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Finance/Fintech

DBS, Infor Nexus Join Forces To Offer SMEs Pre-shipment Credit

DBS, Infor Nexus Join Forces To Offer…

Mumbai, Aug 19 (KNN) Infor Nexus™ and DBS Bank have jointly launched a pre-shipment financing solution for small and…

RBI MPC Retains Repo Rate At 6.5%

RBI MPC Retains Repo Rate At 6.5%

New Delhi, Aug 10 (KNN) Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday announced Monetary Policy Committee’s…

Online Gaming Stakeholders Warn Potential Layoffs Due To 28% GST

Online Gaming Stakeholders Warn Potential Layoffs Due…

New Delhi, Aug 5 (KNN) The stakeholders of the online gaming industry said there is a probability of layoffs and hiring…

PNB, Bank of Maharashtra Lead In Collateral-Free MSME Loans In FY23

PNB, Bank of Maharashtra Lead In Collateral-Free…

New Delhi, Aug 4 (KNN) Among the top public sector banks (PSBs), Punjab National Bank (PNB), Bank of Maharashtra and Union…

RBI Likely To Maintain Status Quo On Policy Rate Despite Rising Inflation: Experts

RBI Likely To Maintain Status Quo On…

Mumbai, Aug 4 (KNN) The Reserve Bank of India (RBI) may keep the policy rate unchanged in the monetary policy review next week…

Ministry of Finance Seeks Review of Conditional Exemptions and Customs Duty on Imported Steel or Mining Items

Ministry of Finance Seeks Review of Conditional…

New Delhi, Aug 2 (KNN) The Ministry of Finance has asked the Ministry of Steel and the Ministry of Mines to submit a list…

IGST Refund Restriction For Export Of Pan masala, Tobacco, Mentha Oil From Oct 1

IGST Refund Restriction For Export Of Pan…

New Delhi, Aug 2 (KNN) Companies engaged in manufacturing pan masala, gutkha, chewing tobacco and mentha oil will…

Demand in services and retail kept credit offtake robust in June: RBI

Demand in services and retail kept credit…

New Delhi, Aug 1 (KNN) The pace of credit offtake continued to be robust in June 2023, with sectors clocking year-on year…

E-invoicing becomes mandatory for businesses with aggregate turnover of Rs 5 cr from Aug 1

E-invoicing becomes mandatory for businesses with aggregate…

New Delhi, July 29 (KNN) E-invoicing under the Goods and Services Tax (GST) will be a compulsory option for businesses…

Star marked series of notes legal tender, RBI clarifies

Star marked series of notes legal tender,…

Mumbai, July 28 (KNN) The Reserve Bank of India (RBI) on Thursday clarified that banknotes with a Star (*) symbol present…