Date :5th Oct - 11th Oct , 2015
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Monthly Economic & Commercial Reports from Neighbouring Countries |
BankingNon Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) - Directions - Modifications
In terms of extant instructions on pricing of credit by MFIs, the maximum variance between the minimum and maximum interest rate on loans cannot exceed 4 per cent..
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Regularisation of assets held abroad by a person resident in India under Foreign Exchange Management Act, 1999
The Government of India has enacted The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Black Money Act) on May 26, 2015 to address ..
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EconomyChange in Bank Rate
As announced, the Bank Rate stands adjusted by 50 basis points from 8.25 per cent to 7.75 per cent with effect from September 29, 2015.. |
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