(Eds: Correcting the dateline) SMT raises Rs 230-cr from Morgan Stanley, Samara Capital

Mumbai, Jan 10 (PTI): Cardiac stents maker SahajanandMedical Technologies (SMT) has raised Rs 230 crore from MorganStanley Private Equity Asia and Samara Capital."As part of the current transaction, a fund managed byMorgan Stanley has invested Rs 160 crore into the company fora minority stake. Our existing investor Samara Capital alsoparticipated in the round with Rs 70 crore," SMT said instatement today.The proceeds from the transaction will be used tofinance SMT's organic growth, acquisitions and R&D.Founded in 2001, SMT is one of the first Asiancompanies to indigenously develop and manufacture coronarystents and is the market leader of minimally invasive coronarystents (drug-eluting and bare metal), renal stents, PTCAballoon catheters and other cardio vascular accessories in thecountry.SMT has a plant in Gujarat and two R&D centers, ofwhich one is in Ireland.******Nissan to launch AMT version of Redi-GoJapanese auto major Nissan Motor's has announced thepre-launch bookings for the automated manual transmission(AMT) version of its Datsun redi-GO.The redi-Go AMT, whose deliveries will began fromJanuary 23, joins the other four Datsun models, the companysaid today."During the past 20 months, we launched four variantsof the Datsun redi-Go to address the changing needs ofcustomers. With the new redi-Go AMT, we aim to offerconvenience of city drive at an accessible price," NissanMotor India managing director Jerome Saigot said, adding thecompact car was first launched in June 2016.******Access your Kotak Bank account with your fingerprintNow, you will be able to access bank account on themobile phone by scanning the fingerprint or letting the deviceuse its feature to authenticate your face.Private sector lender Kotak Mahindra Bank hasintroduced the facility that can be accessed through selectdevices having the facility, and without entering anycredentials, it said in a statement.The customer's biometric credentials will be stored onher own phone and not on the bank servers, it said, addingthat the MPIN will have to be entered for conducting financialtransactions.******BoI signs pact with RXIL as TReDS partnerState-run Bank of India has entered into an agreementwith the Receivables Exchange of India (RXIL) as a tradereceivables discounting system (TReDS) partner for discountinginvoices of MSMEs on digital platform.RXIL is a joint venture between Sidbi and NSE, set upto operate a TReDS platform for factoring of invoices of theMSMEs in compliance of guidelines issued by RBI.TReDS is a digital platform to help MSMEs to get theirtrade receivables financed at a competitive rates through anauction mechanism.******Esaf Small Finance Bank ties up with Kinetic GreenESAF Small Finance Bank has entered into a strategicagreement with electric rickshaw maker Kinetic Green Energy &Power Solutions to finance electric rickshaws in 13 states.The bank will follow the joint lending group model with weekly installments that will bring forth more discipline and ease of repayments for the potential loan takers.

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