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Economy

Low risk biz go for finance from markets, banks left with lending to risky infra, SMEs: Rajan

Low risk biz go for finance from…

New Delhi, May 21 (KNN)  Public sector banks are, if anything, in a worse position than private sector banks, which is why the second bargain is also…
RBI simplifies documentation for NBFCs

RBI simplifies documentation for NBFCs

Mumbai, May 20 (KNN) The Reserve Bank of India has simplified the documentation for Non-Banking Financial Companies (NBFCs) as there will be a common application…
India continues to lag behind in ease of doing business

India continues to lag behind in ease…

New Delhi, May 20 (KNN) India continues to lag behind in the World Bank’s ranking on the ease of ‘Doing Business’ for 2014, said a survey…
Trading on BSE SME comes to naught

Trading on BSE SME comes to naught

Mumbai, May 20 (KNN) The trading on BSE SME platform has come to naught for the past two days as is being shown on the website of the platform.

Industry body suggests tax rebate for SMEs, new labour laws

Industry body suggests tax rebate for SMEs,…

New Delhi, May 20 (KNN) Introduce rebated income tax for small start-up businesses, in essence individually owned, said an industry body in its 12 point agenda…
Bank deposits grow 14.8%, credit by 13.8% (YoY): RBI

Bank deposits grow 14.8%, credit by 13.8%…

Mumbai, May 19 (KNN) Bank deposits grew 14.8 per cent year on year (YoY) to Rs 78,88,416 crore as of May-2, whereas the bank credit grew at 13.8 per cent YoY…
Bharatiya Mahila Bank plans to reach out to 16 other cities

Bharatiya Mahila Bank plans to reach out…

New Delhi, May 19 (KNN) In a move which will increase financial inclusion, Bharatiya Mahila Bank (BMB), the first all-woman bank in the country, is planning…
SPS Finquest to raise Rs 25.08 crore on BSE SME platform

SPS Finquest to raise Rs 25.08 crore…

Mumbai, May 17 (KNN)  Non-banking Finance Company, SPS Finquest has come out with  an initial public offering (IPO) of 33,44,000 equity shares of…
Put manufacturing back on track to sustain export & economy, industry tells new govt

Put manufacturing back on track to sustain…

New Delhi, May 17 (KNN)  Even as industry bodies welcome the landslide victory of the BJP, they have high expectations from the new government which they…
More gainers on BSE SME platform

More gainers on BSE SME platform

Mumbai, May 16 (KNN) The BSE SME platform which reached market capitalisation of Rs 6,630.44 crore in trading today has listed sixteen companies as gainers…