Standard Chartered, CCIL and IFSCA to open dollar clearing facility on October 7

Standard Chartered, CCIL and IFSCA to open dollar clearing facility on October 7

Standard Chartered Bank, along with Clearing Corporation of India Ltd (CCIL) and International Financial Services Centre Authority (IFSCA) is set to open the dollar clearing facility in GIFT city on October 7, according P.D. Singh, chief executive officer (CEO)  “The entire dollar clearing that is happening in Gift City right now will move to this platform […]

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Standard Chartered, CCIL and IFSCA to open dollar clearing facility on October 7

Stanchart-owned MSME platform Solv raises ₹300 cr.

Solv, a B2B digital marketplace for MSMEs, also a wholly-owned subsidiary of Standard Chartered, has raised ₹300 crore in its latest round of funding led by SBI Holdings (Japan), with participation from SC Ventures, an incubator and early-stage investor of Solv. With the fresh funds, Solv’s total funding has gone up to $80 million, said the […]

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