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Bangalore Cluster

‘Banks should influence big companies to clear dues of SMEs’

Sep 27, 2013
Uma Shankar, Regional Director, Reserve Bank of India (RBI) feels that, the banks can come to rescue the small and medium enterpri...

CREDAI expresses worries on RBI rate hike

Sep 23, 2013
The apex body for private real estate developers in India, the Confederation of Real Estate Developers’ Associations of India (C...

Reviving industrial growth imperative for economic turnaround: FICCI Prez

Jul 31, 2013
“Reviving investments and giving a thrust to the industrial sector should be government’s priority at the present moment,” s...
Bangalore Cluster

Karnataka Bank exceeds stipulated MSME lending target

Jul 24, 2013
Public sector lender Karnataka Bank Ltd has lent an amount of Rs 1,498 crore to the MSME sector, posting growth of 24 per cent aga...

RBI hikes cap on MSME credit

May 06, 2013
The Reserve Bank of India, in its annual policy statement, has announced three changes to the priority sector lending (PSL) norms ...

Indian economy will recover in FY14: CARE

Apr 10, 2013
India’s second-largest credit rating agency CARE Ratings’ latest report says that, the country’s economic growth is expected...

Withdrawal of DEPB Scheme hampered Indian exports

Apr 09, 2013
Over the last few years, Indian export-oriented businesses have been struggling very badly.

Implementation of RBI guidelines key for financial inclusion

Apr 08, 2013
Financial inclusion is a journey which the Indian banking industry has started. Like any other journey, this one too is fraught wi...

Gemalto: Mobile is an enabler of financial inclusion

Mar 21, 2013
The Reserve Bank of India (RBI) is aggressively working on motivating banks to use mobile devices for banking purposes. As of 2012...

Rs 5,000 crore fund to bridge MSME credit gap

Feb 13, 2013
In a recent development, the Ministry of MSME, Government of India, declared its intention to work aggressively towards the creati...