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JSW Infrastructure approves fund raising up to Rs 25 crore via equity route

India, Feb. 20 -- The board of JSW Infrastructure at its meeting held on 20 February 2026 has approved raising of funds through issuance of up to 25 crore equity shares of face value of Rs. 2/- each, ... Read More


Reserve Bank of India imposes monetary penalty on UCO Bank

India, Feb. 20 -- The Reserve Bank of India (RBI) has, by an order dated February 16, 2026, imposed a monetary penalty of Rs. 38.60 lakh (Rupees Thirty Eight Lakh Sixty Thousand only) on UCO Bank (the... Read More


African Development Bank Group and AfricaRice launch $8.5 million REWARD Programme in 14 West African countries

Cote Dlvoire, Feb. 20 -- The African Development Bank Group, in partnership with the Africa Rice Centre (AfricaRice) and the Economic Community of West African States (ECOWAS), has launched the Streng... Read More


African Development Bank Group awards $16.6 million grant to IITA to scale agricultural technologies in Africa

Cote Dlvoire, Feb. 20 -- The African Development Bank Group (AfDB) and the International Institute of Tropical Agriculture (IITA) have signed a $16.61 million grant agreement to launch the third phase... Read More


African Development Bank to invest $58 million to expand clean electricity and support rural economic growth in Eritrea

Eritrea, Feb. 20 -- The African Development Bank Group has approved, on 18 February, $58.04 million to expand access to reliable and clean electricity across three towns in the Eritrea's southwest Gas... Read More


World Bank Support to Enhance Rail Connectivity and Logistics in Kazakhstan

Kazakhstan, Feb. 20 -- The World Bank's Board of Executive Directors approved a $846 million IBRD guarantee to mobilize $1.41 billion in long-term commercial financing for a major rail connectivity pr... Read More


European promotional institutions and European Investment Bank Group to accelerate investment and strengthen Europe's competitiveness, resilience and security

Luxembourg, Feb. 20 -- The leaders of Europe's largest national promotional banks and institutions BGK (Poland), Caisse des Depots - CDC (France), Cassa Depositi e Prestiti - CDP (Italy), KfW (Germany... Read More


EBRD supports critical infrastructure in Turkish cities

Turkey, Feb. 20 -- The European Bank for Reconstruction and Development (EBRD) is providing essential support for critical infrastructure in Turkiye.The Bank is providing financing for two major proje... Read More


Exyte US Inc. awarded $96,248,142 contract for CH-53K aircraft bed down and construction

United States, Feb. 20 -- Exyte US Inc., Albany, New York, was awarded a firm-fixed-price contract for CH-53K aircraft bed down and construction. The amount of this action is $96,248,142. Bids were so... Read More


PAF Electrical Inc. awarded $56,977,894 contract for transformers and ancillary components

United States, Feb. 20 -- PAF Electrical Inc., Gilbert, Arizona, was awarded a firm-fixed-price contract for transformers and ancillary components. The amount of this action is $56,977,894. Bids were ... Read More