भारतीय स्टेट बैंक आफ इंडिया ने छोटे कारोबारियों के बीच डिजिटल ट्रांजैक्शन को बढ़ावा देने के उद्देश्य से उनको डेबिट कार्ड ट्रंजैक्शन पर मर्चैंट डिस्काउंट रेट यानि (एमडीआर) पर छूट देने के लिए कहा है। एसबीआई ने जिन कारोबारियों का सालाना टर्न ओवर 20 लाख रुपये से अधिक है उनको अगले साल तक एमडीआर भरने […
Tag: State Bank of India
Core sector output growth slows to 4.9 % in November
New Delhi: The eight core industries recorded a year-on-year growth in output of 4.9 per cent in November 2016, slower than the previous two months – that is, a 6.6 per cent increase in October and 5.01 per cent in September. Output in electricity and coal posted healthy growth rates of 10.…
A German model for our MSMEs?
Job-creating growth is likely to be a priority of the Modi government — especially in the context of the contraction expected in the wake of demonetisation — when it presents the Budget on February 1. The Budget presents a unique opportunity for redefining our entire approach towards medium, smal…
Demonetisation Effect | 400,000 jobs to suffer; e-Commerce to be worst hit
With demonetisation set to reduce India’s economic growth by 1% over the next one year, the job market is likely to see over 400,000 job cuts. You should worry if you work in the e-commerce sector, since firms could handover around 200,000 pink slips in the next one year. “Cash on delivery being …
How MSMEs can overcome funding & tech challenges
Access to low-cost technology and cheap funds is perhaps one of the biggest challenges faced by the nation’s small businesses. But, even as small businesses across the country go through a bad patch, lenders are willing to take on the risk and give them the support they need. Similarly, technolog…
Currency Switch Impact | Who gains, who loses
It has been a little under two weeks since Prime Minister Narendra Modi declared that Rs 500 and Rs 1,000 notes will no longer be legal tender. Although it is still early days, the impact of the move to squeeze 86% of India’s currency in circulation is beginning to take effect. While the sudden m…
Unlocking the real value of India’s start-up ecosystem
The story of Indian start-ups is not just limited to the current century; in fact it began over four decades ago. Through the 1980s, a handful of pioneering IT services companies, including the likes of Tata Consultancy Services, Infosys and Wipro, put India firmly on the global economic map. The…
Snapdeal offers Rs 1,000 crore collateral-free loans to its sellers
Online marketplace Snapdeal is offering collateral-free loans worth Rs 1,000 crore for its sellers, ahead of the festive season to enable them to stock up adequately. The loans would be disbursed through its ongoing programme — Capital Assist — which is now managed by FreeCharge and i…
SBI and Oracle India collaborate on Digital Skills Programme
In a first-of-its-kind joint corporate citizenship collaboration, two of India largest organizations, State Bank of India (SBI) and Oracle India have launched the D-Change; programme. The initiative supports Prime Minister Narendra Modi Skill India and Digital India plan and furthers Oracle commi…
With SmartQ & Hate2wait, the nightmare of queues is almost over
After having sold his first company, Tastykhana, to Food Panda in 2014, Shachin Bharadwaj was on the lookout for a new business idea. It was while waiting at a paediatrician’s clinics that he struck upon an idea for a new venture, which he would later name ‘SMINQ’ (see me in no …