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Economy

Banks should display information on interest rates, fees & charges:  RBI

Banks should display information on interest rates,…

Mumbai, Jan 23 (KNN)  In order to promote transparency in operations and pricing of credit, the Reserve Bank of India (RBI) has  asked banks to display…
Proven track record a must for ODIs by proprietorship firms, says RBI

Proven track record a must for ODIs…

Mumbai, Jan 23 (KNN)  Reserve Bank of India (RBI) which has reviewed the policy framework for Overseas Direct Investments (ODI) by proprietorship concerns…
Series of national conferences on GST

Series of national conferences on GST

New Delhi, Jan 22 (KNN)  To provide an update on the progress of the proposed GST structure and its implication on various stake holders, ASSOCHAM is…
Union Budget 2015-16 to be presented on Feb-28

Union Budget 2015-16 to be presented on…

New Delhi, Jan 21 (KNN)  Finance Minister Arun Jaitley will present the Union Budget 2015-16 on February-28.  This will be preceded by the Railway…
Additional guidelines for interest rates on advances

Additional guidelines for interest rates on advances

Mumbai, Jan 20 (KNN)  Reserve Bank of India today said that the spread charged to an existing borrower should not be increased except on account of deterioration…
RBI issues guidelines for flexible structuring of long term loans to infra & core industries

RBI issues guidelines for flexible structuring of…

Mumbai, Jan 20 (KNN)  Reserve Bank of India has issued guidelines to banks for flexible structuring and refinancing of fresh term loans to long term project…
Move towards national common market, improving supply chain

Move towards national common market, improving supply…

New Delhi, Jan 17 (KNN)  Union Finance Minister, Arun Jaitley has said that the government’s aim is to move towards National Common Market…
Development has to result in jobs; reforms must have concrete objective: PM

Development has to result in jobs; reforms…

New Delhi, Jan 17 (KNN)  Prime Minister Narendra Modi who addressed the Economic Times Global Business Summit on various subjects such as economy,…
RBI cuts repo rate by 25 basis points to 7.75% with immediate effect

RBI cuts repo rate by 25 basis…

Mumbai, Jan 15 (KNN)  Reserve Bank Governor, Raghuram Rajan today cut the repo rate or the lending rate under the liquidity adjustment facility (LAF)…
More losers than gainers on BSE SME

More losers than gainers on BSE SME

Mumbai, Jan 14 (KNN)  There were as many as 20 losers compared to six gainers on the BSE SME platform today while three remained unchanged.  Market…