Vayana Network, which lends to small and medium enterprises, has doubled loan disbursals to $2 billion (Rs 15,000 crore) by end-March, helped by rapid growth in the
Day: April 13, 2019
MSME: There’s a need to technologically enhance invoice discounting in India
By Nipun Kohli One of the leading impediments to overall health and sustainability of supply chains is the uncertainty in payments. As a consequence, the small-scale
An MSME-focused credit risk database will help both lenders and enterprises – The Financial Express
By Savita Shankar The micro, small, and medium enterprise (MSME) sector is estimated to comprise of over 63 million enterprises and contributes 28.8% to the
RBI Feb 12 circular: Why IBA wants ‘one-day default’ rule scrapped – The Financial Express
By Mitali Salian Banks have suggested the ‘one-day default’ rule be done away with recommending instead they be given 30 days post a default to
Essar Steel insolvency case: SC stops ArcelorMittal’s Rs 42,000 crore payment bid – The Financial Express
The appellate tribunal on March 18 had refused to stay the NCLT’s order approving ArcelorMittal’s bid to take over Essar Steel. The Supreme Court on
RBI should not cut its policy interest rate any further, says IMF | Business Standard News
The Reserve Bank of India (RBI) should not cut its policy interest rate any further, the International Monetary Fund (IMF) has said. It should, instead, keep the
Our bankruptcy code is world-class – The Hindu BusinessLine
The endeavour of every nation is to continuously improve business regulation to make it easier to do business. The World Bank conducts an annual examination
India’s bankruptcy delays lift bidders’ funding tab: JSW Steel – The Hindu BusinessLine
Delays in the sale of assets under India’s bankruptcy law are becoming a key challenge for bidders who cannot wait indefinitely because of funding constraints,
A little bit of NYAY: Congress’s welfare scheme is morally ambiguous, fiscally ruinous and impractical–Times of India
After a long time, a game changing idea came from the Congress party. NYAY – or Nyuntam Aay Yojana (Minimum Wage Scheme) – aims to
Supreme Court’s interim order on electoral bonds is disappointing | columns | Hindustan Times
In a democratic system that does not have publicly funded elections (such as ours), it therefore becomes crucially important for the public to know who
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