Public Sector Banks Competing on Equal Footing with Private, Foreign Banks: Union Minister of Commerce and Industry Shri Piyush Goyal https://www.taxtmi.com/news?id=65567 Public sector banks now compete on equal footing with private and foreign banks in extending institutional finance to MSMEs, emphasising timely approvals, adequate capital for capex, opex and working capital, and proactive use of government schemes. The India-New Zealand Free Trade Agreement includes a binding USD 20 billion foreign direct investment commitment over 15 years and contractual clawback provisions if investment targets are not met, expected to drive investment in innovation, manufacturing and exports with MSMEs as key beneficiaries. en-us Tue, 23 Dec 2025 09:53:24 +0530 Tue, 23 Dec 2025 09:53:23 +0530 TaxTMI RSS Generator Public Sector Banks Competing on Equal Footing with Private, Foreign Banks: Union Minister of Commerce and Industry Shri Piyush Goyal https://www.taxtmi.com/news?id=65567 Public sector banks now compete on equal footing with private and foreign banks in extending institutional finance to MSMEs, emphasising timely approvals, adequate capital for capex, opex and working capital, and proactive use of government schemes. The India-New Zealand Free Trade Agreement includes a binding USD 20 billion foreign direct investment commitment over 15 years and contractual clawback provisions if investment targets are not met, expected to drive investment in innovation, manufacturing and exports with MSMEs as key beneficiaries. News - Tue, 23 Dec 2025 09:53:24 +0530 https://www.taxtmi.com/news?id=65567