Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/confident-india-will-emerge-as-the-top-manufacturing-hub-for-evs-nitin-gadkari/articleshow/79628259.cmsSynopsis The minister added that besides the electric technology for automotive, the use of fuel ethanol, methanol biodiesel and bio CNG is being proactively
Day: December 10, 2020
RBI may allow SFBs to lend to smaller microfinance institutions with loan assets below Rs 500 cr – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/rbi-may-allow-sfbs-to-lend-to-smaller-microfinance-institutions-with-loan-assets-below-rs-500-cr/articleshow/79647334.cms SynopsisRBI, which had earlier turned down a similar proposal, is now actively considering it so that the funding requirement for the sector is
indian economy: Nomura projects India to be the fastest growing Asian economy in 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/nomura-projects-india-to-be-the-fastest-growing-asian-economy-in-2021/articleshow/79640886.cmsSynopsis The Japanese brokerage turned positive on India’s cyclical outlook, with near term risks of a resurgent pandemic unlikely to derail growth, according to
RBI: RBI lays down stringent dividend distribution formulae for NBFCs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-lays-down-stringer-dividend-distribution-formulae-for-nbfcs/articleshow/79646529.cmsSynopsis RBI said that deposit taking NBFCs and systemically important non-deposit taking NBFCs should have CRAR of at least 15% for the last three
ICICI bank: ICICI opens new front with mobile app interoperability, other banks may follow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/icici-opens-new-front-with-mobile-app-interoperability-other-banks-may-follow/articleshow/79647016.cmsSynopsis The UPI’s open architecture allows ease of payments from and to banks and wallets. However, no bank had opened up its own system
India should drive growth without depending on rate cuts: Acharya – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-should-drive-growth-without-depending-on-rate-cuts-acharya/articleshow/79648380.cmsSynopsis Acharya, who quit RBI ahead of his tenure coming to an end last year, said India has to devise ways of pushing up
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