interest

Equalisation of interest for MSMEs extended till August 31

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Equalisation of interest for MSMEs extended till August 31

New Delhi: The Centre on Friday extended the interest equalisation scheme on pre- and post-shipment rupee export credit by two months for the micro, small and medium enterprises (MSMEs). The scheme, which seeks to promote outbound shipments by providing interest benefits to exporters, was to end on June 30. It has now been extended to … Read more

Demat, MF A/cs won’t be frozen for not filing nomination

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Demat, MF A/cs won’t be frozen for not filing nomination

The Securities and Exchange Board of India (Sebi) on Monday said it would not freeze demat accounts and mutual fund folios of investors if they didn’t submit nomination. The decision for existing investors has been taken based on representation from market participants as it would ease compliance and investor confidence. Investors holding securities in physical … Read more