Category: MSME-Startup

Summary Unless banks can get hold of them, repayments stand automatically deferred under the new rules. Credit card outstanding balances have tripled since the global financial

Lockdown impact: The council felt that the COVID-19 pandemic and the national lockdown would slow down domestic activity and impact cash flows of financial institutions

Growth was already slowing before the corona outbreak; forcing industry to pay full wages imperils MSMEs’ survival Indeed, for many, the wage bill, at a

Summary Small non-banking finance companies continued to be shunned by banks, which availed only half of the Rs 25,000-crore refinance offered by the RBI for lending

The Noida Entrepreneurs’ Association (NEA) which has approximately 3,000 MSMEs as its members in western Uttar Pradesh’s Gautam Buddh Nagar, have sought government help so

Wood said India has not really had a negative consumer credit cycle since the inception of his portfolio in 2002 but this is probably about

India’s FDI decision is meant to be used as a diplomatic lever in dealing with Beijing. In the new scenario, Chinese companies may be forced

How can one mitigate this disaster? The key to it lies in getting people back to work as soon as possible, with such safety as

A mandatory offer of credit is not outrageous in the present circumstances Representative image. (Credit: iStock Photo) On April 23, bankers effectively told the Reserve

RBI must venture into unconventional monetary policy and design alternatives to significantly ease the pressures of financing on the state governments. RBI could opt for

He warned one has to be careful about the fiscal packages, and has to make sure they do not shake currency and hike interest rates.

Getting the basics right holds the key. This would involve first acknowledging that a large population has lost incomes, savings and jobs and second, consumption

Structural reforms are urgently required for reducing the cost of doing business as well as to renew confidence in the economy and support the recovery

Reserve Bank of India may revisit old corporate debt restructuring schemes as current regulatory framework of dealing with stressed assets would only accelerate bankruptcies RBI

Friday’s meeting follows a wide range of deliberations held within the government and with eminent experts. On Wednesday, Senior PMO officials had a videoconference with