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Economy

BSE SME open in red on Monday morning; no. of companies listed reached 96

BSE SME open in red on Monday…

Mumbai, July 13 (KNN) On Monday morning, the BSE SME opened in red with merely 8 out of 90 companies trading actively on the platform.
 
Out…
31 out of 89 companies listed with BSE SME traded actively today

31 out of 89 companies listed with…

Mumbai, July 10 (KNN) Although the market sentiments of investors remained low on the BSE SME platform, the number of companies trading actively increased…
Microfinance institutions to raise Rs 20,000 cr in 18 months

Microfinance institutions to raise Rs 20,000 cr…

Mumbai, Jul 10 (KNN) India’s microfinance institutions planned to raise incremental capital of around Rs 20,000 crore over the next 18 months, according…
Bandhan plans to go for an IPO in 2018; bank to be inaugurated by Prez on Aug 23, 2015

Bandhan plans to go for an IPO…

Kolkata, July 10 (KNN) Kolkata based - Bandhan Bank, plans to go for an IPO in 2018. The bank also unveiled that it is set to start operations in August.
RBI likely to grant payment bank licence to India Post by Sept: Ravi Shankar Prasad

RBI likely to grant payment bank licence…

New Delhi, July 9 (KNN) The Reserve Bank is expected to grant payment bank licence to the postal department by September for operating Post Bank, Communications…
DGFT launches online payment facility for application fees through Credit/ Debit Cards

DGFT launches online payment facility for application…

New Delhi, July 9 (KNN) Taking yet another small but crucial step towards paperless, online functioning in 24x7 environment, Directorate General of Foreign…
IDBI bank signs agreement with Mudra Bank for refinancing loans

IDBI bank signs agreement with Mudra Bank…

New Delhi, July 8 (KNN) IDBI Bank has entered into an agreement with Mudra Bank for refinancing of loans given to small enterprises.

"As…
Steel minister asks Karnataka to expedite the auction process to boost more revenue

Steel minister asks Karnataka to expedite the…

New Delhi, Jul 8 (KNN) Ministry of Steel and Mines Minister Narendra Singh Tomar on Tuesday asked the Karnataka government to expedite the auction process…
Exporters, importers may pay fees using credit/ debit cards from this week

Exporters, importers may pay fees using credit/…

New Delhi, July 7 (KNN) The exporters and importers will soon be allowed to pay their fees and penalties through debit or credit cards from this week, a leading…
Oriental Bank launches new schemes for MSME clients

Oriental Bank launches new schemes for MSME…

New Delhi, Jul 7 (KNN) Oriental Bank of Commerce has recently launched new MSME schemes to help small entrepreneurs with speedy and hassle free financing.