From Monday, there will be another intraday liquidity facility to enable 24x7 settlement of funds under the national electronic funds transfer (NEFT) payment system, the Reserve Bank of India (RBI) said on Friday.
Mumbai: The RBI is working on extending its enforcement role to cooperative banks and non-banking finance companies (NBFCs). The move follows recent developments in Punjab & Maharashtra Cooperative Bank and mortgage lender DHFL.
New Delhi, Dec 13 (KNN) Niti Aayog Vice-Chairman Rajiv Kumar has said that there is a need to re-look at public policies for Small & Medium Enterprises (SME) and solo entrepreneurs, in order to make them available the highest standards of services and also to provide to cheaper credit.
Dharamshala: The Himachal Pradesh assembly passed the Himachal Pradesh Micro, Small and Medium Enterprises (Facilitation of Establishment and Operation) Bill, 2019, amid a walkout by the opposition on Friday.
Venture capital firm Lightbox has invested $8 million (about Rs 56.56 crore) in Tomorrowland Apparels Pvt. Ltd, which operates customised apparel brand Bombay Shirt Company.
Vadodara: A businessman has registered a case of cheating worth Rs 1.2 crore against three persons including his partner with the detection of crime branch (DCB) on Friday.