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India Ratings Revises Outlook on Surbhi Satcom's Bank Facilities to Negative and Migrates Ratings to Non- Cooperating Category

India, May 19 -- India Ratings and Research (Ind-Ra) has revised the Outlook on Surbhi Satcom Private Limited's (SSPL) bank facilities to Negative from Stable and has simultaneously migrated the ratin... Read More


Reserve Bank of India cancels the licence of HCBL Co-operative Bank Ltd., Lucknow

India, May 19 -- The Reserve Bank of India (RBI), vide order dated May 19, 2025, has cancelled the licence of "HCBL Co-operative Bank Ltd., Lucknow". Consequently, the bank ceases to carry on banking ... Read More


RBI grants "In-principle" Approval to Emirates NBD Bank PJSC, UAE for setting up a Wholly Owned Subsidiary (WOS) in India

India, May 19 -- The Reserve Bank of India (RBI) has decided to grant "in-principle" approval to Emirates NBD Bank PJSC for setting up a Wholly Owned Subsidiary (WOS) in India, under the "Scheme for S... Read More


Ethiopian Airlines Signs Agreements with GE Aerospace to Power New Widebody Aircraft

Ethiopia, May 19 -- Ethiopian Airlines Group and GE Aerospace (NYSE:GE) have signed an agreement confirming Ethiopian's choice of the GEnx Engine to power 11 new Boeing 787s. This deal increases Ethio... Read More


New at Mouser: BeagleBoard CC33 2.4GHz Wi-Fi 6 Bluetooth LE Wireless Modules

United States, May 19 -- Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, is now shipping the CC33 wireless modules... Read More


EIB provides €300 million loan to support the rehabilitation of state-funded schools

Portugal, May 19 -- The European Investment Bank (EIB) has signed a €300 million financing agreement with Portugal to co-finance the School Restoration and Rehabilitation Programme, which aims t... Read More


Ethiopia Unveils Strategic Initiative to Green Its Financial System and Drive Sustainable Investment

Ethiopia, May 19 -- The Greening Financial Systems Programme was officially launched in Ethiopia today by Ethiopian and international partners at the Ethiopia Finance Forum.This transformative initiat... Read More


EBRD invests €40 million in Akropolis's green bond in Lithuania

Lithuania, May 19 -- The European Bank for Reconstruction and Development (EBRD) has subscribed to a €40 million ticket as part of a €350 million green bond issue by Lithuania's Akropolis ... Read More


EBRD invests in cement company Eurobond in Turkiye

Turkey, May 19 -- The European Bank for Reconstruction and Development (EBRD) is investing US$ 50 million in a Eurobond issued by Cimko Cimento ve Beton Sanayi, a joint stock company incorporated in T... Read More


EBRD and BNP Paribas Bank Polska back residential green financing in Poland

Poland, May 19 -- The European Bank for Reconstruction and Development (EBRD) is extending an €80 million portfolio risk-sharing guarantee to BNP Paribas Bank Polska (BNPPBP), to help increase a... Read More