Clipped from: https://www.business-standard.com/ Can the bank take shelter under the omnibus problems caused by the Covid-19 crisis to indiscriminately cut down on the sanctioned credit limits
Category: MSME-Startup
No need to worry about food inflation for six months, says expert – The Financial Express
Clipped from: https://www.financialexpress.com/ The buffer stock has been procured by the government at Rs 37 per kg and Rs 27 per kg for wheat, and this
Reserve Bank of India should keep its powder dry, use ammunition with caution: Former RBI governor D Subbarao – The Financial Express
Clipped from: https://www.financialexpress.com Subbarao explained that one thing about the current crisis around the world is that fiscal policy has no room but it has traction
Stimulus: The faster, bigger, the better–Economic Times
Clipped from: https://economictimes.indiatimes.com Dire forecasts of GDP growth plunging deep into the negative territory might or might not be precise, but precision is not the point.
GDP growth: India’s GDP growth may rebound to 5 pc in FY22, says Duvvuri Subbarao – The Economic Times
Clipped from: https://economictimes.indiatimes.com Indian economy may expand by around 5% in the next financial year,ex-RBI guv Duvvuri Subbarao said. The country’s economy, which is likely to
PSBs to provide emergency credit to MSMEs at 7.5% interest rate – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Businesses, including micro, small and medium enterprises (MSMEs), with an annual turnover of ₹100 crore, are likely to get emergency credit at 175 basis
Supply chain blocks, lack of labour push MSMEs in Chennai to the brink | Business Standard News
Clipped from: https://www.financialexpress.com Data available with insolvency regulator IBBI show, proceedings in 2,170 cases were going on as of March 2020. Typically most of the insolvent firms are
Government proposal: MSMEs may seek own insolvency – The Financial Express
Clipped from: https://www.financialexpress.com Data available with insolvency regulator IBBI show, proceedings in 2,170 cases were going on as of March 2020. Typically most of the insolvent firms are
RBI’s loan moratorium may spell trouble for NBFCs looking for funds, as investors’ trust weakens – The Financial Express
Clipped from: https://www.financialexpress.com/ The effect of loan moratorium is expected to make a dent in the liquidity profiles of non-banking finance companies. RBI’s decision to extend
Reforms in a Covid era: World trade will rise again. Here’s how India can ready itself to take advantage
Clipped from: https://timesofindia.indiatimes.com Finance minister Nirmala Sitharaman has taken most observers by surprise by including wide ranging reforms in her stimulus package. Alongside, some states have
Delink worker security from jobs–Economic Times
Clipped from: https://economictimes.indiatimes.com The corona pandemic underscores the need for the government to recast social security and health insurance benefits for workers and delink them from
FM Nirmala Sitharaman’s MSME loans not disbursed–Economic Times
Clipped from: https://economictimes.indiatimes.com Finance Minister Nirmala Sitharaman presented a cleverly devised fiscal stimulus cum liquidity package of Rs 20 lakhs crore (10% of GDP) whose direct
Non-MSMEs to get cheap, govt-guaranteed loans too – The Economic Times
Clipped from: https://economictimes.indiatimes.com While the scheme has been broadly referred to as the MSME guarantee scheme, the terms of coverage are quite broad and will include
RBI’s moves may not really help revive credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com However, it is good to see the central bank taking a realistic view of the economy In yet another monetary policy offensive that
A case for an urban MGNREGA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-case-for-an-urban-mgnrega/article31680518.ece The urban poor have been hit harder than their rural counterparts by Covid, but policy attention is missing The case for an urban
An economic mess is staring in the face – The Financial Express
Clipped from: https://www.financialexpress.com Deeper contraction in output and sustained inflationary pressures could be policymakers’ nightmare It is now apparent that India’s economic fate is synchronised with
Major industries, govt agencies owe about Rs 5 lakh crore in outstanding dues to MSMEs: Nitin Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com “State governments, their ministries and public sector undertakings, Government of India, its ministries and undertakings, and major industries combined owe an estimated Rs
Banks may need capital for provisions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Bankers say that the RBI may have to tweak rules that demand provisioning if the existing promoters are retained after a loan restructuring.
No case to stop voluntary insolvency–Economic Times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/no-case-to-stop-voluntary-insolvency/ The move to hold the Insolvency and Bankruptcy Code (IBC) in abeyance for one year on account of Covid-19 has an unintended consequence.
Stimulus calls for a bond–market–Economic Times
Clipped from: https://economictimes.indiatimes.com The Centre needs to provide focused policy attention for an active and vibrant corporate bond market, so as to raise long-term funds for