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Economy

PNB discovers growth at grass root level

PNB discovers growth at grass root level

New Delhi, Jul 1 (KNN) Challenging economic environment has forced the Punjab National Bank (PNB), like several other PSU banks, to focus on earning growth…
ECGC factoring to assure MSME exporters of 100% credit protection

ECGC factoring to assure MSME exporters of…

Mumbai, Jul 1 (KNN) The proposed factoring service by the Export Credit Guarantee Corporation (ECGC) would ensure 100 per cent credit risk protection against…
Dena Bank to strengthen SME processing centres

Dena Bank to strengthen SME processing centres

Mumbai, Jun 30 (KNN)  Dena Bank will be strengthening its retail process hubs and SME processing centres and establish 200 E-lobbies across the country,…
Informal workforce - enterprise response to regulation

Informal workforce - enterprise response to regulation

Mumbai, Jun 30 (KNN) Firms that evade regulation and those avoiding the same tend to employ workers in the informal sector and informality of workforce is…
RBI to work tomorrow to facilitate public transactions

RBI to work tomorrow to facilitate public…

Mumbai, Jun 30 (KNN)  In order to facilitate the settlement of market transactions, as also to aid the transactions of the general public, the Reserve…
RBI asks banks to give monthly data about wilful defaulters

RBI asks banks to give monthly data…

Mumbai, Jun 28 (KNN) The Reserve Bank of India (RBI) has asked the banks to give data about wilful defaulters of Rs 25 lakh and above for the quarter ended…
More losers than gainers on BSE SME

More losers than gainers on BSE SME

Mumbai, Jun 27 (KNN)  BSE SME ended with as many as 17 losers and only three gainers while two remained unchanged in trading today, and the market capitalization…
Licensing norms made more contemporary; NIC 2008 to replace earlier standards

Licensing norms made more contemporary; NIC 2008…

New Delhi, Jun 27 (KNN)  The government today said it has changed the industrial classifications bringing them at par with global standards and helping…
RBI to work on July-1 to facilitate public transactions

RBI to work on July-1 to facilitate…

Mumbai, Jun 27 (KNN)  In order to facilitate the settlement of market transactions, as also to aid the transactions of the general public, the Reserve…
Deadline for banks to allot unique customer code extended to Dec-31

Deadline for banks to allot unique customer…

Mumbai, Jun 26 (KNN)  In view of requests received from banks to extend deadline for allotting unique customer identification code (UCIC) to existing…