In his first month as Indian Bank's CEO, Binod Kumar aims to reshape the lender's credit focus amid concerns over personal ...

RBI’s draft norms state that loans granted for business purposes to individual borrowers will also be free of the existing ...

The RBI's draft guidelines propose removing prepayment penalties on floating-rate loans for retail and MSME borrowers, ...

Under the proposed norms, MSME borrowers will benefit from these provisions up to an aggregate sanctioned loan limit of ₹7.50 crore per borrower. This move is expected to support small businesses by ...

Lenders will also not charge foreclosure or prepayment penalties to individual borrowers for loans sanctioned for business ...

The National Council on Micro, Small, and Medium Enterprises (MSMEs) has constituted a high-level committee to interface with the Central ...

Chittoor MP Dagumalla Prasad Rao emphasizes coordination with Central government for district development projects and ...

Punjab National Bank, Hyderabad said it is organising a MSME Outreach Programme on February 13, 2025, here at National ...

A one-day MSME Loan Fair organised by the Punjab National Bank (PNB) was held here today. The event was inaugurated by chief ...

More than 25 beneficiaries of central schemes such as PM-Savnidhi Mudra, PM-Vishwakarma and PMEGP, received principal ...

RBI Governor Sanjay Malhotra announced a 25-basis point cut in the policy repo rate, aligned with the Union Budget to boost consumer spending. This is the first reduction in five years, leading banks ...

A collaborative approach involving the government and policymakers, digital lenders or fintech firms, and traditional banks ...