Mundra said there are many “strong and logical” reasons to showcase the importance of the MSME sector in strengthening banking industry because big industrial loans have huge problems and banks cannot merely rely on consumer and/or retail loans.
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Tag: BANKING
New tax regime to create need for 1.3 m professionals; India Inc rush to get GST math right
GST has infused optimism in the job market. As the goods and services tax rollout date nears, companies across sectors are rushing to get their GST teams in place, leading to a jump in demand for tax and technology professionals. The demand is being led by the FMCG sector, followed by consumer go…
Finance: RBL ने MSMEs को दिया दोगुना ऋण
आरबीएल बैंक द्वारा सूक्ष्म और लघु उद्यमों (MSMEs) को दिए गए ऋण में जबरदस्त बढोत्तरी हुयी है। यह संख्या पहले के 143 करोड़ रुपए से बढ़कर अब 333 करोड़ रूपए हो गई है। द हिन्दू की एक ख़बर के अनुसार बैंक के कार्ड, रिटेल, एमएसएमई ऋण और वित्तीय समावेशन के प्रमुख हरजीत तूर ने कहा है […]
Tech start-up MobMe launches customer feedback analytics tool
Tech start-up MobME has launched Geckolyst, a product that analyses customer feedback to provide comprehensible information to enterprises. Geckolyst allows an organisation to integrate customer feedback from any source, including call-centre data, survey responses, social media, customer emails,…
Banking on the South
Even as public sector banks continue to be weighed by weak credit growth and poor asset quality, a few small regional private banks that continue to deliver healthy growth in loans and earnings offer a good opportunity for investors. City Union Bank that has a strong foothold in South India has b…
HDFC Bank launches dedicated product for start-ups
Country’s second largest private sector lender HDFC Bank launched a dedicated product for start-ups which will offer banking, payments and forex services. The product’s features include enhanced transaction limits with no minimum balance requirement for the first six months, customise…
OFS Technologies plans for acquisition
Bangalore based OFS Technologies Limited, that debuted on BSE-SME exchange on January 14, is planning to use its IPO proceeds for an acquisition either in India or Europe, subsequently adding few more clients in its kitty. Speaking to SMEpost.com, OFS Technologies’ Company Secretary, Maniva…