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Economy

RBI Governor meets Finance Minister today

RBI Governor meets Finance Minister today

New Delhi, June 11 (KNN) Reserve Bank Governor Raghuram Rajan met Finance Minister Arun Jaitley today to discuss the macroeconomic issues.

"These…
Cabinet nod for Rs 6000 cr interest free loan to sugar mills for paying farmers

Cabinet nod for Rs 6000 cr interest…

New Delhi, June 10 (KNN) In a bid to help the cash starved sugar industry, Cabinet has decided to provide soft loans to the extent of Rs 6000 crore to the…
RBI allows banks to acquire majority stake in stressed firms

RBI allows banks to acquire majority stake…

Mumbai, June 9 (KNN) Keeping in view the mounting bad loans in the last few months, the Reserve Bank of India (RBI) has come up with fresh guidelines under…
Govt relaxes norms for companies; provides exemptions under various provisions of Companies Act

Govt relaxes norms for companies; provides exemptions…

New Delhi, June 8 (KNN) With the view to improve ease of doing business in the country, the government has relaxed norms for private companies including those…
Monsoon is the biggest factor in economic growth: RBI Gov

Monsoon is the biggest factor in economic…

Mumbai, Jun 3 (KNN) The Reserve Bank of India (RBI) governor Raghuram Rajan said monsoon is one biggest factor being considered by the bank in forecasting…
Domestic banknote paper line in Madhya Pradesh

Domestic banknote paper line in Madhya Pradesh

Bhopal, Jun 2 (KNN) The Minister of Finance, Corporate Affairs and Information and Broadcasting Arun Jaitley on Saturday inaugurated the new banknote paper…
Indian economy grows at 7.3 % in 2014-15, improvement in manufacturing, construction

Indian economy grows at 7.3 % in…

New Delhi, May 30 (KNN) The Indian economy shown growth at 7.3 per cent in 2014-15 mainly due to the improvement in the sectors such as manufacturing, construction,…
SBI loans can be applied online now

SBI loans can be applied online now

New Delhi, May 29 (KNN) The State Bank of India (SBI) today launched Online Customer Acquisition Solution (OCAS), an online platform to apply for home loans,…
Technological capabilities of large no. of players in SME sector are limited: Geete

Technological capabilities of large no. of players…

Ahmedabad, May 29 (KNN) Urging the industry to make use of the Capital Goods Scheme, Union Minister for Heavy Industries & Public Enterprises Anant Geete…
RBI releases Draft Guidelines on Net Stable Funding Ratio for Banks

RBI releases Draft Guidelines on Net Stable…

Mumbai, May 29 (KNN) The Reserve Bank of India (RBI) on Thursday released the draft guidelines on the net stable funding ratio (NSFR) under Basel III framework…