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10 mins read

Credit card rewards are turning us into jerks

The battle to rack up credit-card rewards is turning friends against each other.

Emily Stewart   


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3 mins read

Customer protection 'guiding light' of revamped microfinance regulations, says RBI deputy governor

Reserve Bank of India’s (RBI) deputy governor M Rajeshwar Rao on Friday outlined several measures i…

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2 mins read

India’s small digital businesses have a capital problem and this will only grow

Indian digital small and medium sized enterprises (SMEs) are on a growth path but suffer from a wor…

Business Insider Latest Story Image
2 mins read

Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS

Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…

PTI   


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3 mins read

Cyberattacks hold ‘potentially significant impact’ on countries’ credit ratings: Fitch Report

Cyberattacks are a growing risk with countries devoting more resources to defend against them, acco…

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4 mins read

India needs to bring different solutions for MSMEs -- Business Insider’s MSME Exchange panelists highlight why

Many have termed 2020 as the watershed moment for the Indian micro, small and medium enterprise (…

Business Insider Latest Story Image
3 mins read

Finance Ministry extends Emergency Credit Line Guarantee Scheme till March 2022

The government has been receiving demands from various industry bodies and other stakeholders to…

PTI   


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3 mins read

Cash, capital and credit trickle down to small businesses at a frustratingly slow pace — tech can speed them up

While MSMEs were already finding it difficult to manage their cash flows including the rigorous …

Business Insider Latest Story Image
1 min read

International Finance Corporation proposes to invest $100 million in Hero Fincorp's secured debt

According to IFC, the proposed investment will enable Hero Fincorp to expand is loan book acro…

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4 mins read

Finance Minister Nirmala Sitharaman announces six measures for the MSME sector

The six measures for the Micro, Small and Medium Enterprises (MSME) include collateral-free loan…

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1 min read

Twitter will keep its 140-character limit, says Jack Dorsey

"It's staying. It's a good constraint for us and it allows for of-the-moment brevity," Dorsey said …

Business Insider Latest Story Image
2 mins read

The proposed new definition of MSME will make 90% of Indifi’s borrowers ‘micro’, says CEO

Finance Minister Nirmala Sitharaman on May 13 said that the definition of micro, small and medium e…

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2 mins read

CRISIL forecasts bank credit growth will plummet to 1% with the economic fallout COVID-19

Bank credit is an important factor illustrative of the general economic climate because it deno…

PTI   


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3 mins read

FM Nirmala Sitharaman to meet PSU bank chiefs on May 11 to review credit flow

The RBI had on March 27 slashed the benchmark interest rate by a massive 75 basis points and al…

PTI   


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2 mins read

FM to meet PSU bank chiefs on Monday; to review credit flow

"PSBs complemented RBI on loan moratorium. Their effective communication & proactive actions e…

PTI   


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1 min read

SIDBI offers emergency credit facility of up to Rs 1 cr to SMEs

"The limit of SAFE loans, which was launched a few days back, has been enhanced from Rs 50 lakh to …

PTI   


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2 mins read

More than dozen PSBs announce COVID-19 emergency credit line

The quantum of loan is in the form of additional line of credit ranging from 10 per cent or higher…

PTI   


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2 mins read

Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII

"In this hour of need, NBFC and MFI sector has the ability to ensure smooth and continuous flow of…

PTI   


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2 mins read

Credit supply to commercial sector slows to multi-year low of 8.1 pc: Sidbi

Mumbai, Jan 9 () Amid a slowdown in economic activity, state-owned Sidbi on Thursday said credit su…

PTI