The Finance Ministry and the Reserve Bank will issue directions to the banks to step up credit for micro, small and medium enterprises. A task force formed by Prime Minister Manmohan Singh on......
State Bank of India chairman O P Bhatt said on Friday no increase in interest rates is expected in the near future, allaying apprehensions on the return of the tight money policy. "Hike is......
Securities and Exchange Board of Indiamay soon issue ground rules for setting up stock exchanges dedicated to the small and medium firms, enabling them to raise capital from the market. "The......
A cabinet note for setting up a fund, with initial corpus of Rs 1,000 crore (Rs 10 billion), to provide credit to businesses in the unorganised sector has been prepared, a senior government......