India’s trade pact with the European Union is set to significantly boost exports. The agreement, expected this year, will grant 99 percent of Indian goods duty-free access to Europe. This move is projected to double India’s exports to the EU within five years. Businesses are encouraged to expand and capitalize on this opportunity.
Federal Bank to acquire 4.5 lakh Standard Chartered card portfolio
Federal Bank is set to acquire a significant credit card portfolio from Standard Chartered Bank. This deal involves approximately 450,000 cards. The acquisition will boost