Category: Small Business

File Photo: RBI governor Dr Raghuram Rajan Mumbai: The Reserve Bank is all set to issue the first set of differential bank licences — small finance and payments banks — by the end of August, a move aimed at promoting...

New Delhi: Banks will disburse loans worth about Rs 1.22 lakh crore to small business units under the Pradhan Mantri MUDRA scheme during the current fiscal year. The banking sector has been allocated an overall disbursement target of Rs 1,22,188...

Tata Motors shares jumped over 4 per cent to hit intraday high of Rs 338.75 on reports that Tata Motors’ plans to start production of non-Nano cars from its Sanand plant in Gujarat. According to Business Standard, Tata Motors plans...

New Delhi: The Reserve Bank will issue small finance bank licences in the next few days, said Deputy Governor S S Mundra here today. RBI last month gave in-principle approval to 11 entities to set up payments banks.”There is another...

New Delhi: The microfinance business will now be dominated by small finance banks (SFBs) which will bring down systematic risk but at the cost of lower returns, India Ratings and Research has said. Of the 10 shortlisted candidates for small...