A man checks his mobile phones in front of State Bank of India branch in Kolkata, India. File/ Reuters
In a bid to shield India from the headwinds emanating from the ongoing general economic slowdown, the Central government has asked Public Sector Banks (PSB) to recommend ways to prop up growth.
In a major relief to thousands of individuals and MSME borrowers, the India’s central government in an affidavit informed the Supreme Court that it has taken a decision to waive ‘interest on interest’ (compound interest)
With the coronavirus pandemic causing nationwide lockdown and affecting businesses, the government has decided to pitch in with its support for the corporate sector to prevent any liquidity problems for them.
Public sector banks disbursed Rs81,781 crore, including new term loans of Rs 34,342 crore during the first phase of the Customer Outreach Initiative from Oct.1-9 and sanctioned Rs 39,068 crore to NBFCs from Sept.19-Oct.10, the Finance Ministry said.
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, on Tuesday
The Anwar Gargash Diplomatic Academy (AGDA), the region’s leading centre of excellence for the development and training of future diplomats
Binghatti Developers, a leading real estate developer in Dubai has announced the completion of Binghatti Creek, obtaining a completion certificate