News - Tiruppur Expoters' Association

RBI names SBI, ICICI and HDFC as systemically important banks - 15th March 2019

support@tea-india.org (TEA Admin) — Fri, 15 Mar 2019 10:18:40 +0530

Mumbai: The Reserve Bank of India (RBI) on Thursday named State Bank of India (SBI), ICICI Bank and HDFC Bank as Domestic Systemically Important Banks (D-SIBs), which in other words mean banks that are too big to fail.

RBI Governor Das to meet heads of Small Finance Banks on March 15 - 15th March 2019

support@tea-india.org (TEA Admin) — Fri, 15 Mar 2019 10:17:34 +0530

Reserve Bank of India (RBI) Governor Shaktikanta Das will hold a meeting with heads of Small Finance Banks on March 15 to discuss their participation in priority sector lending and financial inclusion.

Export credit dips 45% on rise in NPAs, regulatory reforms - 15th March 2019

support@tea-india.org (TEA Admin) — Fri, 15 Mar 2019 10:16:27 +0530

Loans to exporters have fallen steeply in the last one year, adversely affecting labour-intensive micro, small and medium enterprises.

Restructuring advances of stressed MSMEs - 15th March 2019

support@tea-india.org (TEA Admin) — Fri, 15 Mar 2019 10:15:18 +0530

By Sudhakar Atre, RBI has permitted to all banks and NBFCs restructuring of advances to Micro, Small and Medium Enterprises (MSME) sector stressed MSME accounts with aggregate exposure upto Rs 25 crore without downgrading the asset to substandard (NPA) category vide its circular dated January 1, 2019.

The Sustainable Fashion Forum Provides a Tech Focus for a Green Apparel Manufacturing - 15th March 2019

support@tea-india.org (TEA Admin) — Fri, 15 Mar 2019 10:13:23 +0530

Working toward a cleaner and greener apparel industry was the mission of the Sustainable Fashion Forum, held at the California Market Center on March 7during the March 6–8 run of the LA Textile show.