finance

RBI likely to maintain status quo on benchmark interest rate

 The Reserve Bank is likely to maintain a status quo on benchmark interest rate in its next monetary policy meet outcome to be announced on February…

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Circular of Finance ministry to clarify on the residency status of NRIs and foreign nationals stranded in India

The Finance Ministry has decided to issue a circular to provide clarity on the residency status of NRIs and foreign nationals stuck in India in the…

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FSDC sub-committee reviews developments in economy

The RBI Governor Shaktikanta Das headed Sub-Committee of the Financial Stability and Development Council (FSDC) recently reviewed the major developments…

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Agritech start-up Ergos gets fresh funding of Rs.22.5 crore

Agritech start-up Ergos, which provides post harvest storage solutions to small farmers in Bihar, has received fresh funding of $3 million (Rs.22.5…

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SIDBI ties up with BoB to expand its web-based asset restructuring module for MSME customers

After earlier tying up with Indian Bank and Central Bank of India, MSME-focused Small Industries Development Bank of India (SIDBI) has expanded its…

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RBI sets up working group to regulate e-platforms

Amid growing concerns around possibilities of digital lending-based financial frauds, “the Reserve Bank of India (RBI) has set-up a Working Group (WG)…

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Financial assistance for sugarcane farmers

With a view to facilitate export of sugar during the sugar season 2020-21 and thereby improving the liquidity position of sugar mills enabling them…

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To implement VRS scheme in MMTC, Commerce Ministry seeks financial support from FinMin

The Commerce Ministry has sought financial support from its finance counterpart to pay compensation to the employees of public sector trading firm…

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