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Economy

Banks must have CCTV coverage for cash operations at currency chests: RBI

Banks must have CCTV coverage for cash…

Mumbai, May 24 (KNN) The Reserve Bank of India has asked banks to follow its instructions on CCTV coverage of all cash-handling operations in currency chests,…
IDBI to give loans to MSMEs at 1% lower interest rates

IDBI to give loans to MSMEs at…

New Delhi, May 24 (KNN) IDBI Bank has entered into an agreement with industry body, Federation of Indian Chambers of Commerce and Industry (FICCI), under which…
Rs 5 cr income tax demand towards corporate sector pending: IT Settlement Commission

Rs 5 cr income tax demand towards…

New Delhi, May 23 (KNN) About Rs 5 lakh crore income tax demand of the government towards the corporate sector is pending in various tax disputes, said Income…
Market cap of BSE SME reaches Rs 6,842 cr

Market cap of BSE SME reaches Rs…

Mumbai, May 23 (KNN) Almost after a month, the market capitalization of BSE SME has again crossed the Rs 6,800 crore mark, and reached at Rs 6,842.07crore…
RBI devises customer service norms for MSMEs; hints at firm customer protection norms

RBI devises customer service norms for MSMEs;…

Mumbai, May 23 (KNN)  BCSBI, the board under the RBI for laying down clear norms for customer services in the banks, has developed a separate set of standards…
Bank unions to hold nationwide demonstration against Nayak report

Bank unions to hold nationwide demonstration against…

Chennai, May 23 (KNN) Various bank employees’ associations are holding a nationwide demonstration today, against recommendations of the P J Nayak Committee…
DIPP Secy bats for foreign investment in e-commerce

DIPP Secy bats for foreign investment in…

New Delhi, May 23 (KNN) Days before the Modi government of the BJP led NDA gets sworn in, Secretary, Department of Industrial Policy and Promotion (DIPP),…
EPFO hastens pension claim settlement

EPFO hastens pension claim settlement

New Delhi, May 22 (KNN) Retirement fund body,  Employees' Provident Fund Organisation's (EPFO) has asked its field offices for faster settlement…
BSE SME trades in green; more gainers on the platform today

BSE SME trades in green; more gainers…

Mumbai, May 22 (KNN) In line with the Bombay Stock Exchange, the SME platform of BSE has also closed with 16.05 points up. The market capitalization of BSE…
FDI inflows increases 8% YoY to USD 24.3 bn in FY 13-14

FDI inflows increases 8% YoY to USD…

New Delhi, May 22 (KNN) The foreign direct investment (FDI) into India grew 8 per cent year-on-year to USD 24.3 billion in 2013-14, according to the Department…

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