14-Apr-16

Investment bank Intellecap Advisory Services has entered debt investment banking.

Under the services, Intellecap would assist its clients with transaction structuring and debt fund raising from banks, financial institutions, private placement of debt, commercial paper and external commercial borrowings, among others, it said in a statement.

Intellecap investment banking Head Gagandeep Bakshi said the move “is a logical extension as it completes our fund raising offering and enhances our existing capabilities”.

NPCI, MicroSave tie up to boost digital payments * National Payments Corporation of India (NPCI) and financial inclusion consulting firm, MicroSave, today signed a pact to support Jan Dhan Yojana and to boost digital transactions.

Both the institutions will collaborate to accelerate creation of less-cash economy in the country through RuPay, Immediate Payment Service (IMPS), Aadhaar-Enabled Payment System (AEPS) and Unified Payments Interface (UPI), a press released issued said.