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Mauritius , Thursday 16 April 2026

News Mauritius Banks: State Bank Of Mauritius IFSC and MICR Codes

Published on: Thursday 15 June 2023
State Bank Of Mauritius IFSC and MICR Codes
News source: https://www.india.com/ifsc-code/state-bank-of-mauritius/

List of State Bank Of Mauritius IFSC codes, MICR codes for all branches in India state wise including addresses Select Bank Abhyudaya Coop Bank Abu Dhabi Commercial Bank Aditya Birla Idea Payments ...

News Mauritius Banks: Mauritius-based Wadia Group company took $300 million loan from Deutsche Bank

Published on: Thursday 11 May 2023
Mauritius-based Wadia Group company took $300 million loan from Deutsche Bank
News source: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/mauritius-based-wadia-group-company-took-300-million-loan-from-deutsche/articleshow/100171697.cms

Deutsche Bank provided loans of $300m to Leila Lands, a Mauritius-based Wadia Group company, against the creation of a lien, or legal responsibility, on the inflows of Associated Biscuits International, which owns 44.76% of Britannia Industries. During the same period, Leila Lands created fixed deposits worth $190m to finance Go First that were used to secure financing from Deutsche Bank. Go First, which is owned by the Wadia Group, has received INR 13.20bn ($177m) from Deutsche Bank India. Insolvency proceedings were started for the airline after the company was unable to meet financial obligations to creditors.

News Mauritius Banks: Rupee trade policy gather traction; number of special vostro account touches 50

Published on: Saturday 04 March 2023
Rupee trade policy gather traction; number of special vostro account touches 50
News source: https://www.devdiscourse.com/article/law-order/2368558-rupee-trade-policy-gather-traction-number-of-special-vostro-account-touches-50

Read more about Rupee trade policy gather traction; number of special vostro account touches 50 on Devdiscourse ...

News Mauritius Banks: India & Mauritius Are Looking Ahead To Have More Strong Partnership? | Alan Ganoo | Exclusive

Published on: Saturday 04 March 2023
India & Mauritius Are Looking Ahead To Have More Strong Partnership? | Alan Ganoo | Exclusive
News source: https://www.msn.com/en-in/autos/news/india-and-mauritius-are-looking-ahead-to-have-more-strong-partnership-alan-ganoo-exclusive/vp-AA18dBpC

Abhishek Jha Interview with the Mauritius foreign Minister Alan Ganoo.India and Mauritius are looking ahead to have a more strong partnership?Ans- Ties that bind our two countries to go over and beyond diplomatic ties.India-Mauritius ties have been lasting for more than one century: - There has been a line of credit agreements they have been between Mauritius and the ExIm Bank of India,- India has been very supportive of the development of Mauritius in education, energy, climate change, and transport.- I will thank you once again for the privileged relationship between our two countries that India decided to offer us a line of credit but also partly 50% grants to enable…#delhi #portlouis #mauritius #englishnews

News Mauritius Banks: Import shield likely in Mauritius pact

Published on: Sunday 01 May 2022
Import shield likely in Mauritius pact
News source: https://www.telegraphindia.com/business/import-shield-likely-in-mauritius-pact/cid/1863136

India-Mauritius trade agreement may include safeguard mechanism ... concessional customs duty on that particular good is replaced with existing taxes, which is applicable to all nations. The mechanism ...

News Mauritius Banks: SBM Bank India raises ₹125 crore via maiden Tier-II bonds

Published on: Tuesday 19 April 2022
SBM Bank India raises ₹125 crore via maiden Tier-II bonds
News source: https://www.thehindubusinessline.com/money-and-banking/sbm-bank-india-raises-125-crore-via-maiden-tier-ii-bonds/article65335222.ece

Subsidiary of Mauritius-based SBM Group has also raised ₹300 crore from NABARD under automatic refinance facility ...

News Mauritius Banks: Exclusive| Mauritius seeks Indian investments amid major bid to shed tax-haven image

Published on: Friday 22 April 2022
Exclusive| Mauritius seeks Indian investments amid major bid to shed tax-haven image
News source: https://www.msn.com/en-in/money/topstories/%e2%80%8bexclusive-mauritius-seeks-indian-investments-amid-major-bid-to-shed-tax-haven-image/ar-AAWu6Vi

Mauritius remains the fifth largest destination of Indian investments globally, mostly because of round-tripping of funds. While stringent tax rules are now reducing the flow, securing clean investments remains a challenge for the COVID-19-hit island country.

News Mauritius Banks: Tintra granted online payments licence in Mauritius

Published on: Monday 18 April 2022
Tintra granted online payments licence in Mauritius
News source: https://www.sharecast.com/news/aim-bulletin/tintra-granted-online-payments-licence-in-mauritius--9600647.html

Tintra announced on Tuesday that its wholly-owned subsidiary Tintra Payments Mauritius (TPM) has been granted permission to start trading under a ‘payment intermediary services licence’ from the Mauritius Financial Services Commission.

News Mauritius Banks: SBM Bank India raises Rs 125 crore via bonds

Published on: Tuesday 19 April 2022
SBM Bank India raises Rs 125 crore via bonds
News source: https://economictimes.indiatimes.com/markets/bonds/sbm-bank-india-raises-rs-125-crore-via-bonds/articleshow/90939972.cms

​​ The bank raised money by issuing Basel-III compliant Tier-II bonds having maturity period of 10 years, it said in a statement. Additionally, it also raised Rs 300 crore through an automatic refinance facility of the National Bank for Agriculture and Rural Development (NABARD), it said.

News Mauritius Banks: What lies ahead for Air Mauritius as it emerges from administration?

Published on: Wednesday 16 March 2022
What lies ahead for Air Mauritius as it emerges from administration?
News source: https://www.cnbcafrica.com/media/6300868831001/

Air Mauritius was under administration owing to its financial and management struggles. Until recently, the airline exited administration after receiving government bailout.

News Mauritius Banks: Greenko Wind Projects (Mauritius) Ltd -- Moody's assigns first-time Ba1 to Greenko Wind Projects' proposed notes

Published on: Sunday 27 March 2022
Greenko Wind Projects (Mauritius) Ltd -- Moody's assigns first-time Ba1 to Greenko Wind Projects' proposed notes
News source: https://finance.yahoo.com/news/greenko-wind-projects-mauritius-ltd-044806821.html

Rating Action: Moody's assigns first-time Ba1 to Greenko Wind Projects' proposed notesGlobal Credit Research - 28 Mar 2022Singapore, March 28, 2022 -- Moody's Investors Service has assigned a Ba1 rating to the proposed backed senior unsecured USD notes of Greenko Wind Projects (Mauritius) Ltd (GWPM). GWPM is a financing vehicle for Greenko Energy Holdings' (GEH, Ba1 stable) first integrated renewable energy storage project (IRESP), which is being implemented by GEH's subsidiary, Greenko AP01 IREP Private Limited (Greenko AP01).GWPM will use the proceeds from the USD notes mainly to repay existing debt and/or fund the capital expenditures at the asset level of Greenko AP01, depending on the size of the issuance. Moody's view of GEH's unsecured obligations does not factor in any notching for structural subordination because GEH is owned and controlled by stronger entities and benefits from its shareholders' likely support in a distress scenario.As such, the rating for the notes to be issued by GWPM is in line with GEH's corporate family rating (CFR).RATINGS RATIONALEGEH's rating reflects its diverse portfolio of operating renewable energy assets backed by long-term contracts, track record and large operating scale.

News Mauritius Banks: UAE, Mauritius to enhance ties in key areas of central banking

Published on: Wednesday 16 March 2022
UAE, Mauritius to enhance ties in key areas of central banking
News source: https://www.gulftoday.ae/business/2022/03/16/uae-mauritius-to-enhance-ties-in-key-areas-of-central-banking

The Central Bank of the UAE (CBUAE) and the Bank of Mauritius (BoM) signed a Memorandum of Understanding (MoU) on Tuesday to enhance cooperation in key areas of central banking and share supervisory information. The MoU covers four

News Mauritius Banks: Drug trafficking in Mauritius | All Prison officers and their family members to declare their assets

Published on: Sunday 20 March 2022
Drug trafficking in Mauritius | All Prison officers and their family members to declare their assets
News source: https://www.linkedin.com/pulse/drug-trafficking-mauritius-all-prison-officers-family-fadya

Following the damning report by the Commission of Inquiry on Drug Trafficking led Paul Lam Shang Leen, former Judge of the Supreme Court, Cabinet has agreed on Friday 18 March 2022 to extend the application of the Declaration of Assets Act to every officer of the Departmental grade in the Mauritius

News Mauritius Banks: AfrAsia Bank, an internationally- acclaimed institution*, embraces AI-based Unified End-Point Management with emerald BlackBerry partners, Grove.

Published on: Tuesday 22 February 2022
AfrAsia Bank, an internationally- acclaimed institution*, embraces AI-based Unified End-Point Management with emerald BlackBerry partners, Grove.
News source: https://www.linkedin.com/pulse/afrasia-bank-internationally-acclaimed-institution-unified-bartlett

As we venture into 2022, with all of our greatest aspirations, we can stand tall and hope that we will see an improvement in the volumes and sophistication of cyber security attacks in Africa.  Unfortunately, based on many cyber security predictions forecasted for 2022, it does not look like things

News Mauritius Banks: Positioning Mauritius International Financial Sector as a Sustainability Hub of Africa, high on Government's agenda

Published on: Tuesday 25 January 2022
Positioning Mauritius International Financial Sector as a Sustainability Hub of Africa, high on Government's agenda
News source: https://www.zawya.com/saudi-arabia/en/press-releases/story/Positioning_Mauritius_International_Financial_Sector_as_a_Sustainability_Hub_of_Africa_high_on_Governments_agenda-AFPR250120220191/

Government has placed high on its agenda the positioning of the Mauritius International Financial Sector as a Sustainability Hub of Africa and to spearhead Environmental, Social and Governance ...

News Mauritius Banks: Mauritius: The World Bank Country Director for Mauritius Meets Minister Koonjoo-Shah

Published on: Monday 17 January 2022
Mauritius: The World Bank Country Director for Mauritius Meets Minister Koonjoo-Shah
News source: https://allafrica.com/stories/202201180154.html

Press Release - The World Bank (WB) Country Director for Mauritius, Mrs Idah Z. Pswarayi-Riddihough, paid a courtesy call, this afternoon, on the Minister of Gender Equality and Family Welfare, Mrs Kalpana Devi Koonjoo-Shah, at her office, in Port-Louis. Mrs Pswarayi-Riddihough is on an official visit to Mauritius till 09 February 2022.

News Mauritius Banks: B2Broker Group Acquires FSC Licence in Mauritius for the Provision of Multi-Asset Brokerage Services

Published on: Monday 24 January 2022
B2Broker Group Acquires FSC Licence in Mauritius for the Provision of Multi-Asset Brokerage Services
News source: https://financialit.net/news/payments/b2broker-group-acquires-fsc-licence-mauritius-provision-multi-asset-brokerage-services

B2Broker Group Acquires FSC Licence in Mauritius for the Provision of Multi-Asset Brokerage Services The Financial Services Commission (FSC) of Mauritius has granted a licence to B2Broker, a leading provider of liquidity and technological solutions to the Forex and financial services sectors. Licence # C117017139 was issued to B2B Prime Services Limited, a B2Broker Group

News Mauritius Banks: Mauritius: World Bank Country Director for Mauritius Calls On President of the Republic

Published on: Wednesday 19 January 2022
News source: https://allafrica.com/stories/202201200075.html

Press Release - The World Bank Country Director for Mozambique, Madagascar, Mauritius, Comoros and Seychelles in the Eastern and Southern Africa Region, Mrs Idah Z. Pswarayi-Riddihough, met with the ...