An index has been launched by Crisil a ratings agency. This index will act as a prototype for performance of investments of foreign portfolio investors
Entrepreneurs can apply online for Micro Small Medium Enterprise (MSME) loans up to Rs. 2 crore without visiting their respective bank branches.
The Insolvency and Bankruptcy Board of India (IBBI) appears to be in no mood to review amendments made in the bankruptcy code.
Micro, Small and Medium Enterprise (MSME) Expo 2017 second edition, beginning here from December 15, will act as a common platform to connect Government, PSU, MNCs and International Business communities with Indian Micro and Sal and Medium Enterprises and is expected to generate Rs 50 crore business. The expo is being jointly organized by the … Continue reading “MSME expo in December is plausible to generate Rs. 50 cr Business”
Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) planning to expand business outside the Securities and Exchange Board of India (SEBI’s) purview. The exchanges are seeking approval for the same. The proposal has been sent to the SEBI committee, headed by former Reserve Bank of India Deputy Governor. The approval could concrete way for … Continue reading “BSE, NSE Plan to grow Business outside SEBI’s Domain”
India has moved up one place to the 68th spot on the Global Entrepreneurship Index (GEI) of 2018, which is topped by the US. The list was prepared for 137 countries in the world. US topped the index, India is in 68th position in the Global Entrepreneurship Index. Each country is ranked according to its GEI score to … Continue reading “India advances to one spot up on Global Entrepreneurship Index”
Aadhaar card number can be made mandatory to buy shares and mutual fund units soon. The government and the Securities and Exchange Board of India (SEBI) are planning to link Aadhaar card to financial market transactions.
It’s hard time for affordable housing. In the Delhi-NCR region alone, over one lakh apartments are likely to be built in this segment in the next couple of years, with builders betting on a spurt in demand following sops announced by the government in this year’s Budget. Supertech, Signature Global, Gaursons, Raheja Developers, BDI, Tulip and many others are planning to launch residential projects in this category.
The Reserve Bank of India today placed on its website a Working Paper titled ‘Bank Lending and Loan Quality: The Case of India’ under the Reserve Bank of India Working Paper Series. The Paper is co-authored by Pallavi Chavan and Leonardo Gambacorta. The study analyses how non-performing loans (NPLs) of Indian banks behave through the … Continue reading “Bank Lending and Loan Quality: The Case of India”
Submitted by business_centrik on 16/02/2017 The Union Cabinet on Wednesday approved the merger of State Bank of India with five of its associate banks including State Bank of Bik aner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and State Bank of Travancore. The merger proposal was announced in May 2016 … Continue reading “Cabinet approves SBI merger with 5 associate banks”