Empowering MSMEs with News & Insights

Economy

BSE slumps over 400 points but SME Exchange trades 0.02% higher

BSE slumps over 400 points but SME…

Mumbai, Aug 21 (KNN) Unlike the main board which was down over 400 points after the weakening rupee which hit a two-year low, the SME exchange of BSE was trading…
Govt approves guidelines for selection of MD & CEOs for smaller Public Sector Banks

Govt approves guidelines for selection of MD…

New Delhi, Aug 21 (KNN) Appointments Committee of Cabinet (ACC) has approved the guidelines for selection of MD & CEOs in Public Sector Banks (PSBs) other…
Larger of the SMEs are beginning to show less stress: SBI chairperson

Larger of the SMEs are beginning to…

Mumbai, Aug 20 (KNN) Stating that the stress in the mid-corporates in the recent past has come down, State Bank of India (SBI) chairperson Arundhati Bhattacharya…
India needs to strengthen its anti-dumping mechanism - DIPP Secretary

India needs to strengthen its anti-dumping mechanism…

Mumbai, Aug 20 (KNN) India needs to strengthen its anti-dumping mechanism and take care of its primary sectors such as steel so that it is able to tackle this…
Licences for small finance banks to be announced next month - Rajan

Licences for small finance banks to be…

Mumbai, Aug 20 (KNN) A day after RBI gave in-principle approval to 11 applicants for payment banks, Reserve Bank of India (RBI) governor Raghuram G Rajan today…
RBI gives 'in-principle' approval to 11 applicants for Payment Banks

RBI gives 'in-principle' approval to 11 applicants…

Mumbai, Aug 20 (KNN) The Reserve Bank of India has decided to grant “in-principle” approval to the following 11 applicants to set up payments banks.
VC funds coming to the country goes into e-commerce rather than mfg, biotech, solar - Jayant Sinha

VC funds coming to the country goes…

Mumbai, Aug 19 (KNN) Most of the venture capital funds coming into the country is currently going into e-commerce business but in the sectors like manufacturing,…
SBI launches mobile wallet app 'SBI Buddy'

SBI launches mobile wallet app 'SBI Buddy'

Mumbai, Aug 18 (KNN) India’s largest lender State Bank of India today launched a mobile wallet app, SBI Buddy, in collaboration with Accenture and Mastercard.
BSE asks members to submit suspicious trade reports on monthly basis to check laundering

BSE asks members to submit suspicious trade…

Mumbai, Aug 18 (KNN) With the view to check money laundering through stock markets, Bombay Stock Exchange (BSE) has asked its members to report on a monthly…
ICICI bank launches digital lockers which would be available on weekends, post banking hours

ICICI bank launches digital lockers which would…

New Delhi, Aug 18 (KNN) ICICI bank today launched fully automated digital locker which would be available to customers even on weekends and post banking hours.