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Economy

SIDBI-Vijaya Bank sign pact to provide concessional funding to MSEs

SIDBI-Vijaya Bank sign pact to provide concessional…

Bengaluru, Feb 22 (KNN) With the view to provide concessional funding to micro and small enterprises (MSEs), Small Industries Development Bank of India…

No plans to introduce Rs1000 notes; focus is on production and supply of Rs 500 and lower denomination notes: Das

No plans to introduce Rs1000 notes; focus…

New Delhi, Feb 22 (KNN) Rubbishing all the news of new Rs 1000 coming back to the market,  Economic  Affairs Secretary Shaktikanta Das today said…

FISME-SIDBI organizes Roundtable on GST Implications for MSMEs in Ahmedabad

FISME-SIDBI organizes Roundtable on GST Implications for…

Ahmedabad, Feb 21 (KNN) In continuation of their joint efforts towards “Identifying implications of GST and facilitating adoption by MSMEs”,…

Banks should focus separately on ‘micro’ customers from amongst the MSME segment: RBI

Banks should focus separately on ‘micro’ customers…

Mumbai, Feb 21 (KNN) There is a need for the banks for focussing separately on ‘micro’ customers from amongst the MSME segment, said RBI Governor…

"Free Entry" based on tick-box exercise will…

Mumbai, Feb 21 (KNN) Payment service provider is ‘entrusted’ with money, and therefore “fit and proper” criterion is of utmost importance…

Equity shares of Gujarat based SME Oasis Tradelink Ltd migrates to BSE

Equity shares of Gujarat based SME Oasis…

Mumbai, Feb 20 (KNN) The equity shares of Ahmedabad, Gujarat, based Oasis Tradelink Limited will migrate from BSE SME platform to the mainboard BSE.

In a notification,…

Govt has increased cash credit limit for MSMEs to 30% of turnover: Meghwal

Govt has increased cash credit limit for…

Chennai, Feb 18 (KNN) In order to encourage MSMEs conduct business digitally, government has increased the cash credit limit for micro, small and medium…

Canara Bank to have a separate banking window to increase credit flow to MSMEs

Canara Bank to have a separate banking…

Tirupur, Feb 17 (KNN) Canara Bank is planning to open a separate banking window in the district in order to increase financing to the Micro, Small and Medium…

RBI to reimburse MDR charges to banks for payments made through debit cards since Jan 1

RBI to reimburse MDR charges to banks…

Mumbai, Feb 16 (KNN) The Reserve Bank of India will reimburse Merchant Discount Rate (MDR) charges to banks for payments made since 1 January through debit…

BSE SME becomes first SME platform in India receiving 200 draft prospectus

BSE SME becomes first SME platform in…

Mumbai, Feb 16 (KNN) BSE SME has become the first SME Platform in India where 200 companies have filed their prospectus for getting listed as of date.

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