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DFS Secretary Dr. Vivek Joshi presides over workshop on enhancing ‘customer service’ experience by banks
Dr. Joshi also chairs two meetings on ‘Acquisition of accounts by NARCL’ and ‘Resolution of accounts under the…
Maharashtra rolls out new EV policy; targets 30% adoption by 2030
Among other things, the policy lays down that new residential buildings must provide EV charging facilities and also…
Launching of NATIONAL SME MANUFACTURING MISSION
Hon’ble Vice President of India, Shri C. P. Radhakrishnan, then Governor of Maharashtra has launched the “NATIONAL SME…
SEBI to Tighten Listing Rules for Small Businesses
To regulate the public offers of small and medium enterprises (SMEs), SEBI along with market exchanges has decided…
Cheque Bounce Rules: High Court Issues New Order on Non-Prosecution in Certain Cases
In a significant ruling, the Allahabad High Court has determined that the dishonour of cheques from banks that…
Year End Review- 2022 Ministry of Micro, Small & Medium Enterprises
Prime Minister Shri Narendra Modi launched key initiatives for the MSME sector in the ‘Udyami Bharat’ programme -‘Raising…
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Ministry of Finance Year Ender 2024: Department of Financial Services
Department of Financial Services (DFS), Ministry of Finance organized a colloquium of Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery Tribunals (DRTs). Various key initiatives taken by the Department highlighted at the colloquium, such as adoption of revised DRT Regulations, mandatory e-filing, among others. The Department of Financial Services (DFS), […]
Why India needs a homegrown AI model for its MSME sector
India’s MSME ecosystem has unique features that call for a customized approach. There is a growing consensus that India must develop its own basic AI model to address local challenges…
FM, Sitharaman lauds fintechs for boosting digital infrastructure, empowering small businesses and welfare delivery
Finance Minister, Nirmala Sitharaman praised India’s fintech sector for enhancing digital public infrastructure and enabling inclusive financial services for merchants and MSMEs. During a visit to Pine Labs in Noida,…
India needs entrepreneurship 2.0 with risk-taking, visionary founders
India, in fact, was a major exporter to West Asia, where two large empires – the Safavid and the Ottoman – provided a lucrative marketing area. The entrepreneurship that India…
Unlocking New Customer Segments with Advanced Credit-Risk Decisions
Contributed by Shalinee Mimani, CRO of Godrej Capital While credit risk has been systematically identified, analysed, and managed throughout history, the focus on predicting customer behaviour, particularly that of NBFC…
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