Empowering MSMEs with News & Insights

Economy

RBI imposes penalty on Mumbai District Central Co-operative Bank for violating KYC norm

RBI imposes penalty on Mumbai District Central…

Mumbai, Jan 4 (KNN) The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 lakh on Mumbai District Central Co-operative bank Ltd, Mumbai, Maharashtra,…

MSMEs happy with increase in credit limit, but say cost of lending still too high

MSMEs happy with increase in credit limit,…

New Delhi, Jan 3 (KNN) The Micro, Small and Medium Enterprises (MSME) across the country are feeling a little relieved after Prime Minister Narendra Modi…

GST Council to hold its eighth meeting today; representatives from crucial sectors to make presentations

GST Council to hold its eighth meeting…

New Delhi, Jan 3 (KNN) The Goods and Services Tax (GST) Council will meet in the national capital today during which representatives of crucial sectors…

Credit Guarantee for MSMEs increased to Rs 2 cr; applicable for NBFC loans also

Credit Guarantee for MSMEs increased to Rs…

New Delhi, Jan 2 (KNN) The credit guarantee for micro, small and medium enterprises (MSME) has been increased from rupees one crore to rupees two crores.

Rs 77,916.5 cr disbursed under Mudra till Dec 9, 2016

Rs 77,916.5 cr disbursed under Mudra till…

New Delhi, Jan 2 (KNN) Till December 9, 2016, Rs 77,916.54 crore has been disbursed to as many as 2.12 crore borrowers under Pradhan Mantri Mudra Yojana…

Daily withdrawal limit from ATMs increased to Rs 4500 per day

Daily withdrawal limit from ATMs increased to…

Mumbai, Dec 31 (KNN) The daily limit of withdrawal from ATMs has been increased from Rs 2500 per day to Rs 4500 per day per card.

“On a review…

RBI advises banks to allow additional working capital to MSEs but are the Banks listening?

RBI advises banks to allow additional working…

New Delhi, Dec 30 (KNN) Modi Government is pulling all stops to make life easier for business while implementing ‘Notebandi’.

By a recent…

SIDBI launches ‘Udyami Mitra’ portal to improve accessibility of credit for MSMEs

SIDBI launches ‘Udyami Mitra’ portal to improve…

New Delhi, Dec 29 (KNN) The Small Industries Development Bank of India (SIDBI) has launched ‘Udyami Mitra’ portal (

PM attends NITI Aayog’s interaction with economists on “Economic Policy – The Road Ahead”

PM attends NITI Aayog’s interaction with economists…

New Delhi, Dec 28 (KNN) Prime Minister Narendra Modi attended an interactive session with economists and other experts, organized by NITI Aayog, on the…

Nobody should think that tax evasion is acceptable: Jaitley

Nobody should think that tax evasion is…

New Delhi, Dec 27 (KNN) Union Finance Minister Arun Jaitley on Monday stressed on the need for moving towards a mindset of voluntary compliance and considering…

SUBSCRIBE TO OUR MAILING LIST

Get the latest updates from KNN

Your e-mail will be secure with us. We will not share your information with anyone !