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Economy

India's first all-women bank inaugurated today in Mumbai

India's first all-women bank inaugurated today in…

Mumbai, Nov 19 (KNN) India's first branch of all women Bharatiya Mahila Bank was inaugurated here today by the Prime Minister Manmohan Singh.
RBI to provide Rs 5000 cr refinance to MSEs through SIDBI

RBI to provide Rs 5000 cr refinance…

Mumbai, Nov 19 (KNN) To ease the liquidity pressure faced by micro and small enterprises (MSEs), the Reserve Bank of India (RBI) has decided to refinance an amount of Rs 5,000…
Ten firms gained on BSE SME today

Ten firms gained on BSE SME today

New Delhi, Nov 18 (KNN) Out of 41 companies listed on BSE SME Exchange, 24 companies traded today with 10 companies notching up gains.

The market…
RBI asks tax payers to pay IT dues in advance at RBI or at authorised bank branches

RBI asks tax payers to pay IT…

Mumbai, Nov 18 (KNN) In order to avoid inconvenience caused by last minute rush for paying taxes, the Reserve Bank of India (RBI) has asked income tax payers…
RBI likely to put in place measures to tackle bad loans soon

RBI likely to put in place measures…

Mumbai, Nov 16 (KNN)  RBI Governor, Raghuram Rajan has said that  the banking system should recognise financial stress in the industry at an early…
Tendency to brandish bank failures as frauds: RBI Dy Governor

Tendency to brandish bank failures as frauds:…

Mumbai, Nov 15 (KNN) There is a tendency on the part of sanctioning authorities in…

Inflation incapacitates industry to pass on cost to consumers

Inflation incapacitates industry to pass on cost…

New Delhi, Nov 14 (KNN)  With a huge difference between the inflation of primary articles and that of manufactured items, it is evident that the industry…
Hyderabad Bank to provide additional support to small industries

Hyderabad Bank to provide additional support to…

Hyderabad, Nov 14 (KNN)  The State Bank of Hyderabad (SBH) is planning to provide  additional support to micro small and medium enterprises (MSMEs)…
Custom clearance time to come down with new risk management system

Custom clearance time to come down with…

New Delhi, Nov 14 (KNN) In order to cut down on time taken for custom clearance of export consignments from a few days to just a few hours, the government…
Heavy congestion at Nhava Sheva ports; export shipments crippled

Heavy congestion at Nhava Sheva ports; export…

Mumbai, Nov 12 (KNN)  Just when India's exports are showing a much-needed turnaround, shipments at Nhava Sheva port terminals remain crippled as operators…