RBI revises audit norms for banks

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The Reserve Bank has come out with a revised long format audit report (LFAR) norms with a view to improve...

6 years of Jan Dhan: 40.35 crore beneficiaries, ₹1.31 lakh crore worth deposits, majority...

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The flagship scheme of Narendra Modi government, the Pradhan Mantri Jan Dhan Yojana (PMJDY), completed 6 years on August 28,...

ICICI becomes the first bank in introducing satellite data to assess farmers’ credit worthiness

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ICICI has become the first bank to introduce satellite data to assess farmers' credit worthiness. It will conduct these assessments...

Centre issues GST exemption for businesses having turnover upto ₹40 lakh

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The Finance Ministry on Monday announced a GST tax exemption for businesses with an annual turnover of ₹ 40 lakhs...

Nirmala Seetharaman assures immediate action against banks denying loans to SMEs

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Finance Minister Nirmala Sitharaman has advised banks not to refuse to provide emergency loans to small, medium and micro-enterprises (SME)...

Agarbatti production to boost India’s Atmanirbhar initiative

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Union Minister for Micro Small and Medium Enterprises Nitin Gadkari has approved a unique employment generation program proposed by Khadi...

More than 40 crore Jan Dhan accounts opened

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The flagship scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) achieved a new milestone with more than 40 crore bank accounts...

Centre sanctions loan worth ₹89,810 Crore to 1.1 crore farmers through Kisan Credit Card

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In the wake of the coronavirus lockdown, the Central Government has announced an economic recovery policy to help various sectors...

India – Sri Lanka sign $400 mn currency swap agreement

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The Government of Sri Lanka signed an agreement for currency swap of $ 400 million, or about ₹ 3000 crores...

Gujarat’s Morbi looks to conquer China’s toy market the ‘Atmanirbhar’ way

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In response to Prime Minister Modi's call for an 'Atmanirbhar Bharat', over 150 firms in Morbi, Gujarat, have come together...