The Union Cabinet approved the PAN 2.0 Project on Monday to make PAN the “single source of truth and data consistency”. With PAN already linked to Aadhaar, it is expected to become a strong source of identification and information for authorities. The 10-digit alphanumeric Permanent Account Number (PAN) issued by the Income Tax Department is […]
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Padma Vibhushan Dr. R. A. Mashelkar – Former Director General, Council of Scientific & Industrial Research (CSIR) inaugurating the INDIA MANUFACTURERS & SME SUMMIT on 22nd November 2024 at Pune organised by SME Chamber of India and Maharashtra Industry Development Association (MIDA). Others (L to R) Shri. Prabhakar Salunke – Founder & Chairman, Sumeet Group […]
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Finance Minister Nirmala Sitharaman has raised the lending target for public sector banks to micro, small, and medium enterprises (MSMEs) by nearly 35% for the current financial year, setting a new goal of Rs 5.7 lakh crore. She emphasized that no small business should be denied access to funding and called on public sector banks […]
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The European Union is moving to phase out golden visa programs, but Hungary is bucking the trend by reinstating its own version, potentially boosting its travel and investment sectors. Golden visas have provided affluent individuals an alternative route to live and work abroad, bypassing the more complex and time-intensive processes typically required for residency. These […]
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Bank of Baroda (BoB) plans to open 600 new branches over the next two to three years as part of its goal to double its business (deposits and advances) to ₹48 lakh crore within five years. This expansion aligns with BoB’s strategy to emphasize loans to the retail, agriculture, and MSME (RAM) sectors, further strengthening […]
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“Shri M. Nagaraju, Secretary of Department of Financial Services, Leads Review Meeting with Public Sector Banks”On November 5, 2024, Shri M. Nagaraju, Secretary of the Department of Financial Services (DFS), chaired a review meeting with the Managing Directors and CEOs of Public Sector Banks (PSBs) to assess their performance across critical areas, including financial stability, […]
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