MSME Day celebrated by Bank of Baroda
Chandigarh: Bank of Baroda, Chandigarh region celebrated International MSME Day here with Sammita Sachdev, regional head & Tejinder Pal Singh, SMElF-Head, Bank of Baroda, Chandigarh Region welcoming the customers of the Bank. Rachna Dikshit, General Manager (FIDD), Reserve Bank of India graced the occasion and addressed the gathering with RBI’s role in development of MSME Sector (Micro, Small and Medium Entrepreneur). Keshav Garg, GST Advisor, enlightened the audience with application of GST and its impact on MSME. MSME Team of the Bank explained various products available for MSME sector. Around 150 entrepreneurs participated. Bank also felicitated female entrepreneurs, youngest entrepreneur, senior most entrepreneur, physical challenged entrepreneur and from Pradhan Mantri’s Mudra Yojna (PMMY).
NAREDCO welcomes GST law
Chandigarh: National Real Estate Development Council (NAREDCO) on Wednesday welcomed the Centre’s goal to consolidate taxes under the GST, set to be launched on July 1, to boost country’s growth exponentially. Highlighting few problems, NARDECO president Parveen Jain said that there are some “unresolved issues” emanating from the GST for the housing sector which need immediate attention.
Sunheart Tiles opens its Galleria at Panchkula
Panchkula: Sunheart Tiles opened its exclusive franchisee showroom “Sunheart Galleria” in Panchkula, the company’s 1st showroom in the city and 25th in India. The company said Tricity & Himachal Pradesh are most promising market for the company and opening of the huge showroom is its first step towards the commitment for the people.
SBI considers Punjab & Haryana as significant mkts
Chandigarh: Pushan Mahapatra, MD & CEO, SBI General Insurance, on his visit to the city said Insurance penetration is low in our country owning to lack of awareness and inaccessibility to insurance products. “We are focused on creating a strong presence in the North and offer a varied portfolio of insurance products customized to suit both the personal and business needs of our customers,” he said. He said SBI General considers both Punjab and Haryana as significant markets and currently it has 6 branches in Punjab and 3 in Haryana.