It added 1,000 employees to its India workforce in 2022.
According to the statement, the fund is the country's first such dedicated platform to invest in data centres.
Such a facility if successful can enable digital payments in areas with no or poor internet connectivity.
Sonata Finance, boasting assets worth Rs1,903 crore rupees under its management as of December 31, 2022.
Major Banks like Axis Bank, IDBI Bank, Canara Bank will be in focus today ahead of their Q3 earnings.
The gross non-performing loan ratio was 2.06% at the end of the December quarter, down from 2.48% the previous year.
The Memorandum of Understanding (MoU) was signed with the intention of raising awareness about the new loan product
In November, the NCLT's Cuttack bench accepted a plea against Visa Steel, putting an end to more than four years of unsuccessful bank attempts to put the company into administration.
The long-term issuer rating has been affirmed at IND AAA with Stable outlook.
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