Mumbai: Banks have passed on only a little more than a third of the benefits they have accrued so far from the past three successive rates reductions of 75 bps by the Reserve Bank to the borrowers, governor Shaktikanta Das Wednesday said, urging them to do more.
Coimbatore, Aug 7 Tirupur Exporters'' Association (TEA) on Wednesday hailed the reduction of policy Repo rate by 0.35 per cent from 5.75 per cent to 5.4 per cent announced by the Reserve Bank of India in the third bi-monthly monetary policy for 2019-20.
NEW DELHI: Micro, small and medium enterprises (MSME) minister Nitin Gadkari and small businesses on Tuesday complained about the 59-minute loan scheme being slow in disbursing loan, while asking FM Nirmala Sitharaman to ensure that their dues from the government are cleared expeditiously.
The Turkish kids garment industry has enhanced its customer diversity and production capacity by 30 per cent because of Syrian manufacturers that fled the Syrian civil war and took refuge in Turkey.
The Turkish kids garment industry has enhanced its customer diversity and production capacity by 30 per cent because of Syrian manufacturers that fled the Syrian civil war and took refuge in Turkey.
As per news reports, MSME Minister Nitin Gadkari said in the Lok Sabha that the government has decided to launch a portal on the lines of Alibaba in China and Amazon in the US for selling products manufactured by small industries within a month.