Banking & Finance

The Federation of Indian Chambers of Commerce and Industry (FICCI) said the move by Reserve Bank of India (RBI) to provide a loan-restructuring window for Micro, Small and Medium Enterprises (MSMEs) will provided a much-needed boost.

The Cabinet has approved amalgamation of Bank of Baroda (BoB), Vijaya Bank and Dena Bank, making the grouped entities globally competitive.

Delhi Metro Rail Corporation Limited has called for bids for Property Development at Dwarka Sector-8 MRTS Station.

Indian traders have reacted strongly to American comments on the recent changes to Foreign Direct Investment (FDI) rules relating to 'hyper-sensitive and emerging e-commerce' as the Indians feel they would be short-changed in e-marketplace.

The Rural Development Ministry has sanctioned 1531-km of road projects in Uttarakhand, 996-km and 112-km for Green and Climate Resilient Technology Meghalaya and 100-km for Green and Climate Resilient Technology in Tamil Nadu.

A GST rate cut during January 2019 Council meeting on under construction homes will be a perfect New Year bonanza for millions of aspiring homebuyers looking to buy in the coming year.

Finance Minister Arun Jaitley said the higher 28% Goods and Services Tax is being phased out, putting it between 12% and 18%.

Japan’s MUFG Bank, ranked eight largest in the world by Bloomberg, has consolidated regional payment system across multiple geographies using Tata Consultancy Services (TCS) BaNCS.

India’s Sree Sai Aerotech Innovations Pvt Ltd (SSAI), also known as ZUPPA, plans to raise US$10 million to scale up its existing Drone products and develop newer applications for market demand.

S&P Global Ratings believe India Infrastructure Finance Co Ltd’s (IIFCL) will continue to play a critical role in the Indian government's economic development plans and policies over the next 24 months. It will remain a key policy instrument to promote infrastructure financing,”...