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Economy

Empower banks to get rid of NPAs without 3C fear: Assocham

Empower banks to get rid of NPAs…

New Delhi, June 10 (KNN) With a view to containing non-performing assets (NPAs) in banks, the government should empower the boards of the public sector…

Fall in African currency pulls down exports from India; MSMEs impacted

Fall in African currency pulls down exports…

New Delhi, June 10 (KNN) India’s export to Africa has witnesses almost 23 per cent fall due to fall in global commodity prices especially oil and…

India & Mexico stress on necessity to encourage cooperation between SMEs

India & Mexico stress on necessity to…

New Delhi, June 9 (KNN) India and Mexico has stressed upon the necessity of developing a greater connectivity between the two countries and encouraging…

Experts disappointed over RBI’s “no rate cut” decision; seek FM’s intervention

Experts disappointed over RBI’s “no rate cut”…

New Delhi, June 7 (KNN) The Reserve Bank of India’s attitude is not good and the Finance Minister should intervene himself, said Economist VK Suri…

RBI keeps interest rates unchanged; repo rate at 6.5% and CRR at 4%

RBI keeps interest rates unchanged; repo rate…

Mumbai, June 7 (KNN) The Reserve Bank of India (RBI) Governor Raghuram Rajan has kept the interest rates unchanged at its policy review. The repo rate was…

Cut in repo rate much needed for the MSMEs: Expert

Cut in repo rate much needed for…

New Delhi, June 6 (KNN) All eyes would be set on the Reserve Bank of India’s Governor tomorrow as he is going to review the bi-monthly monetary…

Deal with bad loans and NPAs commercially, FM tells PSUs

Deal with bad loans and NPAs commercially,…

New Delhi, June 6 (KNN) Union Finance Minister Arun Jaitley today said that Public Sector Banks are free to deal commercially with the bad loans.

He…

BSE SME trades up by 0.17% on Monday morning

BSE SME trades up by 0.17% on…

Mumbai, June 6 (KNN) The SME Exchange of BSE was trading up by 0.17 per cent on Monday morning, however, only 11 out of 120 companies listed with the bourse…

FM to review performance of PSBs on credit to MSEs, MUDRA and more

FM to review performance of PSBs on…

New Delhi, June 3 (KNN) The Union Finance Minister, Arun Jaitley would review the performance of PSBs during the Financial Year 2015-15 with regard to the…

The not-so good Financial Ecosystem of MSMEs

The not-so good Financial Ecosystem of MSMEs

New Delhi, June 3 (KNN) The latest RBI data on credit lending shows dismal figures for the MSMEs, as the sectoral deployment of bank credit by the banks…