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CCI dismisses complaints against GNIDA, Noida Authority

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Fair Trade Watchdog CCI has dismissed complaints of misuse of key positions against Greater Noida Industrial Development Authority (GNIDA) and New Okhla Industrial Development Authority (NOIDA). Passing the order in this regard, the Competition Commission (CCI) said that it expects GNIDA and NOIDA officials to consider the issues raised on the complaints in a “non-adversarial” …

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MFIs want emergency credit line, partial credit guarantee scheme from RBI to fight second wave of COVID-19

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Sa-Dhan, one of Microlenders’ largest industrial corporations, has written to the Reserve Bank of India (RBI) seeking an emergency credit line to address the challenges posed by the second wave of COVID-19. Microfinance Institutions (MFIs) are companies that lend money to small lenders by 22-24 percent and mainly get money from banks to do business. …

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