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Bandhan raises Rs 1,020 crore from GIC, SIDBI, IFC; awaits final licence from RBI

Bandhan raises Rs 1,020 crore from GIC,…

New Delhi, May 11 (KNN) Micro finance institution (MFI) Bandhan has received Rs 1,020 crore as equity from IFC, SIDBI and GIC Sovereign Fund of Singapore.
GST Meet: Empowered Committee wants to review GST in other countries

GST Meet: Empowered Committee wants to review…

Thiruvananthapuram, May 9 (KNN) The empowered committee of state finance ministers on GST will approach the Centre to depute the committee members to visit…
India's mfg and services grew at faster pace than China in April: HSBC

India's mfg and services grew at faster…

New Delhi, May 8 (KNN) India’s manufacturing as well as service sector expanded at a faster pace last month than that of China, even as economic growth…
RBI issues framework to check loan frauds

RBI issues framework to check loan frauds

Mumbai, May 8 (KNN) Concerned over the increased incidents of loan frauds, Reserve Bank of India (RBI) has issued a framework for banks to help them in the…
Goods & Services Tax will add to the GDP: India Inc

Goods & Services Tax will add to…

New Delhi, May 7 (KNN) The industry bodies have hailed the passage of long awaited Goods and Services Tax (Bill) hoping that the GST will positively add to…
Lok Sabha approves GST Bill

Lok Sabha approves GST Bill

New Delhi, May 6 (KNN) The Constitutional Amendment Bill for introduction of Goods and Services Tax a (GST) cleared first hurdle on Wednesday when Lok Sabha…
India needs Retail Trade Policy

India needs Retail Trade Policy

New Delhi, April 24 (KNN) While the Retail trade in India has reached an annual turnover of $560 billion, it is still governed under the Shop and Establishment…
RBI plans interoperability among bank business correspondents

RBI plans interoperability among bank business correspondents

Mumbai, Apr 22 (KNN) The Reserve Bank is likely to allow business correspondents of one bank to offer payment services to other lenders for better efficiency…
Roll out of GST from 1st April, 2016

Roll out of GST from 1st April,…

New Delhi, April 22 (KNN) Finance Minister Arun Jaitley today said that he is optimistic about introduction of GST, which will create a nationwide unified…
Three States ask for Rs. 10000 Crore as Relief to crop damage

Three States ask for Rs. 10000 Crore…

New Delhi, April 21 (KNN) Uttar Pradesh, Maharashtra and Haryana have sought a total of over Rs 10,100 crore from the National Disaster Response Fund to provide…

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