IndusInd Bank on Tuesday introduced ‘INDIE for Business’ platform to empower MSMEs. Through this step, the bank aims to reach over 60 million enterprises within India’s MSME segment. The digital platform offers all banking services – across payments, loans, collections, and account insights. INDIE for Business aims to transform how the micro, small, and medium
Punjab Finance Secretary Krishan Kumar has raised an alarm over revenues from two major resources, including Goods and Services Tax (GST) and excise, dipping in April, and flagged it to the administrative secretaries of the departments concerned. Under its tax revenue, against the collection of Rs 4,534 crore collected last year over the same period,
The Reserve Bank of India’s aggressive fund infusion in the past few months is beginning to show results, as the banking system’s liquidity position turned surplus at the end of March — the first time in three months. The banking system’s liquidity stood at a surplus of Rs 89,399 crore on March 30. On March