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Lenders can't compound penal interest, says RBI | The Financial Express

Lenders can't compound penal interest, says RBI | The Financial Express
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Adhil Shetty , Jyoti Prakash Gadia , Karthik Srinivasan , Reserve Bank , India Managing Director Jyoti Prakash Gadia ,

Invested in Bank FD for a safer future? THIS report will add woes to your income from saving plans

Real rates are going to be negative for a while, given that the post crisis repairs may take some time and it is imperative that financial literacy initiatives guide people into making the right investment choices. ....

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Amendments to LLP Act to boost ease of doing business

Retail, wholesale trade to get MSME status


Retail, wholesale trade to get MSME status
IANS
03 July 2021
 
Noting that retail and wholesale trade were left out of the ambit of MSMEs, Union MSME Minister Nitin Gadkari, in a string of tweets, said: Under the revised guidelines, MSME has issued order to include retail and wholesale trade as MSME and extending to them the benefit of priority sector lending under RBI guidelines.
 
Under the leadership of PM Narendra Modi, we are committed to strengthening of MSME and make them engines for economic growth. The revised guidelines will benefit 2.5 Cr Retail and Wholesale Traders.
 
With the revised guidelines, the retail and wholesale trades will be now be allowed to register on Udyam portal. ....

Praveen Khandelwal , Nitin Gadkari , Jyoti Prakash Gadia , Confederation Of All India Traders , Wholesale Traders , All India Traders , General Praveen Khandelwal , India Managing Director Jyoti Prakash Gadia , ப்ரவீன் கண்டெழுவாள் , நிடின் கட்காரி , ஜையோடீ பிரகாஷ் காடியா , கூட்டமைப்பு ஆஃப் அனைத்தும் இந்தியா வர்த்தகர்கள் , மொத்த வர்த்தகர்கள் , அனைத்தும் இந்தியா வர்த்தகர்கள் , ஜநரல் ப்ரவீன் கண்டெழுவாள் ,