PSB Xchange Enables Dealer Finance Programme With Central Bank

11 May 2026 CW Team

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.

Infrastructure Transport

11 May 2026

RAHSTA 2026 to Host Certified Highway Construction Masterclass

RAHSTA 2026 will organise the Certified Highway Construction Masterclass, a specialised two-day corporate training programme for highway construction professionals, on July 8–9, 2026, at the Jio World Convention Centre.The Masterclass will be delivered by RASTA – Center for Road Technology and supported by Construction World and FIRST Construction Council.Designed as an industry-led refresher programme, the Masterclass aims to help engineering and project teams stay updated with the latest advancements in highway construction, pavement technologies, sustainable materials, intelligent compa..

Infrastructure Urban

11 May 2026

Grand Mercure Mysuru Turns 10; BHVL to Invest Rs 1,000 Crore in Karnataka

Brigade Hotel Ventures Limited (BHVL) has marked the 10th anniversary of its flagship property, Grand Mercure Mysuru, by announcing a major investment plan of around Rs 1,000 crore in Karnataka over the next five years. The company said the investment will be directed towards new hospitality projects as well as modernisation of existing assets, aligning with the evolving demand for experiential tourism.The announcement comes as BHVL reiterated its focus on strengthening Mysuru’s position as a prominent global tourism destination by supporting the local micro-economy and adopting sustainable ..

Infrastructure Urban

11 May 2026

Ottobock and Celcius Set Up Prosthetics Warehouse in India

Celcius Logistics, a domestic third-party logistics (3PL) company specialising in end-to-end cold-chain solutions, has partnered with Ottobock India, the Indian arm of Germany-based Ottobock, to establish a dedicated prosthetics warehouse and logistics distribution hub in India. As part of the collaboration, a technology-enabled facility has been launched in Thane to streamline storage and nationwide movement of prosthetic and assistive devices.The dedicated warehouse is expected to strengthen the medical supply chain by reducing turnaround time and improving access to prosthetic products acro..