The government needs to show serious intent behind the massive relief package announced for MSMEs by encouraging banks to inject more liquidity into the system. Nearly a month after the announcement of the 20 lakh crore package to revive the economy, much of it focused on the Micro, Small and Medium Enterprises, relief is yet ...

If reports are to be believed fugitive businessman Vijay Mallya has sought asylum in the UK, and his extradition might be delayed. According to a report on CNBC-TV18, the liquor baron has applied for asylum on humanitarian grounds. Last week, there was media speculation about his deportation to India, after the businessman lost his appeal ...

On Thursday government announced that the mega bank merger plan was on track and would come into effect from April 1. Banking Secretary Debasish Panda told reporters that the banking sector would be able to overcome the challenges posed by the outbreak of coronavirus pandemic. “That is very much on the track. It’s parallel activity ...

Amid the national lockdown, declared to curtain the spread of corona virus, Indian banks suggested their customers to opt for mobile or internet banking over cash. The shutdown has resulted in lesser staff. The move helps in preventing the unnecessary crowding of branches. The banks are offering digital schemes in the wake of pandemic to ...