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Economy

RBI allows companies to avail trade credit for capital goods import

RBI allows companies to avail trade credit…

Mumbai, Sept 25 (KNN)  The Reserve Bank of India (RBI) has relaxed the norms to raise funds from abroad and said that all types of companies can now avail…
Indian Bank operationalizes 73 SME branches

Indian Bank operationalizes 73 SME branches

New Delhi, Sep 24 (KNN) The Indian Bank has operationalized 73 special small and medium enterprise (SME) branches across various zones for enhancing the portfolio…
TRAI against use of unregistered telecallers by leading banks; gives disconnection warning

TRAI against use of unregistered telecallers by…

New Delhi, September 24 (KNN) The Telecom Regulatory Authority of India (TRAI) has warned leading banks and financial institutions against use of unregistered…
IICA, BSE to develop India's first CSR Index

IICA, BSE to develop India's first CSR…

Mumbai, Sept 22 (KNN)  Indian Institution of Corporate Affairs (IICA) and Bombay Stock Exchange (BSE) Limited today signed a memorandum of understanding…
15 Indian and Chinese companies sign MoUs worth USD 338 million; SMEs also amongst them

15 Indian and Chinese companies sign MoUs…

New Delhi, Sept 23 (KNN)  Companies from India and China, including small and medium enterprises (SMEs) today signed 15 MoUs in different sectors involving…
RBI appoints committee on credit to small businesses; Vikram Pandit on panel

RBI appoints committee on credit to small…

Mumbai, Sept 23 (KNN)  The Reserve Bank of India (RBI) today announced the appointment of a committee which will frame a clear vision for improving comprehensive…
Govt clarifies gold re-export norms

Govt clarifies gold re-export norms

New Delhi, Sept 21 (KNN)  Clarifying the gold import norms, the Ministry of Commerce has said that at least 20 per cent of the imported metal could be…
Rajan surprises; raises benchmark interest - industry upset

Rajan surprises; raises benchmark interest - industry…

Mumbai, Sept 20 (KNN) Against the backdrop of high expectations from new Governor Raghuram Rajan, the Reserve Bank of India  today raised the policy interest…
RBI asks banks to open more MSE branches

RBI asks banks to open more MSE…

Mumbai, Sept 19 (KNN) The Reserve Bank of India (RBI) has advised banks to improve credit flow to micro, small and medium Enterprises (MSMEs) with focus on…
MSMEs seek special RBI window for low interest rates

MSMEs seek special RBI window for low…

New Delhi, Sept 18 (KNN)  Ahead of the credit policy review, micro, small and medium enterprises have asked the Reserve Bank of India (RBI) to provide…

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