rd National pulses seminar 2021

The 3rd National pulses seminar 2021
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