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Economy

RBI authorises four non-bank entities to set up White Label ATMs

RBI authorises four non-bank entities to set…

Mumbai, Feb 7 (KNN) With the view to deploy more ATMs in the semi-urban and rural areas of the country, the Reserve Bank of India (RBI) has issued 'certificate…
Yes Bank to significantly raise SME portfolio

Yes Bank to significantly raise SME portfolio

Mumbai, Feb 6 (KNN)  Leading private sector lender, Yes Bank is working on a plan to increase its SME portfolio, taking share of the business to small…
AP SMEs lament the absence of exit policy; make desperate SOS call to banks

AP SMEs lament the absence of exit…

Hyderabad, Feb 6 (KNN)  Issuing an SOS call, the Federation of small and medium enterprises of Andhra Pradesh (FSME-AP) has sent a memorandum to the Andhra…
RBI introduces new Export Data Processing and Monitoring System for forex dealers

RBI introduces new Export Data Processing and…

Mumbai, Feb 5 (KNN) With a view to simplifing the procedure for filling various returns and for better monitoring, the Reserve Bank of India (RBI) has developed…
RBI relaxes third party import export payment

RBI relaxes third party import export payment

Mumbai, Feb 4 (KNN) The Reserve Bank of India (RBI) today relaxed rules governing third party payments for export and import transactions through authorized…
Govt rolls out Rs 1400 cr loan subsidy for rural women self-help groups

Govt rolls out Rs 1400 cr loan…

New Delhi, Feb 4 (KNN) Rolling out the Rs 1,400 crore interest subvention on loans taken by SHGs, the government has announced that it would provide loans…
Kejriwal simplifies VAT procedure for Delhi traders

Kejriwal simplifies VAT procedure for Delhi traders

New Delhi, Feb 3 (KNN)  With elections round the corner, Arvind Kejriwal has made a number of important announcements, including simplification of VAT…
New tariff value for brass scrap, amongst others

New tariff value for brass scrap, amongst…

New Delhi, Feb 3 (KNN) The government today announced new tariff value for global trade in a host of items including brass scrap, crude palm oil, gold and…
Retail inflation for industrial workers eases to 9.13%

Retail inflation for industrial workers eases to…

New Delhi, Feb 1 (KNN)  Though the retail inflation for industrial workers has eased to 9.13 per cent in December compared to 11.47 per cent in November…
RBI ombudsman asks banks not to levy pre-payment penalty on loans

RBI ombudsman asks banks not to levy…

Mumbai, Feb 1 (KNN)  Reserve Bank of India's (RBI) banking ombudsman has recommended banks to discontinue pre-payment penalty on home and auto…

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