There have been several media reports alluding to steep increase in service charges by certain Public Sector Banks (PSBs). In this context, the factual position is as follows:
Basic Savings Bank Deposit (BSBD) accounts including Jan Dhan accounts -...
In line with Government of India's top focus on energising MSMEs in the country, a special meeting of Cabinet Committee on Economic Affairs (CCEA) was convened under the Chairmanship of Prime Minister Shri Narendra Modi, here today, which approved...
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired the 22nd Meeting of the Financial Stability and Development Council (FSDC) here today.
The meeting was attended by Minister of State for Finance & Corporate Affairs Shri Anurag Thakur,...
India’s overall exports (Merchandise and Services combined) in April 2020* are estimated to be USD 27.96 billion, exhibiting a negative growth of (-) 36.65per cent over the same period last year. Overall imports in April 2020* are estimated to...
In terms of the Government of India Notification No. F.No.4(4)-B/(W&M)/2020 dated April 13, 2019, Sovereign Gold Bonds 2020-21 (Series II) will be opened for the period May 11-15, 2020 with Settlement date May 19, 2020. The issue price of the...
Last week, the Reserve Bank of India announced a three-month moratorium on all term loans outstanding as on March 1, 2020, as well as on working capital facilities.
The Indian Banks Association has answered a list of Frequently Asked Questions...
Banks are the fundamental source of external finance for SMEs. The importance of SME in personal sectors makes this issue greater thrilling for policymakers, economic institutions, and researchers. The Reserve Bank of India has been issuing a number of...
In modern times, the first preference of the manufacturing industry is to automate all its processes. This requirement modifies the business market, economy and the companies in the manufacturing sector. By fast improvements in machine learning, AI, and Robotics...
Now the banks were allowed on-lending to agriculture as much as Rs 10 lakhs and micro and small businesses as much as Rs 20 lakh and housing up to Rs 20 lakh per borrower to be categorized as priority...
There are some major things are more complex than beginning a business. Launching a new startup is a difficult job, and there is a high possibility of falling into several mistakes when you are beginning a new startup. You...
