Clipped from: https://www.business-standard.com The Rs 3-trillion booster dose may help bring MSMEs back on the rails but to whom will they supply goods? It’s time to
Category: Economy
Making sense of forex reserves–ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/ India’s foreign exchange reserves have crossed $500 billion. For some, this is a cause for national pride. For some others, it is a
Atmanirbhar Presentation Part-1 Business including MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore of collateral-free loans for small businesses, cut the tax rate for non-salary
Interest waiver: SBI, IBA tell SC move may hit credit flows – The Financial Express
Clipped from: https://www.financialexpress.com Court relents, says its concern is only over ‘interest on interest’ Reinforcing the view taken by the banking regulator RBI, State Bank of India (SBI), the
Shares, FDs, property, mutual funds: If 1st holder dies will joint holder get money or nominee? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/shares-fds-property-mutual-funds-if-1st-holder-dies-will-joint-holder-get-money-or-nominee/primeshow/76320351.cms Shares, FDs, property, mutual funds: If 1st holder dies will joint holder get money or nominee? Assets such as shares, fixed deposits, mutual
India needs fresh reforms, recovery key to retain rating: S&P – The Economic Times
Clipped from: https://economictimes.indiatimes.com “The pace and scale of India’s economic recovery will be crucial to the sovereign rating because the high pace of its trend growth
Why India needs a new bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com For post-Covid recovery, banks must be free of their bad-loan burden. State Bank of IndiaNSE 1.13 % and the Indian Banks’ Association have once
India’s Forex Reserves cross half trillion dollars for the first time – The Economic Times
Clipped from: https://economictimes.indiatimes.com A strong kitty allows the RBI to timely intervene in forward and spot currency markets. MUMBAI: India’s foreign exchange reserves rose $8.2 billion in the
Nitin gadkari: Planning to make MSME stock exchange and e-market place like Amazon: Nitin Gadkari – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com Micro, Small and Medium Enterprises Minister Nitin Gadkari attended ‘Mahabiz’ organised by Gulf Maharashtra Business Forum on June 12 via video-conferencing. While addressing
RBI: Waiver of interest charged during moratorium: SC asks Centre, RBI to hold meet in three days – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ A bench of Justices Ashok Bhushan, S K Kaul and M R Shah said the question is not of waiver of complete interest
MSME: Government gives leeway to MSMEs from penalties, interest for GST non compliance – The Economic Times
Clipped from: https://economictimes.indiatimes.com Industry trackers say that the government is trying to do a balancing act as it needs more revenue through GST but also doesn’t
Need many more banks … need to fix governance in PSBs: Manish Sabharwal | Business News,The Indian Express
Clipped from: https://indianexpress.com Sabharwal said the binding constraint for companies is not labour, but to get back consumers, and the complete end of the lockdown. Manish
‘Retail loans approvals set to fall, defaults may rise’ | Business News,The Indian Express
Clipped from: https://indianexpress.com Cautioning about a rise in defaults, it said, “The inability of some consumers to pay their debts post the moratorium period ending is
Lockdown news in India: No more lockdown please: They only induce institutional sloth
Clipped from: https://timesofindia.indiatimes.com With cases rising after the lifting of the lockdown, some state governments are again considering the reimposition of restrictions. Rajasthan has seen a
Why the stimulus won’t work: Public sector banks are not equipped to implement Covid stimulus package–times of india
Clipped from: https://timesofindia.indiatimes.com The Centre’s recent stimulus package of Rs 20 lakh crore to tackle the economic disruption caused by the spread of the novel coronavirus,
Handholding banks must to execute MSME loan scheme; here’s what govt can do to address on-ground issues – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: While various stakeholders have appreciated the bold move to set up a fund of funds, it will stress
MSME NPAs to be a double whammy for small business sentiments; these added measures may get mojo back – The Financial Express
Clipped from: https://www.financialexpress.com/ Ease of Doing Business for MSMEs: The viability of the accounts should be worked out and their loan commitments should be rescheduled wherever
Bad bank may not be a potent option to address bad loan woes: CEA Krishnamurthy Subramanian – The Financial Express
Clipped from: https://www.financialexpress.com/ Subramanian said when a bank sells bad loans, it has to take a haircut because when Rs 100 goes bad, the actual amount
Why India should have a new bad bank–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/why-india-should-have-a-new-bad-bank/ The proposal for a new bad bank has been doing the rounds at least since 2018, but has stalled on the vital question
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