Utkarsh Small Finance Bank Limited’s First Sustainability Report, Highlights Commitment to Green Banking

Highlights:

·       Utkarsh SFBL proudly announces the release of its inaugural Sustainability Report for FY 2023-24

·       The Report is a significant milestone in the Bank’s journey towards integrating Environmental, Social, and Governance (ESG) principles

·       The comprehensive report, titled “U-SUSTAIN,” highlights the Bank’s strategic initiatives and achievements in promoting sustainable development and responsible banking

Mumbai – Utkarsh Small Finance Bank Limited proudly announces the release of its inaugural Sustainability Report for FY 2023-24, marking a significant milestone in the Bank’s journey towards integrating Environmental, Social, and Governance (ESG) principles into its core operations. This comprehensive report, titled “U-SUSTAIN,” highlights the Bank’s strategic initiatives and achievements in promoting sustainable development and responsible banking.

Key Highlights of the Sustainability Report:

·        ESG Strategy: Detailed insights into the Bank’s ESG policy, climate risk management, and sustainable resource consumption.

·        Environmental Initiatives: Achievements in energy efficiency, waste management, and the adoption of green technologies.

·        Social Impact: Efforts in financial inclusion, community engagement, and employee diversity and development.

·        Governance: Strong governance framework ensuring transparency, accountability, and ethical business practices.

Commenting on the Sustainability Report, Mr. Govind Singh, MD & CEO, Utkarsh Small Finance Bank Limited, “We are delighted to present our first Sustainability Report, which underscores our unwavering commitment to ESG principles. At Utkarsh Small Finance Bank Limited, we believe that sustainable banking is not just a responsibility but a path to creating long-term value for our stakeholders. This report reflects our dedication to fostering a resilient and inclusive financial ecosystem while addressing the pressing environmental and social challenges of our time.”

The full Sustainability Report is now available on the Bank’s official website. Stakeholders and the public are encouraged to visit www.utkarsh.bank to access the detailed report and learn more about the Bank’s ESG initiatives.

 

MODIFI Secures Strategic Investment from SMBC Asia Rising Fund to fuel Asian exports by SMEs

 Fintech leader strengthens position in cross-border B2B payments and trade finance, eyeing rapid growth across Asia, including China and India.

 

Mumbai, 6th November 2024 -- MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the successful completion of a $15 million funding round led by SMBC Asia Rising Fund with participation from existing investors Maersk, IntesaSanPaolo, Heliad and other top-tier global investors. Sumitomo Mitsui Banking Corporation (SMBC), one of Japan’s leading banks and a major financial force in the APAC region, brings both capital and strategic alignment to the partnership. Beyond the equity investment, MODIFI and SMBC have signed a Memorandum of Understanding (MoU) to jointly advance digital solutions that support SME exporters across Asia in expanding their international trade operations. Through a series of joint initiatives, MODIFI and SMBC aim to empower SMEs with innovative cross-border financing solutions.

 

The announcement comes on the sidelines of Singapore Fintech Festival, showcasing MODIFI's drive for innovation in the global fintech landscape. This new capital infusion will accelerate MODIFI's expansion, particularly in high-growth markets like China and India, where the company has already made significant inroads. MODIFI’s platform delivers critical liquidity and flexible payment terms to small and medium-sized enterprises (SMEs), helping them optimize cash flow and expand their international reach.

 

"The funding underscores the strength of our business and the confidence our investors have in our vision for the future," said Nelson Holzner, CEO and Co-founder of MODIFI. "As global commerce evolves, MODIFI is at the forefront, providing innovative solutions that empower businesses to scale and succeed across borders."

 

MODIFI's exponential growth has solidified its position as a market leader in cross-border payments and trade finance. Recognized by Financial Times and Statista as one of the Fastest Growing European Fintech Companies in 2024, MODIFI has facilitated over $3 billion in global trade for more than 1,800 companies since it was founded in 2018. The platform offers instant working capital approval, alongside integrated risk management tools that shield businesses from buyer defaults and fraud.

 

"Our mission is simple: We empower SMEs to compete and thrive in the global market with fast, flexible, and secure payment solutions," added Holzner. "With this fresh funding, we’re set to redefine global trade finance—ensuring businesses of all sizes can unlock the liquidity and get the protection they need to grow internationally."

 

"By transforming cross-border supply chain finance for the digital age with their global presence, we believe MODIFI supports SMEs to scale their export businesses with ease. We look forward to collaborating with MODIFI to empower our corporate clients to expand their businesses globally with agility and financial flexibility overcoming traditional trade barriers.”, said Keiji Matsunaga, General Manager of Digital Strategy Department, SMBC.

 

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About MODIFI

MODIFI is redefining global trade finance as a leader in B2B Buy Now, Pay Later (BNPL) solutions. Trusted by businesses across 55+ countries, MODIFI provides cutting-edge tools that optimize working capital and streamline cross-border payments. Through its extensive global network, MODIFI delivers fast, flexible, and secure financial solutions, helping companies expand their international footprint with ease. By integrating advanced risk management features and seamless payment processes, MODIFI is setting new benchmarks in global commerce, empowering businesses of all sizes to thrive in a rapidly evolving market.

About SMBC and SMBC Asia Rising Fund

SMBC, one of the leading banks in Japan, co-funded SMBC Asia Rising Fund with Incubate Fund which is a corporate venture capital fund, for the purpose of accelerating business development and partnerships through investments in high potential start-ups operating actively in Asia. Through this fund, SMBC Group will enhance its business and provide clients with new solutions by uncovering/ applying new technologies via partnerships with investee firms and the development of new business models and products.

 

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Anup Jalota lauds the subject of Soul Science: It's not just about academic excellence but shaping children into good human beings

In today’s fast-paced world, where true peace and self-awareness often take a backseat, a soulful conversation can be a refreshing change. Recently, Padmashri Anup Jalota and Mr. Yash Birla came together for just that—a meaningful discussion titled "The Soul Science," exploring the power of discipline, music, and inner harmony in shaping lives filled with purpose and passion. Organized by Birla Open Minds Education Pvt Ltd, this inspiring dialogue saw Mr. Yash Birla, Chairman of Birla Open Minds, and the legendary singer Anup Jalota share their vision for nurturing inner peace and self-awareness in today’s youth, a foundation as important as academics for true success.

Padmashri Anup Jalota commended Yash Birla’s progressive vision for integrating values-based education alongside academics and expressed, "I must congratulate Mr. Yash Birla for his unique approach to education. It's not just about academic excellence but shaping children into good human beings. We often hear stories of professionals who, despite their qualifications, lack empathy and kindness. Soul Science aims to bridge that gap by instilling inner peace and self-awareness, teaching students to be compassionate individuals from a young age. Peace isn’t something you can inject; it’s already within us. This subject will help awaken it."

Mr. Yash Birla explained his philosophy, “‘Soul Science’ combines two elements: ‘Soul’ for inner connection and ‘Science’ for understanding the complexities of the world. Success, in any form, begins with inner harmony. This subject guides students to discover that peace within themselves, empowering them to face life’s challenges with compassion. And music, a part of our upskilling curriculum at Birla Brainiacs, fosters discipline while allowing students to explore their passions. This holistic approach is what educational institutions champion.”

Link - https://www.youtube.com/watch?v=W8-eI2hi1i8

Birla Open Minds’ Soul Science and Life Skills curriculum reflects this powerful vision. With practices like yoga, meditation, and mindfulness, it goes beyond academics to nurture students’ mind, body, and soul. By blending intellectual growth with emotional and spiritual well-being, Birla Open Minds Education Pvt Ltd is helping students grow into compassionate, self-aware individuals ready for today’s complex world.

Convenience at Your Doorstep: Aadhaar Camps Organized by the Department of Posts!

Dear Citizens,

Department of Posts is excited to announce a series of Aadhaar service camps in your vicinity!

We’re committed to enhancing citizen services and bringing essential services closer to you at your doorstep!

Join us for:

- New Aadhaar Enrolments for Children below 5 years of age

- Aadhaar Updates and Corrections (Address, email, Mobile Number, Biometric etc)

- Generating Jeevan Praman Patra for Pensioners

- Other Post Office Services

Where: Residential Societies, Corporate Offices, and Educational Institutions (Schools and Colleges)

To schedule a camp at your location, please contact to nearest post office or email us at dop.ippb.mh@gmail.com with the following details:

- Contact Person's Name

- Contact Person's Phone Number

- Premises Address

 

Prerequisite- 

·       Suitable Covered space with good internet connectivity.

·       Table and chair arrangement for postman and desktop.

·       Local Volunteer for Crowd Management

Documents to avail service-

For new Aadhaar

·       Original Birth certificate of child

·       Aadhaar card of Mother/father along with physical presence

Aadhaar updation / Modification-

·          Existing Aadhaar card

·          Proof of documents

 

Jeevan Pramaan Patra for pensioners i.e. Digital Life Certificate-

•        Aadhaar number

•        Type of pension

•        Sanctioning authority

•        Disbursing agency

•        PPO number

•        Account number (pension)

Take advantage of this convenient service and ensure your Aadhaar details are up-to-date right at your doorstep!

Through the above-mentioned email ID, this service is applicable only for State of Maharashtra and Goa.

 

 

 

 

आधार संबंधित घरपोच सुविधा :- भारतीय डाक विभागातर्फे आधार शिबिरांचे आयोजन

 

प्रिय नागरिकांनो,

भारतीय डाक विभाग तुमच्या परिसरात आधार सेवा संबंधित शिबिर करण्यास उत्सुक आहे. नागरिकांना आधार संबंधित व भारतीय डाक विभागाच्या इतर सेवा देण्यासाठी हि मोहीम राबविण्यात येत आहे.

 

या शिबिरात मुख्यतः पुढील सुविधा देण्यात येतील : -

·       5 वर्षांपेक्षा कमी वयाच्या मुलांसाठी नवीन आधार नोंदणी.

·       आधार अपडेट आणि सुधारणा (पत्ता, ईमेल, मोबाईल नंबर, बायोमेट्रिक इ.).

·       पेन्शनधारकांसाठी जीवन प्रमाण पत्र (डिजिटल लाइफ सर्टिफिकेट) तयार करणे.

·       तसेच इतर पोस्ट ऑफिस सेवा.

 

 ठिकाण:- सोसायटी, संस्था, कॉर्पोरेट कार्यालये आणि शैक्षणिक संस्था (शाळा आणि महाविद्यालये) इ.

तुमच्या परिसरात शिबिराचे आयोजन करण्यासाठी, कृपया जवळच्या पोस्ट ऑफिसशी संपर्क करा किंवा  खालील तपशीलांसह आम्हाला dop.ippb.mh@gmail.com वर ईमेल करा :-

समन्वयकाचे नाव -

समन्वयकाचा फोन नंबर -

पत्ता – (जिथे शिबीर घ्यायचे आहे)

शिबिरासाठी पुढील बाबींची पूर्व तयारी गरजेचे आहे- 

* चांगल्या इंटरनेट कनेक्टिव्हिटीसह योग्य जागा.

* पोस्टमन आणि डेस्कटॉपसाठी टेबल आणि खुर्चीची व्यवस्था.

* गर्दी व्यवस्थापनासाठी स्थानिक स्वयंसेवक

 

सेवेचा लाभ घेण्यासाठी आवश्यक कागदपत्रे :-

नवीन आधारसाठी

* मुलाचे मूळ जन्म प्रमाणपत्र

* आई/वडिल आधार कार्डसह स्वतः उपस्थित

आधार अपडेट/फेरफार साठी :-

* मूळ आधार कार्ड

* कागदपत्रांचा पुरावा

पेन्शनधारकांसाठी जीवन प्रमाण पत्र म्हणजे डिजिटल लाइफ सर्टिफिकेट :-

* आधार क्रमांक

* पेन्शनचा प्रकार

* मंजुरी प्राधिकरण

* वितरण संस्था

* PPO क्रमांक

* पेंशन खाते क्रमांक.

 

तरीही सर्व इच्छुक नागरिकांना डाक विभाग तर्फे आवाहन करण्यात येते कि वर नमूद केलेल्या ईमेल आयडी वर संपर्क साधावा. 

 

टीप :- वरील ई-मेल द्वारे दिली जाणारी सेवा फक्त महाराष्ट्र आणि गोवा राज्यांसाठी लागू आहे.