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Economy

Banks begin naming-shaming loan defaulters; industry upset

Banks begin naming-shaming loan defaulters; industry upset

New Delhi, May 8 (KNN) In a move which will badly dent image of failed entrepreneurs, the Public sector banks have started publishing their photographs in…
Credit demand among AP SMEs grows 15%: SBI

Credit demand among AP SMEs grows 15%:…

Hyderabad, May 8 (KNN)  The State Bank of India branch in Eluru in Andhra Pradesh has seen a massive growth in credit demand among small and medium enterprises…
RBI recommends electronic bill payment system

RBI recommends electronic bill payment system

New Delhi, May 7 (KNN) Soon payment of taxes and other dues such as insurance premium, school and university fees and examination fees may be easier and safer…
Sebi approves Startup Village Angel Fund

Sebi approves Startup Village Angel Fund

Kochi, May 7 (KNN) In order to boost country's first telecom incubator 'Startup Village,' market regulator Sebi has approved an angel fund of USD…
SBI General Insurance to focus on SMEs

SBI General Insurance to focus on SMEs

New Delhi, May 7, (KNN) After suffering losses in the current year State Bank of India General Insurance is now keen to focus on expanding its retail and small…
SIDBI seeks professionals for entrepreneurship projects

SIDBI seeks professionals for entrepreneurship projects

New Delhi, KNN (May 7)  Small Industries Development Bank of India (SIDBI) has sought the services of engineers and post graduates in management to help…
Treat loans for exporters as priority sector lending: RBI

Treat loans for exporters as priority sector…

Mumbai, May 7 (KNN)  With an aim to boost exports and thereby bring down the current account deficit (CAD), a Reserve Bank of India (RBI) committee has…
Canara Bank opens two SME branches in Delhi

Canara Bank opens two SME branches in…

New Delhi, May 6 (KNN)   To cater to the needs of micro, small and medium industries, Canara Bank has opened two small and medium enterprise (SME)…
Pvt sector shying away from infra projects; PM seeks funding from ADB, others

Pvt sector shying away from infra projects;…

Greater Noida, May 4 (KNN)  The private sector is no longer willing to bet on infrastructure as the projects involve long - term gestation  periods necessitating…
IKEA has to source 30pc from domestic mkt for Indian stores; exports to be counted different

IKEA has to source 30pc from domestic…

New Delhi, May 3 (KNN) Swedish home furnishing and furniture giant IKEA's existing outsourcing from India worth about Rs 2,500 crore for its worldwide…

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