Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-eclgs-extension-of-msme-refinancing-scheme-might-add-to-banks-exposure-to-stressed-accounts-says-fitch/2230966/ Credit and Finance for MSMEs: Under ECLGS, banks and non-banking financial companies (NBFCs) had already sanctioned 82 per cent or Rs 2.46 lakh
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
A decade later, man searches for two Irish men who helped him escape from Australia in a crate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/magazines/panache/a-decade-later-man-searches-for-two-irish-men-who-helped-him-escape-australia-in-a-crate/articleshow/82007608.cmsSynopsis They helped him into a wooden crate the size of a small fridge. Wait, what are we talking about here?A rather adventurous endeavour
Irdai paves the way for insurance money into startups – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/irdai-paves-the-way-for-insurance-money-into-startups/articleshow/81992542.cmsSynopsis The Irdai’s move comes as a major fillip to scores of startups looking for alternative modes of financing, other than foreign private equity
India should tap global cryptocurrencies to fund SMEs, help grow business: iSPIRT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/india-should-tap-global-cryptocurrencies-to-fund-smes-help-grow-business-ispirt/articleshow/82009378.cmsSynopsis This can be done by allowing validated investors through Indian and global exchanges, which will help bridge the SME financing gap of as
IBC: Can pre-packaged insolvency resolution under IBC be helpful for MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/can-pre-packaged-insolvency-resolution-under-ibc-be-helpful-for-msmes/articleshow/81981074.cmsSynopsis The Code emphasizes on reorganization and insolvency resolution of the Corporate Debtor, while maximizing the value of assets of the CD and promoting
PLI: The first stepping stone on India’s road to global high table – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/pli-the-first-stepping-stone-on-indias-road-to-global-high-table/articleshow/81994521.cms Synopsis–In an increasingly interconnected world, manufacturing has been transformed into a series of dependent processes across countries, which together form large GSCs. With
How to deal with related party transactions in unlisted firms? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/how-to-deal-with-related-party-transactions-in-unlisted-firms/articleshow/82012942.cmsSynopsis For larger economic stability, one cannot undermine the importance of sound governance in unlisted public companies for two reasons. Alby JosephIn the words
Banks slowly warming up to NBFC lending – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banks-slowly-warming-up-to-nbfc-lending/articleshow/82018173.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The commercial papers (CPs) and corporate debt (CDs) deployed together in NBFCs stood at similar levels witnessed in February 2020. Bank credit to non
How to improve the quality of audit in Indian companies – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/how-to-improve-the-quality-of-audit-in-indian-companies/articleshow/82020322.cms Synopsis–‘Audit’ is derived from the Latin word ‘audire’, or ‘to hear’. Recently, it is not the hearing ability but the smell test and
SBI collected Rs 300 crore from zero-balance accounts for certain services in 5 years, reveals study – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/sbi-collects-rs-300-cr-from-zero-balance-accounts-for-certain-services-in-5-yr-study/articleshow/82017181.cmsSynopsis The study observed that the SBI’s decision to levy a charge of Rs 17.70 for every debit transaction beyond four by the BSBDA
Tata Sons build marketplace for small and medium enterprises – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tata-sons-build-marketplace-for-small-and-medium-enterprises/articleshow/82020294.cms Synopsis–In an ambitious venture, Tata Sons is marrying proven models of Chinese e-commerce player Alibaba and Internet firms such as Google and Zoho
When to Say No to Cash Transaction under Income Tax Act, 1961–tax guru
Clipped from: https://taxguru.in/income-tax/cash-transaction-income-tax-act-1961.html A. Income Tax Act, 1961 discourages transactions in cash through several of its provisions. This is done with a view to- counteracting money
The Principle Of “As Is Where Is” And “As Is What Is Basis” In Relation To Secured Assets Purchased In Public Auction Under Sarfaesi Act,2002-IndiaLaw LLP Blog–
Clipped from: https://www.indialaw.in/blog/blog/banking-and-finance/the-principle-of-as-is-where-is-and-as-is-what-is-basis-in-relation-to-secured-assets-purchased-in-public-auction-under-sarfaesi-act2002/ INTRODUCTION As the Legal frame work and mechanism for curtailing and controlling mounting Non- Performing Assets (“NPA”) has become inadequate and outdated which
Mr. Mandava Krishna Chaitanya vs Uco Bank, Asset Management Branch on 21 February, 2018–indian kanoon
Clipped from: https://indiankanoon.org/doc/52706974/Andhra High Court *THE HONBLE SRI JUSTICE SANJAY KUMAR AND THE HONBLE SRI JUSTICE P.KESHAVA RAO WRIT PETITION NO.39084 OF 2017 21-02-2018 Mr. Mandava
Royal Star Trading Company vs Ifci Limited & Anr on 10 September, 2014–indian kanoon
Clipped from: https://indiankanoon.org/doc/107658231/Delhi High Court THE HIGH COURT OF DELHI AT NEW DELHI % Judgment delivered on: 10.09.2014 + W.P.(C) 2005/2012 & CM No.16665/2013 ROYAL STAR
The Concept Of “As-Is Where-Is” And “As-Is What-Is” A Secured Creditor’s Point Of Responsibility? – Finance and Banking – India
Clipped from: https://www.mondaq.com/india/securitization-structured-finance/1044610/the-concept-of-as-is-where-is-and-as-is-what-is-a-secured-creditor39s-point-of-responsibility Introduction As the legal framework for curtailing and controlling mounting Non-Performing Assets (“NPA“) started becoming inadequate, there was a spike in the number
With interoperability of Pre-Paid Instruments, limit hike, your mobile wallet would function as a bank – The Financial Express
Clipped from: https://www.financialexpress.com/money/with-interoperability-of-pre-paid-instruments-limit-hike-your-mobile-wallet-would-function-as-a-bank/2230248/ Soon you may not even need your bank’s mobile banking app or net banking account to transfer money and to do many other
SCAMMED! What are the warning signs and how to stay clear of online scams – The Financial Express
Clipped from: https://www.financialexpress.com/money/scammed-what-are-the-warning-signs-and-how-to-stay-clear-of-online-scams/2230291/ In a bid to avail the best deals and discounts, consumers often unknowingly expose themselves to risks by venturing on malicious websites, where
Net direct tax mop up exceeds revised estimates at Rs 9.45 lakh crore in FY21 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/indias-income-tax-receipts-surpass-revised-budget-target-for-2020/21-official/articleshow/81983940.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Net direct tax collections for the financial year 2020/21 have shown an upswing, despite the inherent challenges brought on by the COVID-19 pandemic,”
Bankers, realtors hail RBI’s move to maintain accommodative policy stance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/bankers-realtors-hail-rbis-move-to-maintain-accommodative-policy-stance/articleshow/81983298.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “The RBI’s accommodative stance to keep the key rates unchanged will be instrumental to achieve sustainable growth of the economy and can be
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