Monday, Apr 23 2018 | Time 11:26 Hrs(IST)
image image
  • Vice-President Naidu rejects opposition impeachment motion against CJI
  • "People will revolt": workers say Russia must save sanctions-hit Rusal
  • Karvan-e-Aman bus leaves for PoK
  • China state television shows images of N Korea bus accident
  • Snowfall shuts Srinagar-Leh highway
  • Shiv Sena leader Sachin Sawant shot dead
  • Tokyo 2020 must address questions, says IOC's Coates
  • With test freeze, N Korea settles for imperfect nuclear threat
  • China says many Chinese casualties in N Korea traffic accident
  • S Korea halts border propaganda broadcasts, Trump cautious on N Korea crisis
  • G7 foreign ministers' summit opposes Russia's behavior - US official
  • Former Bosnian Serb leader Karadzic to appeal war crimes conviction
  • Korea says has halted propaganda broadcasts at border with North
  • G7 foreign ministers united in opposing Russia's behavior -U S official
  • U S wants N Korea to dismantle nuclear arms for sanctions relief -report
Business Economy Share

Have end to end solutions: RBI ED to banks

Panaji, Oct 6 (UNI) RBI Executive Director Surekha Marandi on Friday advised banks in Goa to have end to end solutions, right from the input to marketing.
Addressing bankers at sustained Credit Outreach for Rural Empowerment (SCORE) programme through video conference at a hotel in the city she said,''We need to have end to end solutions right from input to the marketing till the end results.''
''For example in Tamil Nadu there is lot of advancement in the field of fishing. May be you can talk to people there who have worked for the fishing industry. They have got self help group federations which buy fishes which come in from sea and do the marketing. Its same people who are in fishing as well as marketing. Its a chain managed by the fishing community,'' she said.
She said though CD (credit deposit) ratio in the state was very low but there was lot of scope of improvement and lot of Small Medium Enterprises (SMEs) could come out in the state as people in the state were educated.
Giving example of Vietnam where there was vibrant small and medium sector, she suggested the banks to have tie up with Small Industries Development Bank of India (SIDBI) to see how to develop small and micro enterprises in the state.
Stating that tourism which was a great earner for the state could be developed further and more facilities could be developed.
Ms Marandi also advised the banks to have impact assessment of projects from time to time at State Level Bankers' Committee (SLBC) level.
UNI AKM 1745
More News
Delhi HC notice to RBI, Govt, GSTC over circular to ban crypto currency

Delhi HC notice to RBI, Govt, GSTC over circular to ban crypto currency

22 Apr 2018 | 11:07 PM

New Delhi, April 22 (UNI) The Delhi High Court has issued notices to Reserve Bank of India (RBI), the Union Government and the GST Council on a plea challenging a recent circular of the RBI which withdrew banking support to Virtual Currency Exchanges like crypto currencies.

 Sharesee more..

Mahindra Electric and Meru join hands to deploy Electric Vehicles

22 Apr 2018 | 4:44 PM

Hyderabad, Apr 22 (UNI) On the occasion of Earth Day, Mahindra Electric, part of the diversified USD 19 billion Mahindra Group and Meru, the pioneer of tech enabled cab services on Sundy announced a collaboration for a pilot EV project in Hyderabad with the intention to replicate the same model in other cities soon.

 Sharesee more..
India's growth to expand 7 4 pc in next fiscal: RBI Governor

India's growth to expand 7 4 pc in next fiscal: RBI Governor

22 Apr 2018 | 2:10 PM

New Delhi, Apr 22 (UNI) India's growth is expected to expand at 7.4 per cent in the next fiscal, RBI Governor Urjit Patel said.

 Sharesee more..

Banks not investing enough on data infrastructue : Accenture

22 Apr 2018 | 1:04 PM

New Delhi, Apr 22 (UNI) A new report from technology major Accenture has found that many banks have not invested in the capabilities to verify the validity and accuracy of their data.

 Sharesee more..

IBC, RERA pitted against each other: Study

22 Apr 2018 | 10:50 AM

New Delhi, Apr 22(UNI) The two laws enacted in 2016 may have the best of intentions, but the Insolvency and Bankruptcy Code (Code) and the Real Estate (Regulation and Development) Act appear to be pitted against each other when it comes resolving interest of bankers and home-buyers, an ASSOCHAM- Thought Arbitrage paper said.

 Sharesee more..