PSB Xchange Enables Dealer Finance Programme With Central Bank
Cement

PSB Xchange Enables Dealer Finance Programme With Central Bank

PSB Xchange has enabled a dealer financing programme for Shree Cement in partnership with Central Bank of India (CBI), marking a step towards scaling institutional credit across large corporate ecosystems through a national digital infrastructure. The programme will provide structured working capital financing to Shree Cement's more than 17,000 dealer and distributor network, improving liquidity, accelerating access to credit and streamlining working capital cycles across the distribution value chain. Dealers can access financing from participating lenders via the platform, with CBI acting as financing partner.

PSB Xchange operates as a collaborative ecosystem connecting corporates, fintech partners and lenders through a unified digital infrastructure. It enables standardised onboarding, programme discovery and integration between fintech originators and lenders to create a scalable foundation for supply chain finance programmes across industries. The architecture allows fintech participants to originate and enable financing while providing lenders with curated, structured opportunities through a single platform, reducing fragmentation and speeding deployment.

The initiative aligns with the broader objective of expanding formal credit access to India's micro, small and medium enterprises (MSME) sector where a financing gap persists. By embedding financing within corporate supply chains the platform allows lenders to underwrite MSMEs using transaction level visibility and anchor relationships, improving credit quality and accelerating disbursement timelines. The approach also enhances transparency and reduces operational friction across the financing lifecycle, supporting faster and more reliable credit delivery to smaller firms.

PSB Xchange has onboarded multiple lenders and continues to expand participation across public sector banks, private sector banks, non-bank finance companies and fintech originators. As more participants join the ecosystem the platform is expected to play a key role in accelerating adoption of digital supply chain finance while enabling greater inclusion of MSME participants into formal financing channels. Central Bank of India officials indicated that the partnership aims to extend timely and structured working capital solutions to Shree Cement dealers and strengthen industrial supply chains.

PSB Xchange has enabled a dealer financing programme for Shree Cement in partnership with Central Bank of India (CBI), marking a step towards scaling institutional credit across large corporate ecosystems through a national digital infrastructure. The programme will provide structured working capital financing to Shree Cement's more than 17,000 dealer and distributor network, improving liquidity, accelerating access to credit and streamlining working capital cycles across the distribution value chain. Dealers can access financing from participating lenders via the platform, with CBI acting as financing partner. PSB Xchange operates as a collaborative ecosystem connecting corporates, fintech partners and lenders through a unified digital infrastructure. It enables standardised onboarding, programme discovery and integration between fintech originators and lenders to create a scalable foundation for supply chain finance programmes across industries. The architecture allows fintech participants to originate and enable financing while providing lenders with curated, structured opportunities through a single platform, reducing fragmentation and speeding deployment. The initiative aligns with the broader objective of expanding formal credit access to India's micro, small and medium enterprises (MSME) sector where a financing gap persists. By embedding financing within corporate supply chains the platform allows lenders to underwrite MSMEs using transaction level visibility and anchor relationships, improving credit quality and accelerating disbursement timelines. The approach also enhances transparency and reduces operational friction across the financing lifecycle, supporting faster and more reliable credit delivery to smaller firms. PSB Xchange has onboarded multiple lenders and continues to expand participation across public sector banks, private sector banks, non-bank finance companies and fintech originators. As more participants join the ecosystem the platform is expected to play a key role in accelerating adoption of digital supply chain finance while enabling greater inclusion of MSME participants into formal financing channels. Central Bank of India officials indicated that the partnership aims to extend timely and structured working capital solutions to Shree Cement dealers and strengthen industrial supply chains.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement