Empowering MSMEs with News & Insights

Economy

Bandhan plans to go for an IPO in 2018; bank to be inaugurated by Prez on Aug 23, 2015

Bandhan plans to go for an IPO…

Kolkata, July 10 (KNN) Kolkata based - Bandhan Bank, plans to go for an IPO in 2018. The bank also unveiled that it is set to start operations in August.
RBI likely to grant payment bank licence to India Post by Sept: Ravi Shankar Prasad

RBI likely to grant payment bank licence…

New Delhi, July 9 (KNN) The Reserve Bank is expected to grant payment bank licence to the postal department by September for operating Post Bank, Communications…
DGFT launches online payment facility for application fees through Credit/ Debit Cards

DGFT launches online payment facility for application…

New Delhi, July 9 (KNN) Taking yet another small but crucial step towards paperless, online functioning in 24x7 environment, Directorate General of Foreign…
IDBI bank signs agreement with Mudra Bank for refinancing loans

IDBI bank signs agreement with Mudra Bank…

New Delhi, July 8 (KNN) IDBI Bank has entered into an agreement with Mudra Bank for refinancing of loans given to small enterprises.

"As…
Steel minister asks Karnataka to expedite the auction process to boost more revenue

Steel minister asks Karnataka to expedite the…

New Delhi, Jul 8 (KNN) Ministry of Steel and Mines Minister Narendra Singh Tomar on Tuesday asked the Karnataka government to expedite the auction process…
Exporters, importers may pay fees using credit/ debit cards from this week

Exporters, importers may pay fees using credit/…

New Delhi, July 7 (KNN) The exporters and importers will soon be allowed to pay their fees and penalties through debit or credit cards from this week, a leading…
Oriental Bank launches new schemes for MSME clients

Oriental Bank launches new schemes for MSME…

New Delhi, Jul 7 (KNN) Oriental Bank of Commerce has recently launched new MSME schemes to help small entrepreneurs with speedy and hassle free financing.
Need of higher capitalization in PSU banks for dealing with NPAs: RBI

Need of higher capitalization in PSU banks…

New Delhi, July 6 (KNN) RBI Deputy Governor R Gandhi today said there is a need of higher capitalization in PSU banks for balance sheet growth and dealing…
Investors' sentiments remain low on SME Exchange on Monday noon

Investors' sentiments remain low on SME Exchange…

Mumbai, July 6 (KNN) The investors’ sentiments remained quite low on the BSE SME bourse on Monday morning as till noon, out of 88 companied listed with…
RBI to allow new kind of NBFCs to help common man

RBI to allow new kind of NBFCs…

Chennai, July 3 (KNN) The Reserve Bank on Thursday said it will allow setting up new kind of NBFC which would act as account aggregator, and also recommended…

SUBSCRIBE TO OUR MAILING LIST

Get the latest updates from KNN

Your e-mail will be secure with us. We will not share your information with anyone !