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MSMES CUSTOMS OUTREACH
CBIC to step up outreach as EMI scheme struggles to attract manufacturersThe CBIC will conduct outreach programs to encourage EMI scheme adoption. Data and documentation requirements for the scheme have been subs...
Customs should accelerate AI usage to reduce cost, physical interface with trusted taxpayers: CBIC chiefIn a progressive move, the Customs department plans to ramp up its deployment of artificial intelligence and real-time analytics to limit d...
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
India-US trade deal hinges on preferential tariff advantage over rivals, says GoyalIndia is set to wrap up its trade negotiations with the United States shortly. A crucial aspect of this deal includes securing preferential...
Banks, companies better positioned to weather next downturn: CS Setty, SBI, ChairmanThe chairman of the State Bank of India underscores the nation's economic resilience, emphasizing the bank's robust standing in the financi...
Finance Minister Nirmala Sitharaman urges PSBs to sharpen youth outreach, build ahead of demandFinance Minister Nirmala Sitharaman urged public sector banks to attract young customers. She suggested a focused 'Banking for Youth' campa...
Indian Bank targets Rs 35 lakh crore business by 2032 after crossing Rs 15 lakh crore milestone: MD & CEO"On 125th year, that means 2032, we have set a target of 35 lakh crore business. In June we are at 15 lakh crore. That means we have to bec...
India’s next phase of textile growth hinges on winning global buyers’ confidence: Messe FrankfurtThe upcoming Gartex Texprocess India, jointly organised by Messe Frankfurt Trade Fairs India Pvt Ltd and MEX Exhibitions Pvt Ltd, will be h...
Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisisBanks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...
Nirmala Sitharaman launches National MSME Cluster Outreach Programme; inaugurates new SIDBI Branches in BengaluruFinance Minister Nirmala Sitharaman launched a national program to boost financial access for Micro, Small, and Medium Enterprises (MSMEs)....
Sitharaman urges tax officials to prevent doubts from escalating into grievancesUnion Finance Minister Nirmala Sitharaman on Friday urged officers of the Central Board of Indirect Taxes and Customs (CBIC) to proactively...
DGFT inks pact with DHL to train MSMEs on e-commerce exportsTo promote e-commerce exports, the commerce ministry's arm DGFT in partnership with logistics services provider DHL will conduct training s...
DGFT, Amazon ink MoU to promote MSMEs’ ecommerce exports“To enable micro, small and medium enterprises (MSMEs) and boost e-commerce exports from the country, DGFT is collaborating with the variou...
PNB launches '6S Campaign' under customer outreach programmeThe objective is to drive a special awareness campaign for the development of financial services in the country and to accelerate credit gr...
Invoicemart finances MSME invoices worth $2 billionDigital transformation and adoption of invoice financing platforms like TReDS has helped MSME vendors to get early payments and bounce back...
Mastercard, CII come together to help over 3 lakh MSMEs digitise their businessesThe program will involve three key stages over three years from the launch, including outreach, capacity building and adoption of digital t...
Mastercard and USAID partner to launch ‘Project Kirana’ for women entrepreneursThe project aims to build financial and digital literacy and improve basic business management skills to help women become successful kiran...
Loan mela effect: Bank credit soars in Oct-DecVehicle loans picked up by Rs 4,550 crore in October-November from Rs 1,292 crore in April-September.
Loan outreach: PSBs disburse Rs 2.5 lakh crore in OctoberUnder an outreach programme, public sector banks disbursed as much as Rs 2.53 lakh crore in one month.
Banks to launch first phase of customer outreach loan initiative on Oct 3The second phase will be in 150 districts and will be held between October 21 and October 25, just before Diwali, sources said.