Banks Offer Zero-Balance Accounts To Promote Financial Inclusion: Sitharaman

New Delhi, Mar 9 (KNN) Finance Minister Nirmala Sitharaman on Monday said that banks provide zero-balance savings account facilities to ensure financial inclusion and universal access to banking services.   Replying to a question in Lok Sabha, the minister said Basic Savings Bank Deposit Accounts (BSBDAs), including accounts opened underContinue Reading

Loans Against Precious Metals To Follow Standardised RBI Norms From April 1

New Delhi, Mar 10 (KNN) Minister of State for Finance Pankaj Chaudhary informed Parliament that the Reserve Bank of India (RBI) has issued comprehensive directions on lending against gold and silver collateral to standardise norms across regulated financial institutions. RBI Issues Unified Framework For Loans Against Precious Metals According toContinue Reading

Govt Is Promoting Green Tech Adoption Among MSMEs Through Multiple Schemes: MoS Karandlaje

New Delhi, Mar 9 (KNN) The government is implementing several initiatives to help micro, small and medium enterprises (MSMEs) access technical expertise and financial support for adopting energy-efficient and sustainable practices, Minister of State for MSME Shobha Karandlaje informed the Rajya Sabha on Monday. In a written reply, Karandlaje saidContinue Reading

FISME -IPFC To Hold 2-Day National IP Yatra Programme To Promote IP Protection, Valuation For Commercialisation For MSMEs

New Delhi, Mar 9 (KNN) The Federation of Indian Micro and Small & Medium Enterprises (FISME) will organise a two-day National Level IP Yatra Programme aimed at promoting awareness of intellectual property rights (IPR) among micro, small and medium enterprises (MSMEs). The event is being organised by the FISME IntellectualContinue Reading