Indian Bank commenced its first batch of Business Mentoring Program – MSME Prerana

Coimbatore: Indian Bank has commenced its first batch of Business Mentoring Program – MSME Prerana on 12.10.2020 for Entrepreneurs of Coimbatore, Salem, Tiruppur, Erode & Namakkal.  Shri K Ramachandran, Executive Director, Indian Bank inaugurated the first batch and addressed all the participants through video conferencing. Shri K Ramachandran said, “Indian...

RBI to conduct OMOs in SDLs worth Rs 10,000 cr

The Reserve Bank of India (RBI) on Friday announced the purchase of state development loans worth Rs 10,000 crore under open market operations. The auction will be conducted on October 22. The RBI, in a statement, said that it has been decided to conduct a purchase auction of SDLs under...

Worst time over for Indian economy: KK Mistry

New Delhi: Stating that the December quarter growth could outperform the expansion logged in the corresponding quarter a year ago, Mistry said that the Indian economy has shown its resiliency. Benign interest rate regime will continue going forward and that rates will go up only after economic activity gathers more...