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Zomato eyes entry into lending business, in talks with NBFCs to start providing loans to restaurants

After a brief break, Zomato, one of the top meal delivery services in India, plans to resume lending. The business is currently in negotiations with a number of non-banking financial companies (NBFCs) to lend money to its affiliated restaurants for working capital. ....

Akshay Gautam , Loan Service Provider , Zomato Financial Services , Zomato Payment Private Limited , Loan Service , Financial Needs , Previous Ventures , Assistant Vice President , Indifi Technologies ,

export credit: Export credit access may become easier amid geopolitical tensions

The government is evaluating ways to enhance export competitiveness by examining the export credit landscape. Seeking insights from exporters, it aims to address challenges and improve access to financial resources crucial for international trade. With a focus on reducing the cost of export credit, officials are studying best practices from other countries. This initiative comes as India s goods exports declined in FY24, prompting exporters to seek longer-term funding amid global uncertainty. ....

South Korea , Republic Of , Ajay Sahai , Ashwani Kumar , Federation Of Indian Export Organisations , Indian Export Organisations , Export Credit , Geopolitical Tensions , Financial Needs , Access To Export Credit , Priority Sector Lending , Commerce And Industry Ministry ,

UK launches inquiry on future funding for BBC World Service

The BBC World Service, a global news provider reaching 318 million people in 42 languages, faces an uncertain future regarding its funding. Currently funded primarily by the UK Licence Fee with additional support from the Foreign, Commonwealth and De ....

United Kingdom , Development Office , Development Impact , International Comparison , World Service , United Kingdom Licence Fee , Secure Long Term Funding , International Development Committee , United Kingdom House , Input Needed , Power Advantage , Financial Needs , Funding Models ,