RBI proposes no Foreclosure Penalty on MSMEs loans
NEW DELHI : Micro and Small Enterprises (MSEs) will now be able to prepay loans without paying foreclosure penalty. Banks and NBFCs are not permitted to levy foreclosure charges or prepayment
RBI Governor projects 7.2% GDP growth for FY25 despite weak Q1 performance
. NEW DELHI : Shri Shaktikanta Das, The Reserve Bank of India Governor said on Thursday that even though the gross domestic product (GDP) growth for the first
World Bank follows IMF. Revises India’s FY25 GDP growth forecast to 7%
NEW DELHI : The World Bank has raised its growth forecast for India’s economy to 7 per cent for the current financial year (FY25), up from an earlier projection of
Govt invites proposals to set up E-Commerce hubs
NEW DELHI : The government on Friday invited proposals from companies to set up E-commerce Export Hubs (ECEH) in the country that will be first launched on a
Garment sector facing uncertainty due to Bangladesh crisis, may return normalcy soon: FM Sitharaman
NEW DELHI : Bangladesh garment and knitted fabric sector was facing a “bit of uncertainty” but expressed hope that the country’s interim government would resolve the situation soon
RBI increases UPI payment limit from Rs 1 lakh to Rs 5 lakh
MUMBAI : The Reserve Bank of India (RBI) has provided major relief to UPI consumers. The central bank has increased the limit for making payments through UPI from
ADB keeps India’s GDP growth projection for FY25 unchanged at 7%
NEW DELHI : Asian Development Bank kept India’s FY25 growth forecast unchanged at 7 percent from its April outlook, according to its latest report released on July 17.
RBI Governor confident of 7.2% GDP growth in FY25
MUMBAI : The Reserve Bank of India (RBI) Governor Shaktikanta Das, on June 25, said he is confident that India’s growth will touch 7.2 percent in the current financial
‘Expect Indian Economy to expand by a strong 7.2%’: Fitch raises growth forecast from 7%
NEW DELHI : Fitch Ratings raised India’s growth forecast on Tuesday, citing recovery in consumer spending and increased investment. The agency has increased India’s growth forecast from 7
RBI believes Indian economy is well-placed to step up growth trajectory
NEW DELHI : The Reserve Bank of India, on Thursday, said India’s GDP growth is robust on the back of solid investment demand aided by healthy balance sheets