Entrepreneurs can apply online for Micro Small Medium Enterprise (MSME) loans up to Rs. 2 crore without visiting their respective bank branches.

Now, in Noida, Greater Noida and Yamuna Expressway, home buyers can benefit from up to 2.5 lakh rupees. Indeed, these areas of NCR are being included for the first time in the Prime Minister’s Housing Scheme (PMAY).

In keeping with his push to steer India towards a digital economy, Prime Minister Narendra Modi on Friday launched a new e-wallet app, BHIM, named after founding father Dr BR Ambedkar, to make it easier to transact online. The Aadhaar-based mobile payment application will allow people to make digital payments directly from their bank accounts. … Continue reading “BHIM App Launched, PM Narendra Modi Says World Will Google For It.”

State Bank of India (SBI), the country’s largest lender, has reduced its marginal cost of funds based lending rate (MCLR) by a whopping 90 basis points. Among the steepest interest rate cuts in a long time, the move is aimed at boosting loan growth, which has fallen to a multi-decade low. MCLR is the benchmark … Continue reading “Loans to be cheaper as SBI slashes rate”

Submitted by business_centrik on 06/01/2017 The country’s largest lender State Bank of India will take the lead among state-run lenders to launch branch less banking called SBI Digi Bank, something similar to what Citi or DBS have done elsewhere in the world. The Digi Bank will have a financial superstore, a market place, and end-to-end digitisation for all … Continue reading “SBI to launch its own version of digital only bank soon”

PRAGATI (Pro-Active Governance and Timely Implementation) launched last year on 25th march turned out to be very helpful as it helped in speeding up many development schemes.It has pushed 136 project involving investment of around 8 lakh crore.Every project comes with a deadline and government agencies have to stick to it.Work on projects like Nangal Dam … Continue reading “PRAGATI launched last year speeds up development schemes”

People should start believing that girls are no less than boys. A new initiative “Meri Ladli”has been started to save the girl child under BBBP, by generating a positive notion about girl child by celebrating the birth of girl child and enforcing laws and vigilance against sex determinaton and consequent abortion of childbirth with community participation.It will also … Continue reading ““Meri Ladli” a new initiative under Beti Bacchao Beti Padao”

Janani Sishu Suraksha Karyakaram started by Ministry of Health to ensure better facilities for pregnant women and new born child by providing free  ambulance services from home and drop back,free delivery/caesarean section;free drugs,diagonstics and blood transfusion and similar facilities are provided to child upto 1 year of age. This will be beneficial for those mothers who … Continue reading “Janani Sishu Shuraksha Karyakaram”

To increase awareness about BBBP scheme, various steps are being taken by state and central government.Under Beti Bachao Beti Padao Scheme, Delhi girls who were considered healthiest and happiest were given cash prizes. To increase awareness, healthy babay shows were held at 4 North-West Delhi centres, contest held were focussed on institutional delivery, full vaccination, appropriate weight … Continue reading “Beti Utsav”

Union Agriculture and Farmers Welfare Minister,Shri Radha Mohan Singh launched e-Nam mobile app for farmers to connect trading markets for farmers benefits.It will be a boon for all farmers as there will be flat pricing accross the country and it will benefit poor farmers as they would not be fooled anymore by commission agents. They can get … Continue reading “e-Nam mobile app for farmers”

NITI Ayog will oranise its 1st global conference on National Initiative towards Strengthening Arbitration and Enforcement in India.This conference is a step to make India the next big hub for international commercial arbitration. In recent times, India has taken many steps to facilitate ease of doing business. These include a robust bankruptcy framework, a new digital … Continue reading “NITI Ayog to organize first global conference”

For protecting the innocent farmers and rural account holders of PMJDY from activities of money launders and legal consequences under the Benami Property Transaction & Money Laundering laws, RBI has been decided to place certain limits, as a matter of precaution, on the operations in the PMJDY accounts funded through deposits of Specified Bank Notes … Continue reading “RBI precautions for bank accounts under Jan Dhan Yojana”

Submitted by business_centrik on 22/11/2016 RBI vide its circular dated November 21, 2016 has allowed farmers to draw upto ₹ 25000/- per week in cash from their loan (including Kisan Credit Card limit) or deposit accounts subject to their accounts being compliant with the extant KYC norms. RBI has also allowed all current account holders … Continue reading “RBI revised the withdrawal limits for Farmers & Traders”

E-Hospital, a new initiative has been started to intensify the health care services in India. E-hospital aims at strengthening the hospital information system, internal work structure of hospital to ease the work flow in order to benefit more number of patients in minimum time frame. Around 40 hospitals are using e- hospital. This is a … Continue reading “E-Hospital”

E-Hospital, a new initiative has been started to intensify the health care services in India. E-hospital aims at strengthening the hospital information system, internal work structure of hospital to ease the work flow in order to benefit more number of patients in minimum time frame. Around 40 hospitals are using e- hospital. This is a great … Continue reading “E-Hospital”