Empowering MSMEs with News & Insights

Finance/Fintech

RBI issues draft guidelines to regulate penal charges on loans

RBI issues draft guidelines to regulate penal…

Mumbai, Apr 19 (KNN) The Reserve Bank of India (RBI) has recently issued a proposed draft for regulated entities to ensure…

Indian banks unaffected from Western banking crisis: RBI Governor

Indian banks unaffected from Western banking crisis:…

New Delhi, Apr 15 (KNN) The recent turbulence in the banking system in some developed economies has no impact on the Indian…

Sub-registrars to collect PAN for transaction above Rs 1 lakh; notify Income Tax if property value exceeds Rs 30 lakh

Sub-registrars to collect PAN for transaction above…

Hyderabad, Apr 11 (KNN) Sub-registrars are statutorily obligated to report immovable property transactions exceeding Rs 30…

RBI allows India-Malaysia rupee trade

RBI allows India-Malaysia rupee trade

New Delhi, Apr 4 (KNN) The Reserve Bank of India (RBI) has approved the Indian rupee trade settlement between India and…

GST collection likely to cross Rs 18 lakh crore this financial year

GST collection likely to cross Rs 18…

New Delhi, Mar 31 (KNN) India’s Goods and Services Tax (GST) collection is expected to cross Rs 18 lakh crore…

RBI to hold first Monetary Policy Committee for FY24 from April 3-6

RBI to hold first Monetary Policy Committee…

Mumbai, Mar 31 (KNN) The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) would decide whether it will hike…

India finalising rupee-based trade deal with several nations: Union Minister Piyush Goyal

India finalising rupee-based trade deal with several…

New Delhi, Mar 14 (KNN) Union Minister for Commerce and Industry Piyush Goyal on Monday said that India is in an advanced stage…

Exports from India to touch $770 bn in current financial year: Union Minister Anupriya Patel

Exports from India to touch $770 bn…

New Delhi, Mar 10 (KNN) Exports from India will reach USD 760-770 billion in the current financial year, said Union…

RBI to promote digital payments across 75 villages with help from local entrepreneurs, merchants

RBI to promote digital payments across 75…

Mumbai, Mar 7 (KNN) Reserve Bank of India (RBI) on Monday announced that it will initiate a 75 Digital Villages programme to…

Bank of Baroda slashes MSME interest rates to 8.40% till Mar 31

Bank of Baroda slashes MSME interest rates…

Mumbai, Mar 6 (KNN) Bank of Baroda (BoB) on Sunday announced that it has reduced interest rates on MSME loans to 8.40 per cent…