TIRUPUR: The acting chairman, Apparel Export Promotion Council (AEPC), Mr. A Sakthivel has urged the Centre's intervention to protect MSME industries which are struggling due to stressed loan accounts.
The Indian rupee erased morning losses and trading at day's high at 71.54 per dollar.
Mumbai: The RBI on Tuesday issued guidelines on 'on tap' authorisation of payment systems, including minimum networth criteria for different players, with an aim to encourage innovation and competition.
Mumbai: The Shiv Sena on Tuesday urged the Reserve Bank of India (RBI) to merge the crisis-hit Punjab & Maharashtra Cooperative Bank with a larger public sector or private lender.
Pandey says it's not fair to say that GST is responsible for the current economic slowdown; contraction in imports and the failure of some sectors to perform well led to a drop in GST collection, he adds.
The Reserve Bank of India (RBI) is on alert after the National Investigation Agency (NIA) found fake currency notes in circulation.