INDIAN FINANCE MINISTER ANNOUNCES RS 3 LAKH CRORE COLLATERAL FREE LOANS FOR MSMEs

Highlights

• Indian Prime Minister Narendra Modi made an announcement of stimulus package worth Rs 20 lakh crore

• Finance Minister Nirmala Sitharaman gave a break up of the package announced by the PM

• Income tax filing date has been extended to Nove...

Yes BANK MORATORIUM TO BE LOFTED SOON: ICICI, HDFC, AXIS & SBI TO INVEST

Highlights: 

• Cabinet approves RBI suggested reconstruction scheme for Yes Bank
• Moratorium might be lifted soon

Yes bank customers cam heave a sigh of relief as the moratorium on Yes bank is expected to be lifted very soon. The &...

Five state-owned Indian companies to buy stakes from the Government

As a part of the current Indian government’s privatization plan, to generate revenues and win invite foreign investors to the country, five state-owned companies to buy stakes from the government.

The finance minister of India, Miss Nirmala Sitharaman, announced that the governmen...