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Economy

Increase in credit deployment to MSME sector in North Karnataka by KVG Bank

Increase in credit deployment to MSME sector…

Bangalore, May 9 (KNN) Showing signs of improved credit deployment in  the MSME sector in the region, Karnataka Vikas Grameena Bank (KVG Bank), a regional…
New govt should boost growth, create employment opportunities

New govt should boost growth, create employment…

Mumbai, May 9 (KNN)  Considering the ongoing economic slowdown and high inflation which is adversely impacting employment, the next government should…
RuPay will reduce the dependence on cash & cheque modes of settlement

RuPay will reduce the dependence on cash…

New Delhi, May 8 (KNN)  An indigenous system like RuPay will not only reduce the dependence on cash and cheque modes of settlement but will also make…
Taxmen take it too far; want to tax foreign nationals for income earned in their own countries

Taxmen take it too far; want to…

New Delhi, May 8 (KNN)  Taking it too far, the Indian taxmen want to subject foreign nationals, earning their commission from Indian exporters in their…
Maharashtra Bank ATMs may be out of service

Maharashtra Bank ATMs may be out of…

Mumbai, May 8 (KNN) The Bank of Maharashtra ATMs (Automatic Teller Machines) are likely to be out of service between May-8 and May-10 due to ongoing upgradation.
Less than one fifth of listed companies trading on BSE SME today

Less than one fifth of listed companies…

Mumbai, May 7 (KNN) In sync with the overall declining markets, the number of declines was more than double the number of advances in trading on the BSE SME…
Pranab Mukherjee to dedicate 'RuPay' to the nation tomorrow

Pranab Mukherjee to dedicate 'RuPay' to the…

New Delhi, May 7 (KNN) India’s own card payment network, RuPay, which is acceptable at all ATMs, 95 per cent of the Point of Sale terminals and most…
Borrowers will not be fined on pre-payment penalties on all floating rate term loans

Borrowers will not be fined on pre-payment…

Mumbai, May 7 (KNN) Banks will not be permitted to charge for foreclosure or pre-payment penalties on all floating rate term loans sanctioned to individual…
Minors above 10 yrs now allowed to open, operate SB accounts independently

Minors above 10 yrs now allowed to…

Mumbai, May 7 (KNN) Minors above 10 years of age will now be allowed to open and operate independently savings bank accounts, and the banks are free to offer…
No fine for non-maintenance of minimum balances in inoperative accounts: RBI

No fine for non-maintenance of minimum balances…

Mumbai, May 7 (KNN) The Reserve Bank of India (RBI) has said that customers will not be fined for not maintaining a minimum balance in their bank accounts…

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