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Finance/Fintech

ICICI Bank allows Indian exporters to settle transaction in INR through Rupee Vostro Account

ICICI Bank allows Indian exporters to settle…

Mumbai, Apr 27 (KNN) ICICI Bank on Thursday announced that it offers Rupee Vostro Account to enable Indian exporters and importers…

India’s microfinance industry to grow 25% in FY24: CareEdge

India’s microfinance industry to grow 25% in…

New Delhi, Apr 27 (KNN) In the current financial year the microfinance industry (MFI) of India is expected to continue with…

Draft RBI Guidelines on Penal Charges - a right step: KNN Analysis

Draft RBI Guidelines on Penal Charges -…

New Delhi, Apr 26 (KNN) Reserve Bank of India (RBI) has recently issued  draft guidelines on Penal Charges in Loan…

MoS Finance urges banks to reduce waiting period for loan disbursement

MoS Finance urges banks to reduce waiting…

Satara, Apr 25 (KNN) Union Minister of State for Finance Bhagwat Karad on Monday urged banks to reduce the waiting period for…

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…

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