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SAGARMALA FINANCE
Reliance goes ahead with ₹12,000 crore bond issue amid rising borrowing costsReliance Industries is moving forward with its bond issue of ₹12,000 crore, offering a 7.9% coupon rate. In contrast, Sagarmala Finance can...- India's first blue bond set for launch next week: ReportSagarmala Finance Corporation plans its maiden blue bond issuance on September 28. The company aims to raise six billion rupees for maritim...
- Setting up of Bureau of Port Security reviewedUnion ministers reviewed the Bureau of Port Security's progress on Friday. Only licensed private agencies and CISF-trained personnel will s...
- Sagarmala Finance plans India's first blue bond issueSagarmala Finance Corporation is set to launch India's first blue bonds this fiscal year. The state-owned lender aims to raise up to ₹1,000...
- India's first maritime-focused lender eyes $1 bln FY27 fundraiseSagarmala Finance Corp. will raise 100 billion rupees in FY27. This funding will support ports, shipbuilding, and waterways. The company wi...
- State-run cos to launch container shipping lineIn a significant push for self-reliance, Indian state-owned enterprises are collaborating to establish a new container shipping line. This ...
- Sagarmala Finance Corporation to start lending soon: MDThe total authorized capital of SMFCL is Rs 1,000 crore and its paid-up share capital is Rs.1,000 crore. Total equity investment as on Marc...
- Need to ramp up lending for maritime sector: Parliamentary committeeA parliamentary committee has urged the government to quickly start lending through the Sagarmala Finance Corporation. This aims to boost I...
- BEML, Sagarmala Finance Corporation ink pact to boost India's maritime manufacturing sectorSMFCL, formerly known as Sagarmala Development Company Limited, is the country's first maritime sector-specific non-banking financial compa...
- Sagarmala Finance Corporation to raise ₹8,000 crore this fiscalSagarmala Finance Corporation Ltd will raise up to ₹8,000 crore this fiscal year. The company's board approved a ₹25,000 crore borrowing li...
- Sagarmala Finance to raise ₹8,000 crore to boost maritime infrastructureSagarmala Finance Corporation Limited plans to raise Rs 8,000 crore this financial year. Funds will be sourced from banks, financial instit...
- Industry pushes for long-term maritime infra financing optionsThe growth of India's maritime industry is hindered by a lack of robust financing avenues. Shipowners are encountering challenges with bank...
- India’s first maritime NBFC launchedIndia has launched Sagarmala Finance Corporation Limited (SMFCL), its first maritime sector Non-Banking Financial Company. Registered with ...
- Sarbananda Sonowal inaugurates Sagarmala Finance Corporation Limited, India's first maritime non-banking financial companyUnion Minister Sarbananda Sonowal inaugurated Sagarmala Finance Corporation Limited (SMFCL), India's first maritime sector NBFC. Registered...
- Centre moots NBFC under Sagarmala to tide over shipping woesThe shipping ministry planned to launch a non-banking finance company under the Sagarmala initiative to address the financing needs of the ...
- Laksha for Dweep: ₹3.6kcr plan to turn islands in tourist hubIndia has proposed a ₹3,600-crore infrastructure upgrade plan for the Lakshadweep islands, aiming to transform them into a tourist hub. The...
- Investment in 17 entities under shipping ministry hiked to Rs 5,778 cr for FY'20Blue economy refers to sustainable use of marine resources for economic growth, improved livelihoods and jobs while preserving the health o...
- Government roping in multilateral agencies for Rs 3.5 lakh crore Sagarmala projectSagarmala Development Company is also seeking the support of Asian Development Bank and other multilateral agencies for program loans.
- Nitin Gadkari to chair Sagarmala apex committee meet on MondayThe maiden meeting tomorrow of the apex body of Sagarmala, an ambitious port-led development project along India's 7,500 km coastline, will...
- Sagarmala to have 12 smart cities, coastal eco zones: Nitin GadkariAt least 12 smart cities and several coastal economic zones will come up under the ambitious Sagarmala project, lifting GDP growth by 2 per...
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