ICICI Bank Friday said it has singed a memorandum of understanding with Small Business FinCredit India Pvt Ltd (SBFC) to jointly provide credit to micro,
Category: MSME-Startup
MSMEs need more access to formal finance–Economic Times
Tensions are defusing between the government and the Reserve Bank of India. A proof of a rapprochement is the RBIs latest decision on concessions to
Unavoidable option – The Hindu BusinessLine
RBI’s lifeline to MSMEs was inevitable given the extraneous events that have landed them in crisis The evergreening of large corporate loans is at the
RBI: Reserve Bank of India surprises by reversing debt revamp stance – The Economic Times
by Ronojoy Mazumdar The Reserve Bank of India will permit lenders to restructure stressed loans to small companies, breaking from a five-year-old policy of eschewing sweeping corporate
MSME: RBI provides 1-year loan rejig window for MSMEs
The Reserve Bank of India (RBI) has opened a loan-restructuring window for micro, small and medium enterprises (MSMEs) for a year, yielding to a key demand of
RBI loan recast gift to MSMEs: Proposed to Urjit Patel, applied by Shaktikanta Das, hailed by Gurumurthy – The Financial Express
The loan restructuring plan for MSMEs, then called by Fitch Ratings as a “step backwards” when proposed in November, has now been hailed by S
Rational Expectations: Fix government policy, or NPAs will rise again – The Financial Express
A severe stress situation is one where, for instance, GDP growth collapses to 5% in FY19 and then to 4.4% in FY20 while the fiscal
Extend loan restructuring scheme to MSMEs not yet registered under GST: Industry – The Financial Express
The Reserve Bank of India (RBI) Tuesday allowed a one-time restructuring of the existing debt of up to Rs 25 crore for the companies that
How a bad loan farce gets another rerun after U-turn in RBI’s philosophy | Business Standard News
A new year, a new central bank governor. Yet the first salvo to come out of the Reserve Bank of India’s policy arsenal in 2019
RBI for one-time restructuring of MSME loans – The Hindu BusinessLine
In a breather to the micro, small and medium enterprise (MSME) sector, the Reserve Bank of India has decided to permit one-time restructuring of existing
RBI gives relief to MSME sector, provides for one-time restructuring of loans – The Financial Express
The RBI permitted a one-time restructuring of existing loans to MSMEs that are in default but ‘standard” as on January 1, 2019, the central bank
Clogged credit is biggest pain point – The Hindu BusinessLine
Micro, small and medium enterprises (MSME), the backbone of the manufacturing industry and generator of millions of jobs in the country, continued with their struggle
RBI for one-time restructuring of MSME loans – The Hindu BusinessLine
In a breather to the micro, small and medium enterprise (MSME) sector, the Reserve Bank of India has decided to permit one-time restructuring of existing
Exporters look forward to online refund of input tax credit – The Hindu BusinessLine
Exporters can hope for speedier refund of input tax credit (ITC) from the next fiscal with the GST Council recommending online refund of the tax.
₹75-lakh threshold could help over 60 lakh MSMEs escape GST net – The Hindu BusinessLine
May cost exchequer 5,500 cr, but will boost small units by cutting compliance cost Over 60 lakh assessees may come out from the Goods and
MSME: How alternative lending models are facilitating better access to credit for the MSME sector – The Economic Times
By Gaurav Kumar Nearly 60 million businesses comprise the MSME (Micro, Small, and Medium Enterprises) sector in India, which is responsible for driving a substantial amount of
Ecommerce Policy: Modi’s e-commerce policy: Here are the winners and losers
The new dispensation seeks to ensure that these platforms are truly impartial marketplaces. The recent tightening of norms for online marketplaces with foreign investment are
DIPP: Faster patents for women, small business – The Economic Times
The government has proposed to fast-track patent applications from women and small businesses in its latest bid to encourage innovation from new category of innovators. Currently, the benefit of
Over 1.12 lakh MSME loan applications approved under ’59 minutes’ scheme; here’s what govt told Lok Sabha – The Financial Express
Public sector banks have approved more than 1.12 lakh loan applications of MSMEs totalling Rs 37,412 crore under the ’59 minutes’ loan scheme launched by
GST relief for MSMEs: State finance ministers may recommend raising of threshold to Rs 75 lakh – The Financial Express
Sushil Kumar Modi told FE that a proposal to raise the exemption threshold was found to be more practical than tax refunds in providing relief
