RBI extends Liquidity Support to Micro, Small and Medium Enterprises

Refinance to SIDBI to ease Liquidity Stress to MSE Sector In view of the need to ease the liquidity stress to Micro and Small Enterprises (MSE) sector which is employment intensive and contributes significantly to exports, it has been decided to provide refinance of an amount of `5,000 crore to the Small Industrial Development Bank of… Read More

Tags: Government-owned corporationIDBI BankMarket liquidityMinistry of Small Scale IndustriesNon-banking financial companyPriority Sector LendingReserve Bank of IndiaSmall Industries Development Bank of India

National Handicapped Finance and Development Corporation

National Handicapped Finance and Development Corporation signed s with IDBI Bank, Andhra Bank, NEDFi & three RRBs in Maharashtra to expand its concessional credit to PwDs; NHFDC achieved excellent performance under  MoU evaluation system during the year; state ChannelisingAgency of NHFDC at Puducherry achieved best state Channelising Agency Award for 2011-12, are some of the highlights of NHFDC activities during last year National Handicapped Finance and… Read More

Tags: Andhra BankGovernment of IndiaGovtIDBI BankIndiaMaharashtraMemorandum of understandingNHFDC

22 Banks authorized for payment of VAT

(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONA CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.7(400)/Policy/VAT/2011/383-396 Dated:05/07/2013 NOTIFICATION In exercise of the powers conferred under sub rule (2) of Rule 31 of Delhi Value Added Tax Rules, 2005 (hereinafter referred to… Read More

Tags: DelhiIDBI BankIndiaKotak Mahindra BankNew DelhiPunjab & Sind BankReserve Bank of IndiaValue Added Tax

Action Against those Exposed by Cobrapost, Red Spider 2 Expose

In connection with Cobrapost, Red Spider 2 Expose that was released today morning, the Secretary, Department of Financial Services Shri Rajiv Takru has asked the Chairman cum Managing Directors (CMDs) of various Public Sector Banks (PSBs) Including Allahabad Bank. Andhra Bank, Bank of Baroda, Bank of India ,Bank of Maharashtra, Central Bank of India, Dena… Read More

Tags: Dena BankFinancial servicesIDBI BankIndiaPunjab National BankState Bank of IndiaState Bank of MysoreState Bank of Patiala

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