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The recent data on bank credit released by the Reserve Bank of India (RBI) reveals that the contraction in incremental credit outstanding to the services as well as the industrial segments, offset the entire growth in credit to the retail segment during the seven months of this fiscal. Within services, the credit outstanding to NBFCs has increased.

Bank credit rose 15 pc in December

Chennai: Bank credit rose by a robust 15 per cent in December, supported by 20 per cent growth in retail loans and 35...

6 Feb 2023 12:52 PM IST

Congress leader Mallu Ravi (Twitter)

Mallu Ravi urges Union Minister not to merge NJB with Kolkata

HYDERABAD: TPCC senior vice-president Mallu Ravi wrote to Union textiles minister Piyush Goyal against merging the...

28 Jan 2023 12:45 AM IST

Telangana High Court (Image: DC)

Petitions against ICFAI maintainable, says HC

Justice K. Lakshman of the Telangana High Court on Thursday ruled that writ petitions against ICFAI were maintainable....

5 Jan 2023 11:46 PM IST

Seen any lately? RBI says the number of Rs 2,000 currency notes in circulation has come down from 33,632 lakh pieces at the end of March 2018 to 27,398 lakh pieces at end of March 2020. (PTI file photo)

Telangana-'s industry-friendly tag a total hogwash

State doles out only Rs.12 crore of Rs.2500 crore sops from MSMEs

8 Dec 2022 12:24 AM IST

Numaish to start on January 1

Numaish to start on January 1

Organisers expect 20 lakh footfall for the popular 46-day event

5 Dec 2022 12:19 AM IST

The proposed amendments would facilitate the development of a carbon market in India and prescribe minimum consumption of renewable energy. (Representational image: PTI)

Andhra Pradesh lauded for energy efficiency projects

VIJAYAWADA: Andhra Pradesh stood first by submitting the highest of 16 energy efficiency financing projects to the Union...

13 Oct 2022 1:11 AM IST

Fintech players are disrupting this space with their advanced technology and by providing flexible benefits plan to these MSMEs.

MSMEsâ€™ headcount jumps 45% in 2 yrs

Chennai: MSMEs have increased their headcount by 45 per cent in the past two years and by 15 per cent in the last one...

13 Sept 2022 1:24 PM IST

Tamil Nadu Chief Minister MK Stalin addresses the 76th Independence Day celebrations at Fort St George, in Chennai, Monday, Aug. 15, 2022. (PTI Photo/R Senthil Kumar)

CM Stalin announces sops for home textiles sector

Chennai: Chief Minister M K Stalin announced the inclusion of home textiles manufacturing industry in the ‘Thrust...

26 Aug 2022 4:54 PM IST