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Economy

India executives not confident in taking loans from banks: Survey Report

India executives not confident in taking loans…

New Delhi, Oct 18 (KNN)  On account of economic slowdown and uncertainty of jobs, Indian executives and individuals are shying away from taking bank loans…
Govt approves setting up six additional benches of CESTAT

Govt approves setting up six additional benches…

New Delhi, Oct 17 (KNN) Facilitating timely disposal of cases with lesser expense, the government has approved setting up of six additional benches of the…
RBI to launch safe e-banking

RBI to launch safe e-banking

New Delhi, Oct 16 (KNN)  To ensure safe electronic banking for its clients, the Reserve Bank of India has set up a working group to curb cyber fraud and…
Dismal growth seen in credit deployment to micro & small units

Dismal growth seen in credit deployment to…

New Delhi, Oct 15 (KNN)  Reflecting the economic slowdown, the credit deployment by banks into micro and small units for the current financial year has…
RBI to facilitate new online real-time settlement of payments from Oct-19

RBI to facilitate new online real-time settlement…

Mumbai, Oct 14 (KNN) The Reserve Bank of India (RBI) will make the new Real Time Gross Settlement (RTGS) system functional from October-19 to facilitate…
Core manufacturing inflation down even as headline figure up

Core manufacturing inflation down even as headline…

New Delhi, Oct 14 (KNN) While the headline inflation went up by 6.46 per cent in September the price rise of the manufactured products reflect an industrial…
Factory output shows poor growth

Factory output shows poor growth

New Delhi, Oct 11 (KNN)  Under the shadow of economic slowdown, the industrial production showed a dismal performance growing by a meagre 0.6 per cent…
India needs to improve its governance, Chidambaram admits

India needs to improve its governance, Chidambaram…

New Delhi, Oct 11 (KNN)  Union Finance Minister P Chidambaram today told a world gathering that the country needs to improve its governance by having…
SBI double check on loan sanctions adds to cost for SMEs

SBI double check on loan sanctions adds…

New Delhi, Oct 11 (KNN) Adding to the processing cost and leading to delays in sanction of loans to small industrial units, the State Bank of India is insisting…
RBI asks banks to find alternative avenues for distribution of banknotes and coins

RBI asks banks to find alternative avenues…

Mumbai, Oct 10 (KNN)  In furtherance of its decision to find alternative avenues for distribution of banknotes and coins, the Reserve Bank of India (RBI)…