MUMBAI: Indian banks will have to brace themselves for a prolonged period of lower profits resulting from a hit in revenues and almost zero new
Category: MSME-Startup
Coronavirus crisis: SMEs send SoS to govt on salaries; else retrenchment inevitable–Business Today
With factories closed and cash flow virtually dried up, small and medium private firms want the government to come up with financial support for payment
Coronavirus outbreak: Why FM Sitharaman’s decision to relax IBC is an important move for businesses–Business Today
The strengthening of the Covid-19 problem also presents an existential crisis for India’s SMEs and SSMEs which have been grappling with a fall in consumer
India’s MSME sector swells, adds these many enterprises in FY20; micro businesses dominate – The Financial Express
Even when the lockdown period ends, it will take time for the economy to be fully up and running. The 21-day shutdown announced by the
term loans: What 3 month moratorium on repayment of term loans means for borrowers – The Economic Times
By Pragati Kapoor Prima facie, the 3 month moratorium on repayment of term loans by borrowers means that they would not have to pay the
Repayment moratorium covers all loans, including credit card dues: RBI – The Economic Times
Mumbai: The moratorium on loan repayment between March 31 and May 31, is applicable on all types of retail credit, including credit card outstanding balances,
RBI’s rate cut provides the much-needed balm to revive the economy | Business Standard News
A rate cut by the Reserve Bank of India (RBI) was much expected this time and the Governor did not disappoint. The aggressive cut of
RBI slashes repo rate and unleashes other tools to tackle COVID. What does it mean to banks and borrowers? – The Hindu BusinessLine
After dragging its feet over the past two weeks, the RBI stepped up its efforts substantially on Friday, bringing in much-needed relief to banks, corporates
Moratorium on term loans may pose operational challenges for banks – The Hindu BusinessLine
Radhika Merwin In a bid to ease the pain of banks and borrowers owing to the Covid-19 crisis, the RBI has provided three-month moratorium on
Women in leadership: 4 reasons why world needs more women-led businesses than ever – The Financial Express
By Anisha Singh There are more women running Fortune 500 businesses today than at any point in the history of the list. These are words we hear every other year,
India’s MSME sector swells, adds these many enterprises in FY20; micro businesses dominate – The Financial Express
Even when the lockdown period ends, it will take time for the economy to be fully up and running. The 21-day shutdown announced by the
With 75% economy under lockdown, analysts see sharp fall in GDP | Business Standard News
Even when the lockdown period ends, it will take time for the economy to be fully up and running. The 21-day shutdown announced by the
MSMEs are in the ICU; a bandaid will not help, say industry representatives – The Hindu BusinessLine
MSMEs (micro, small and medium enterprises) say it is going to be a nightmare for them for the next 3-6 months even if things get
India’s growth in next 2 quarters won’t be over 3 per cent: Pronab Sen – The Economic Times
New Delhi: Former chief statistician Pronab Sen on Thursday said the country’s growth in the next two quarters will not be more than 3 per
covid 19 impact on smes: Not all SMEs will survive the Covid-19 crisis, but what should an economic bailout package look like? – The Economic Times
The world over, financial packages have already been announced by nations in a bid to restore their economies amid the Coronavirus pandemic gripping countries across
TReDS Route to Discourage Layoffs
The best way for the government to induce employers to not lay off workers rendered redundant by the Covid-19 slowdown and lockdown would be to
MSMEs welcome govt’s decision to bear EPF contribution; to help small businesses in these key areas – The Financial Express
Ease of Doing Business for MSMEs: Finance Minister Nirmala Sitharaman’s decision on Thursday for the government to bear the 24 per cent contribution of both employee
The Centre’s Covid relief package hasn’t cast the net wide enough – The Hindu BusinessLine
The Covid relief package largely focuses on food security; businesses need urgent help too The ₹1.7 lakh crore Prime Minister’s Gareeb Kalyan Yojana seeks to
Financing troubles for banks: Very tough financing situation coming up for banks, NBFCs: Saurabh Mukherjea – The Economic Times
My bigger concern in the stock market is the bond market and the money market. It is looking grim today; there is a pall of
Delay in bank loan repayment: Companies point to ‘act of god’, seek relief – The Economic Times
Mumbai: Business owners from real estate, hospitality and tourism sectors have approached banks citing the “Act of God” clause in their loan covenants to delay
