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Economy

RBI may again disappoint MSMEs tomorrow

RBI may again disappoint MSMEs tomorrow

New Delhi, Oct 28 (KNN)  The Reserve Bank of India will be reviewing the credit policy tomorrow amidst dim chances of cut in interest rates.  On…
SMEs more vulnerable than others, says Chanda Kochhar

SMEs more vulnerable than others, says Chanda…

Mumbai, Oct 26 (KNN) Small and medium sized companies are facing more vulnerability in terms of quality of assets in the backdrop of economic slowdown, ICICI…
Red sandalwood export relaxed somewhat

Red sandalwood export relaxed somewhat

New Delhi, Oct 25 (KNN) The government has relaxed prohibition on export of Red Sanders (a variety of sandalwood) in log form for export of 9784.1363…
RBI appoints advisory group to establish bill payment system

RBI appoints advisory group to establish bill…

New Delhi, Oct 24 (KNN)  Individuals and households may soon be able to make on-line payments of all their bills and make remittances electronically.
Settle export rebate claims in 30 days; excise/customs told

Settle export rebate claims in 30 days;…

New Delhi, Oct 24 (KNN)  India's Central Board of Excise and Customs has asked commissioners of both excise and customs to ensure that the claims…
Noida/G Noida may host first IKEA store; small furniture makers to gain

Noida/G Noida may host first IKEA store;…

New Delhi, Oct 24 (KNN)   Noida and Greater Noida in the National Capital Region are on the priority list of  Swedish furniture retailer IKEA…
YES Bank & Brickwork Ratings to train SMEs about rating and funding avenues

YES Bank & Brickwork Ratings to train…

Bengaluru, Oct 24 (KNN)  Private sector bank YES Bank and SEBI registered credit rating agency – Brickwork Ratings have entered into an agreement…
Canara Bank partners with CII to facilitate credit access to MSMEs

Canara Bank partners with CII to facilitate…

Chandigarh, Oct 24 (KNN)  The Canara Bank today signed a Memorandum of Understanding (MOU) with industry body Confederation of Indian Industry (CII) to…
RBI receives most complaints about ATM / Debit / Credit cards

RBI receives most complaints about ATM /…

New Delhi, Oct 23 (KNN)  Banking Ombudsman offices of the Reserve Bank of India receive the most number of complaints relating to ATM / Debit and Credit…
Chidambaram asks banks to fund MSMEs adequately

Chidambaram asks banks to fund MSMEs adequately

New Delhi, Oct 22 (KNN)  Finance Minister P Chidambaram today asked public sector banks to adequately meet credit requirements of the…