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Micro Finance Industry (MFI) loan portfolio stood at ₹2,37,369 cr serving 5.68 cr unique borrowers with 10.3 cr loan accounts: Infomerics Report
NBFC-MFIs were the second largest provider of micro-credit with a loan amount outstanding of ₹75021 crores, accounting for 31.61 per...
Read moreCentre disbursed 27.06 lakh loans amounting to Rs 2,714 cr beneficiaries under PM SVANidhi scheme
Accourding to a report in Economic Times, The Centre has disbursed 27.06 lakh loans amounting to Rs 2,714 crore under...
Read moreReceived notice from Income Tax Department? Did you make any of these transactions? Check full list here
By Amit Gupta If an individual makes high-value cash transactions, there is a strong possibility that he/she might get a...
Read moreFederal Bank launches international banking services for Individuals at GIFT city
Various product offerings include short term Foreign Currency Deposits for period less than 1-year, overseas loans to individuals, structured products...
Read moreIncome Tax Department conducts search operations in West Bengal
The Income Tax Department initiated search operation in the case of two major manufacturers and suppliers of refined lead, lead...
Read moreKaka-Ba hospital instill new hope for rural people with severe disability
Scoliosis is a disorder of the spine, and its surgeries are generally done only in large hospitals in big cities....
Read moreIncome Tax search operations on two major real estate developers of Ludhiana
The Income Tax Department initiated search and seizure operations on two major real estate developers of Ludhiana on 16.11.2021. The...
Read morePM Modi to launch RBI’s retail direct, integrated ombudsman schemes on Friday
Prime Minister Narendra Modi will launch two innovative, customer-centric initiatives of the Reserve Bank of India (RBI), the retail direct...
Read moreSBI Reports Record Quarterly Profit as Bad Loans Provisions Drop
It has been reported that Most banks reported higher profits, buoyed by a rebound in credit demand as the economy...
Read moreFinance Minister holds review meeting on Capex for MoRTH, MoPNG, and Steel
In continuance to the drive towards accelerated capital spending and timely infrastructure development, Union Minister for Finance & Corporate Affairs...
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