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Economy

RBI asks banks to beef up information security

RBI asks banks to beef up information…

Mumbai, Jul 2 (KNN) RBI has asked banks to beef up their information security taking advantage of IDRBT (Institute for Development and Research in Banking…
MEP on onion export increased to USD 500 per MT FOB

MEP on onion export increased to USD…

New Delhi, Jul 2 (KNN)  Keeping in view the rising retail and wholesale prices and delayed monsoon, the Inter-Ministerial Committee unanimously decided…
HSBC manufacturing PMI sees fastest pace of growth since Feb

HSBC manufacturing PMI sees fastest pace of…

New Delhi, Jul 1 (KNN) Registering strongest growth in June since February, there has been an increase in the manufacturing output for the eighth successive…
3/4th of SME segment is still waiting to be served: RBI

3/4th of SME segment is still waiting…

Mumbai, Jul 1 (KNN) Banks will discover the importance of the SME segment for profitability and growth and new models to serve SME segment profitably will…
PNB discovers growth at grass root level

PNB discovers growth at grass root level

New Delhi, Jul 1 (KNN) Challenging economic environment has forced the Punjab National Bank (PNB), like several other PSU banks, to focus on earning growth…
ECGC factoring to assure MSME exporters of 100% credit protection

ECGC factoring to assure MSME exporters of…

Mumbai, Jul 1 (KNN) The proposed factoring service by the Export Credit Guarantee Corporation (ECGC) would ensure 100 per cent credit risk protection against…
Dena Bank to strengthen SME processing centres

Dena Bank to strengthen SME processing centres

Mumbai, Jun 30 (KNN)  Dena Bank will be strengthening its retail process hubs and SME processing centres and establish 200 E-lobbies across the country,…
Informal workforce - enterprise response to regulation

Informal workforce - enterprise response to regulation

Mumbai, Jun 30 (KNN) Firms that evade regulation and those avoiding the same tend to employ workers in the informal sector and informality of workforce is…
RBI to work tomorrow to facilitate public transactions

RBI to work tomorrow to facilitate public…

Mumbai, Jun 30 (KNN)  In order to facilitate the settlement of market transactions, as also to aid the transactions of the general public, the Reserve…
RBI asks banks to give monthly data about wilful defaulters

RBI asks banks to give monthly data…

Mumbai, Jun 28 (KNN) The Reserve Bank of India (RBI) has asked the banks to give data about wilful defaulters of Rs 25 lakh and above for the quarter ended…