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Towards financial inclusion, RBI strives to penetrate into unbanked areas

Towards financial inclusion, RBI strives to penetrate…

New Delhi, Jan 29 (KNN) Reserve Bank of India (RBI) has made sustained efforts to increase the penetration of formal financial services in unbanked areas,…
Indian Bank recorded 21% growth in MSME portfolio

Indian Bank recorded 21% growth in MSME…

Visakhapatnam, Jan 29 (KNN) Indian Bank has recorded a growth of 21.3 per cent in MSME portfolio, and priority sector advances grew by 12.1 per cent to Rs…
SBI to open 3-5 lakh Point of Sales

SBI to open 3-5 lakh Point of…

Mumbai, Jan 29 (KNN)  As an ambitious initiative to expand banking services, the State Bank of India (SBI) today announced plans to deploy…
Pre-2005 notes to expire on March 31; RBI says it's an attempt to reduce counterfeiting

Pre-2005 notes to expire on March 31;…

Mumbai, Jan 29 (KNN) In an attempt to reduce the possibility of counterfeiting, Reserve Bank Governor Raghuram G Rajan has said that the withdrawal of pre-2005…
India, Zimbabwe to cooperate in food processing, gems & jewellery, skill training

India, Zimbabwe to cooperate in food processing,…

Bengaluru, Jan 28 (KNN)  Meeting his counterpart from Zimbabwe today, the Union Minister of Commerce and Industry, Anand Sharma put forward his views…
Nachiket Committee Report on financial inclusion being examined

Nachiket Committee Report on financial inclusion being…

Mumbai, Jan 28 (KNN) Announcing  an increase in the policy interest rate by 0.25 percentage points, the Reserve Bank of India (RBI) today said that the…
Exim Bank to provide USD 19.50 million credit to Vietnam

Exim Bank to provide USD 19.50 million…

Mumbai, Jan 27 (KNN) Export-Import Bank of India (Exim Bank) has entered into an agreement with the Government of the Socialist Republic of Vietnam, for providing…
Cluster infra to come up in PPP model

Cluster infra to come up in PPP…

Hyderabad,  Jan 27 (KNN) The government  will soon launch a new version  of PURA (Provision of Urban Amenities in Rural Areas) under which the…
CII Partnership Summit begins today

CII Partnership Summit begins today

Bengaluru, Jan 27 (KNN)  Over 1000 delegates from 45 countries are here today to attend the CII Partnership Summit which while highlighting investment…
Bank notes issued prior to 2005 will continue to be legal, clarifies RBI

Bank notes issued prior to 2005 will…

Mumbai, Jan 24 (KNN) Complying with the standard international practice to withdraw old series notes, RBI has decided to withdraw banknotes issued prior to…