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Madras Stock Exchange to close doors

Considered as one of the first stock exchanges to be inaugurated in 1937, the Madras Stock Exchange which celebrated its 75th year anniversary two years back, is expected to close its doors.

Give benefit of differential rate to MSE sector: RBI to banks

The Reserve Bank on Tuesday asked banks to give the benefit of differential rate of interest to micro and small enterprises (MSE) on the basis of credit guarantee cover.

RBI allows MSEs to sell stake to foreign investors

The Reserve Bank has allowed micro and small enterprises (MSEs) who have de-registered their small scale industry status to sell stake to foreign investors to help them attract funds.