India seeks to deepen foreign exchange market with onshore NDFs
India announced steps to deepen its foreign exchange market by allowing local residents trade currency derivatives contracts popular in...
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Business Today
FM Sitharaman likely to meet CEOs of public sector banks amid ongoing global banking crisis: Report
Union Finance minister Nirmala Sitharaman is scheduled to meet managing directors of public sector banks (PSBs) on March 25 for a...
Knowledge & News Network (KNN)
MSME lender Tamilnad Mercantile Bank to set up first branch in North-East
Tamilnad Mercant ile Bank (TMB) has confirmed that it will very soon have its first footprint in North East India as it is set to open 25...
Financial Express
Loan applications of weavers and artisans rejected due to Central Govt’s stringent notifications: WB
Ease of Doing Business for MSM Es: West Bengal’s former finance minister Amit Mitra on Monday wrote a letter to the Union Finance...
newsonair.com
RAMP Portal launched; to scale up MSME coverage
The Ministry of Micro, S mall & Medium Enterprises is organizing a two-day ‘Regional Conference on Sustainable Development of MSMEs in...
Financial Express
Delayed payment complaints by micro, small enterprises drop in 2022 from previous year: Govt data
Delayed payment applications f iled by micro and small enterprises (MSEs) against central public sector units and departments dropped...
Financial Express
Modi Govt’s new year gift: Small savings rates hiked
The finance ministry on Friday raised by up to 110 basis points interest rates on most small savings schemes which don’t extend tax...
Knowledge & News Network (KNN)
Centre likely to hike interest rate subsidy for MSME exporters in budget
In the upcoming annual budget for 2023-24, the central government is planning to raise interest rate subsidy for small and medium...
Financial Express
NBFC loans to MSMEs jump 14% in FY22 from 2.8% in FY21: RBI report
Amid an overall increase in ban k credit to MSMEs in the financial year 2021-22, non-banking finance companies (NBFCs) also had a...
Knowledge & News Network (KNN)
KASSIA asks govt to provide soft loans to MSMEs at 4%
To double MSME c ontribution to India’s GDP, Karnataka Small Scale Industries Association (KASSIA) has suggested the central government...
Business Today
New bank locker rules from Jan 1: Check details on new rules, rent, compensation for locker holders
The Reserve Bank of India ( RBI) has said that all leading banks should issue the locker agreement to its holders before January 1, 2023,...
Financial Express
Fixed Deposit vs Target Maturity Fund: Which is better if you are in a higher tax slab?
Both Fixed Deposit and Target M aturity Funds (TMFs) became attractive in 2022. As FD rates have gone up and bond yields have also risen...
Business Today
Personal loan rose to Rs 37.7 lakh crore in 2022 despite interest rate hikes: Report
The demand for credit in In dia remained high despite rising rate hikes in the last one year. The outstanding personal loans rose to a...
Business Standard
Central Bank of India slips 13% in four days
Central Bank of India tumbled 4.01% to Rs 34.75, extending losses for the fourth consecutive trading session. Shares of the state-run...
Moneycontrol
Mild recession in the US may aid Asian markets including India: Credit Suisse's Dan Fineman
Dan Fineman, co-head of equity strategy-Asia Pacific at Credit Suisse, sees the world's largest economy US slipping into recession but...
Zee Business
PNB Housing Finance opens 'Roshni' branches in these cities for affordable housing loans
PNB Housing Finance on Fr iday said it has opened 'Roshni' branches in various locations, including tier II and III cities, for deepening...
Financial Express
Now banks can check the probability of an MSME turning NPA. Here’s how
Credit bureau TransUnion CIBIL on Tuesday launched a ranking model for MSMEs FIT Rank in collaboration with digital credit marketplace...
Financial Express
Rising rates may pose risk to MSME loan portfolio
A rising interest rate may pose a risk to the micro, small and medium-sized enterprises (MSME) portfolio of lenders considering that a...
The Indian Express
RBI cautions against darkening global outlook
A Reserve Bank of India report on Tuesday cautioned that the balance of risks is increasingly tilted towards a darkening global outlook...
Outlook
Govt Taking Steps To Make Indian MSMEs Stronger, Globally Competitive: Minister
Micro, small and medium enterprises are among the most important pillars of India's economy and the government is working to make the...
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