New Delhi, Bajaj Housing Finance on Tuesday launched Sambhav Home Loan, a product for affordable and accessible housing finance.

The product is designed for first-time home buyers who want to realize their dream of home ownership through affordable housing finance, the housing finance firm said in a statement.

Accordingly, the income criteria on Sambhav Home Loan starts from only Rs 10,000 per month with the loan amount being less than Rs 10 lakh.

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DBS Bank India launches pre-shipment financing solution on TReDS

* DBS Bank India on Tuesday announced its partnership with Receivables Exchange of India Limited (RXIL).

While the bank already offers post-shipment financing on the TReDS platform, it is now launching a pre-shipment financing solution that will enable Indian SMEs (small and medium-sized enterprises) to access trade finance in a credit-light manner. Will empower you in an additional way. The bank said in a statement.

By using alternative trade credit data from RXIL to create better borrower profiles, the bank will support the entire business cycle of the supplier from sourcing raw materials to delivering the final product to the customer, it said.

It said the offering will be particularly relevant to MSMEs (Micro, Small and Medium Enterprises) and SMEs across India, helping them increase cash flow to fulfill orders even before the goods are delivered to buyers. .