Sunday , 22 September 2019
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B & C

“The state has to take the initiative to popularize GeM’

A central government initiative is on to encourage the adoption of the government e-marketplace (GeM) by states. In the following interview, Srikanth Douripalli, regional manager, GeM- Goa, talks to Shoma Patnaik on range of issues. He says that, Goa’s presence on the national public procurement portal is nascent as yet, but likely to pick up in future as local units …

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Local business keen on coming on board

In August 9 206, the ministry of commerce and industry launched the government e marketplace (GeM) to replace the public procurement wing called the directorate general of supplies and disposals (DGS&D.

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RBI to permit banks to guarantee NBFC loans due to default fears

The Reserve Bank of India (RBI) sought to ease a massive credit crunch affecting non-banking finance companies (NBFCs) by allowing banks to act as partial guarantors for some of their existing debt which should make it easier to refinance.

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The dark horses leading the race

 By Tensing Rodrigues*   “Emerging economies have accounted for almost two-thirds of the world’s GDP growth and more than half of new consumption over the past 15 years,” says a September 2018 report of McKinsey Global Institute.

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Online payment facility at Aldona village panchayat

HDFC Bank partnered with Aldona village panchayat to set up online payment gateway for the village. Residents will now be able to pay their house taxes online in a quick and convenient manner from the comfort of their homes or offices. The bank has also set up point-of-sale (PoS) terminals at the panchayat office for cashless payment of taxes using …

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BOB’s vigilance awareness walkathon

Bank of Baroda (BOB), Panaji, celebrated vigilance awareness week with a walkathon for creating awareness on eradication of corruption. The walkathon, on October 29, started from BOB, regional office, Metropollis II, St. Inez, en-routing Caculo Mall, Bal Bhawan, Kala Academy, St. Inez Junction, Madhuban Circle.

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