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In first such initiative, Srei Equipment Finance Limited, an arm of Srei Infrastructure Finance Limited (Srei), has teamed up with United Bank of India to jointly offer loans to MSME sector and retail customers under a co-lending arrangement.

Srei, United Bank team up to offer MSME loans

The joint initiative is aimed at fulfilling the government's vision of making credit available to MSME and retail...

30 Oct 2019 7:30 PM GMT

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI cuts interest rate by 25 basis points; loan EMIs likely to fall

Home, auto, and personal loan EMIs are likely to go down although banks are yet to fully pass on the previous cut.

4 April 2019 11:46 AM GMT

RBI keeps interest rates on hold; raises limit for gold loans. (PTI Photo)

RBI increases gold loan-to-value ratio to 90%, interest rates...

Monetary Policy Committee after three days of deliberations voted unanimously to leave the policy repo rate unchanged at...

6 Aug 2020 9:22 AM GMT

FICCI calls for interest-free, collateral-free loans to support MSMEs amid lockdown. (ANI Photo)

FICCI calls for interest-free loans to support small businesses amid...

Federation of Indian Chamber of Commerce and Industry said small and medium enterprises are incurring losses and facing...

16 April 2020 9:08 AM GMT