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Economy

Sharing of foreign exchange data will ensure transparency, ease of doing business

Sharing of foreign exchange data will ensure…

New Delhi, Jan 9 (KNN)  With a view to ensuring effective sharing of foreign exchange data in a transparent manner and at the same time improving the…
RBI allows NBFCs to lend more against gold

RBI allows NBFCs to lend more against…

New Delhi, Jan 9 (KNN) The Reserve Bank of India (RBI) has allowed Non-Banking Financial Companies (NBFCs) to lend up to 75 per cent of the value of gold jewellery…
DIPP seeks views on FDI in e-commerce

DIPP seeks views on FDI in e-commerce

New Delhi, Jan 8 (KNN)  The Department of Industrial Policy and Promotion has released a paper highlighting the advantages and disadvantages of foreign…
RBI committee suggests 'Payment Banks' for SMEs

RBI committee suggests 'Payment Banks' for SMEs

Mumbai, Jan 8 (KNN) In order to redress the imbalance and issues of risks costs for providing better access to financial services to small businesses and low…
Fin Min against easing gold imports

Fin Min against easing gold imports

New Delhi, Jan 7 (KNN) Amidst the Commerce Ministry supporting the jewellers demand for lifting off import curbs on gold, the Finance Ministry does not seem…
SEBI looking to safeguard interest of small investors

SEBI looking to safeguard interest of small…

Jaipur, Jan 6 (KNN)  The Securities and Exchange Board of India has opened 16 offices in India with an aim to educate and protect investors, especially…
Direct tax collection up 12.33% in April-December at Rs 4,81,914 cr

Direct tax collection up 12.33% in April-December…

New Delhi, Jan 6 (KNN) Gross direct tax collections during April-December of the financial year 2013-14 is up by 12.33 per cent at Rs 4,81,914 crore as against…
Canara Bank to cross priority sector lending by December

Canara Bank to cross priority sector lending…

New Delhi, Jan 6 (KNN) The public sector lender Canara Bank is putting a lot of focus on the MSMEs and its priority sector advances are expected to cross 40…
Bank of Maharashtra to increase advances to MSME

Bank of Maharashtra to increase advances to…

Bangalore, Jan 6 (KNN) The Bank of Maharashtra has set a target of extending 20 per cent of its advances to the MSME sector in the next fiscal (2014-15), its…
SBI early warning signals for bad loans

SBI early warning signals for bad loans

Mumbai, Jan 4 (KNN) Faced with a huge problem of bad loans, the state bank of India would be installing an intelligent software, which will give it early signals…