Reserve Bank of India (RBI) Governor Shaktikanta Das-chaired Monetary Policy Committee (MPC) raised the repo rate by 50 basis points (bps) to 5.40 percent.
The SVC Co-operative Bank (SVC Bank) has entered into an agreement with the Small Industries Development Bank in India (SIDBI) to improve the flow of credit to MSMEs.
Union Minister for Commerce & Industry Piyush Goyal announced that India has achieved a landmark milestone, as there are 75000 startups in the country.
EXAMIANS