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Category: MSME-Startup
RBI gives another big bonanza, this time to NBFCs, stressed borrowers, rural sector, MSMEs
New Delhi: The Reserve Bank of India (RBI) Friday announced a series of measures to ease the pressure on non-banking finance companies (NBFCs), and improve credit
Government must guarantee all working capital loans–Deccan Chronicle
The Reserve Bank of India has announced a set of measures to provide liquidity support to crucial sectors like real estate, small businesses and agriculture
RBI announces fresh measures: But a comprehensive stimulus package from government is desperately needed–Times of India
RBI governor Shaktikanta Das has unveiled a second round of measures in the midst of the Covid-19 outbreak to maintain liquidity in the system and
Large fiscal stimulus needed: Else we’re looking at bankruptcies, mass unemployment–Times of India
The unique aspect of the world’s battle against the Covid-19 outbreak is that the first line of defence against it has catastrophic economic consequences. The
Banks red-flag looming retail loan default, push for 6-month moratorium | Business News,The Indian Express
The possibility of loan defaults spilling over from the corporate sector to the retail segment, a key growth area for lenders in recent years, has
6 critical steps to take during the lockdown to fix your finances | Business News,The Indian Express
What was it that you were telling yourself about not having a financial plan? You didn’t have the time? You didn’t have the expertise? You
RBI slashes reverse repo to 3.75 per cent, hints at further rate cut – The Hindu BusinessLine
The Reserve Bank of India on Friday unveiled the second tranche of liquidity and regulatory measures that are aimed at defusing the Covid-19-induced crisis. Announcing
COVID-19 crisis: Govt weighing guarantee for loans to critical sectors, says CEA – The Financial Express
The Centre had budgeted gross market borrowing of Rs 7.8 lakh crore for FY21 and had recently announced its plan to borrow roughly 62.5% of
RBI’s Mostly Welcome Relief Measures–Economic Times
The Reserve Bank of India (RBI) should stop relying on the banks to push money where it belongs, in the hands of stressed industry. Instead
Ashok Leyland seeks govt support for MSMEs post lockdown to kickstart economy – The Economic Times
NEW DELHI: Micro, small and medium enterprises, which form the backbone of Indian industry, will need to be supported by the government to kick-start the economy after lockdown is lifted, according
Govt increases loss coverage for micro loan defaults to 75% from 50% earlier – The Economic Times
New Delhi: The finance ministry has increased coverage of a lender’s loss in case of loan default under the Credit Guarantee Fund for Micro Units (CGFMU) scheme
Money, money everywhere but not a drop to those in need – The Economic Times
Mumbai: The Reserve Bank of India is throwing money from its rooftop so that banks lend. Yes, they are lending, but not to you and me, but the RBI itself. One
In the protracted fight against Covid-19, RBI has done all the heavy lifting to date – The Economic Times
This is not to say RBI hasn’t done a great deal. It has done most, if not all, of ‘whatever it takes’ and without any
Now, all eyes on fiscal package | Deccan Herald
By Suvashree Ghosh, Subhadip Sircar, Nupur Acharya and Vrishti Beniwal India’s government and central bank are trying to cushion an economy that was slowing even
RBI Governor expects a V-shaped recovery for India in 2021-22 – The Economic Times
The governor said that in the period ahead, inflation could recede even further, barring supply disruption shocks and may even settle well below the target
Layoffs: Labour ministry to compile data on layoffs, pay cuts – The Economic Times
New Delhi: The Employees Provident Fund Organisation (EPFO) and Employees State Insurance Corporation (ESIC) have been asked to collate data on job losses, salary cuts and
RBI announcements today: RBI announces second tranche of liquidity boost; cuts reverse repo by 25 basis points, Rs 50,000 crore TLTRO 2.0 for NBFCs – The Economic Times
The RBI today announced a second tranche of liquidity boost for the economy wth a 25 basis point reverse repo cut taking it to 3.75 per cent from 4
Layoffs: Labour ministry to compile data on layoffs, pay cuts – The Economic Times
New Delhi: The Employees Provident Fund Organisation (EPFO) and Employees State Insurance Corporation (ESIC) have been asked to collate data on job losses, salary cuts and
Covid-19: Big relief for MSMEs in IT/ITeS as govt waives off rent for units based in tech parks – The Financial Express
Technology for MSMEs: The government has decided to provide relief to IT/ITeS MSMEs and startups based in Software Technology Parks of India (STPI) amid Covid-19 crisis
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