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RBI says funding still an issue for small firmsKerala is mulling the idea of establishing a bank that would run according to Islamic banking principles, with the idea of funding welfare programmes for returnee non-resident Keralites.Kerala FM moots Islamic bank ideaKerala FM moots Islamic bank ideaThe good news is that there is no fall, and indeed a rise, in inward remittances to India, but the gloomy side is that in the years ahead, continued prosperity in remittances is not guaranteed.Government provides Rs 7,128 crore for revival of 15 PSUsDespite the fact that general insurance business has been growing at a healthy rate of 16 per cent annually between 2004-05 and 2008-09, its penetration level is just 0.60 per cent of India’s GDP against world average of 2.54 crore for reviving 15 sick Public Sector Enterprises (PSEs), the Minister of State for Heavy Industries and Public Enterprises Arun Yadav said.Shortage of equity and l
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