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Economy

Guidelines for licensing of small finance banks in the private sector

Guidelines for licensing of small finance banks…

Mumbai, Nov 28 (KNN)  The Reserve Bank of India has released on its website, the guidelines for licensing of small finance banks in the private sector.
RBI eases norms for lending towards infra & affordable housing projects

RBI eases norms for lending towards infra…

Mumbai, Nov 27 (KNN)  The Reserve Bank of India has permitted banks to extend loans to individuals against long-term bonds issued by them for financing…
Need to bring women to mainstream banking: Mahila Bank chief

Need to bring women to mainstream banking:…

New Delhi, Nov 27 (KNN) Chairman and managing director (CMD), Bhartiya Mahila Bank (BMB) Usha Ananthasubramanian said that women entrepreneurs need to have…
New Foreign Trade Policy to address slowdown concerns of exporters

New Foreign Trade Policy to address slowdown…

New Delhi, Nov 26 (KNN)  The ensuing Foreign Trade Policy will address the exporters’ concerns of slowdown in several key markets like European…
Funds raised abroad cannot be used in India unless FEMA rules are followed, says RBI

Funds raised abroad cannot be used in…

Mumbai, Nov 26 (KNN)  The Reserve Bank of India has made it clear that Indian firms raising funds overseas and routing them to India through certain types…
RBI cautions against misuse of cancelled NBFC certificate of registration

RBI cautions against misuse of cancelled NBFC…

Mumbai, Nov 24 (KNN)  The Reserve Bank of India has cautioned individuals about misuse of cancelled NBFC certificates of registration by fraudsters who…
RBI permits ECB proceeds to be parked in term deposits for 6 months

RBI permits ECB proceeds to be parked…

Mumbai, Nov 22 (KNN)  The Reserve Bank of India has said that proceeds of external commercial borrowings (ECBs) can be parked in term deposits with banks…
RBI cautions about fake credit cards in its name

RBI cautions about fake credit cards in…

Mumbai, Nov 22 (KNN)  The Reserve Bank of India has cautioned the public once more about the newest kind of fraud perpetrated in its name- a credit card…
Levy of penal charges on non-maintenance of minimum balance in SB accounts

Levy of penal charges on non-maintenance of…

Mumbai, Nov 21 (KNN)  The Reserve Bank of India has asked banks to give prior notice to its customers about the levy of penal changes on non-maintenance…
Market cap of firms listed on BSE SME inching towards Rs 9,500 crore

Market cap of firms listed on BSE…

Mumbai, Nov 20 (KNN)  Market capitalisation of companies listed on the BSE SME platform inched towards the crucial Rs 9,500 crore mark to settle at Rs…

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