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Madgaum Urban Co-op Bank licence cancelled; liquidator to be named: states RBI

 Madgaum Urban Co-op Bank licence cancelled; liquidator to be named: states RBI

The Reserve Bank of India on Thursday has cancelled the licence of the Madgaum Urban Co-operative Bank Limited, Margao, Goa, as the bank with its current financial position would be unable to pay its present depositors in full. According to...

Starting an Advertising Agency: Here are things you should Know About

Starting an Advertising Agency: Here are things you should Know About

Starting any kind of business needs effort and if you ask any entrepreneurs, they will agree with this. If you are someone that is aiming to start a business and is still confuse about what your business should be, then think about what you are...

Prominent Green Energy Banker predicting $150 Billion through deals in India by 2030

Prominent Green Energy Banker predicting $150 Billion through deals in India by 2030

For international businessmen seeking a piece of India’s renewables boom and the bankers who sit across the table with them, all roads go through the country’s indigenous energy players suggested Corp.’s Gaurav...

IPOs Momentum moving strong, expected record fundraising of over Rs 1 lakh crore in 2021

IPOs Momentum moving strong, expected record fundraising of over Rs 1 lakh crore in 2021

With the IPO momentum moving strong, calendar year 2021 is set to witness record fund raising through initial public offerings. As on date, India Inc has raised over Rs 42,000 crore though 28 IPOs in seven months till date. If the number of...

Yes Bank, Indiabulls Housing Finance Join Hands to Give Home Loans Under Co-Lending Model

Yes Bank, Indiabulls Housing Finance Join Hands to Give Home Loans Under Co-Lending Model

Yes Bank and Indiabulls Housing Finance have come forward for a strategic co-lending tie-up to source and service home loans. Under this strategic co-lending agreement, they will offer home loans to homebuyers at competitive interest rates, Yes...

ECLGS, unlocks help MSME credit offtake rise 6.6 percent in FY21

 ECLGS, unlocks help MSME credit offtake rise 6.6 percent in FY21

Unlocks in the month of June have led to the sharp bounce back in credit demand by MSMEs, which was dampened by the second wave after a strong fourth quarter of FY21. Strong rebound in credit demand, accompanied by equally strong credit...

Mobile wallets, card networks, white label ATM operators allowed to join RBI’s CPS

 Mobile wallets, card networks, white label ATM operators allowed to join RBI’s CPS

The Reserve Bank of India (RBI) has decided to allow non-bank payment system providers (PSPs), including prepaid payment instruments (PPI) issuers like mobile wallets, card networks and white label ATM operators to participate in the Centralised...

IMF cuts GDP growth forecast to 9.5 per cent for FY22 courtesy second wave of covid-19

IMF cuts GDP growth forecast to 9.5 per cent for FY22 courtesy second wave of covid-19

The International Monetary Fund (IMF) on Tuesday slashed its FY22 growth forecast for India by 300 basis points from its April projection to 9.5 per cent, the sharpest cut for any country, citing the damage caused by the second Covid wave that...

Parliamentary Panel Suggests Stimulus ‘inadequate’, 25 per cent of MSME loans may default

Parliamentary Panel Suggests Stimulus ‘inadequate’, 25 per cent of MSME loans may default

A parliamentary panel studying the impact of Covid-19 pandemic on MSMEs has noted in its report that the stimulus package declared by the Central government is “inadequate” as the measures were more of loan offerings and long term,...

Guide to hiring a freelance developer for your business

Guide to hiring a freelance developer for your business

The global online market is becoming more competitive, which makes it more vital for businesses to stand out from the crowd. 75 per cent of individuals believe that they evaluate the authenticity of any business through its...

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