Clipped from: https://indianexpress.com/article/opinion/editorials/rbi-rs-50000-crore-support-healthcare-coronavirus-7303491/ RBI measures to ease flows to health sector, small businesses are welcome. Greater government support is needed. The central bank has provided an
Category: MSME-Startup
RBI unleashes another round of quantitative easing to limit economic damage of the second wave–times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/rbi-unleashes-another-round-of-quantitative-easing-to-limit-economic-damage-of-the-second-wave/Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who respond
RBI’s rescue act | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-rescue-act-121050501378_1.html The move to avoid the moratorium route is a wise one The Reserve Bank of India (RBI) did most of the heavy lifting
Necessary, RBI, but not sufficient – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/necessary-rbi-but-not-sufficient/articleshow/82414410.cmsSynopsis What industry needs more than additional pools of liquidity is discretion with bank branch managers to decide what kinds of leniency their clients
RBI tells MFIs to improve governance, loan appraisal system; assesses pandemic-led stress – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/rbi-tells-mfis-to-improve-governance-loan-appraisal-system-assesses-pandemic-led-stress/articleshow/82390392.cmsSynopsis The central bank governor Shaktikanta Das called on these lenders Monday to assess the ground level situation—going beyond the accounting numbers of micro
Start-ups connect India with novel features in times of coronavirus | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/startups-connect-india-with-talk-to-type-audio-only-in-covid-times-121050400822_1.html Companies such as Chingari and Koo roll out audio-only and talk-to-type features to keep people connected amid the pandemic At a time when
Performance-linked incentives fail to excite solar manufacturing firms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/performance-linked-incentives-fail-to-excite-solar-manufacturing-firms-121050401398_1.html Domestic manufacturers could end up getting barely 3-5 per cent of the sale value of their solar cells and modules as incentives through
PLI scheme guidelines for food processing don’t have measures to benefit MSMEs, says industry body AIFPA – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/pli-scheme-guidelines-for-food-processing-dont-have-measures-to-benefit-msmes-says-industry-body-aifpa/2245750/ Ease of Doing Business for MSMEs: The Ministry of Food Processing Industries on Monday had issued the PLI guidelines for the food processing
Banks, NBFCs ask RBI to relax bad loan rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-nbfcs-ask-rbi-to-relax-bad-loan-rules/articleshow/82396212.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Want central bank to classify second Covid wave as national natural calamity A second Covid wave many times worse the first has prompted
Pessimism on the rise: Consumer sentiment weakens in April amid Covid surge | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/pessimism-on-the-rise-121050300935_1.html Consumer sentiments have been battered particularly badly during the last three weeks The raging second wave of Covid-19 has had an adverse impact
Silence over labour reforms during state elections signals a deeper shift – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-silence-over-labour-reforms-during-state-elections-signals-a-deeper-shift/articleshow/82375994.cms Synopsis–In a scenario where access to oxygen cylinders, medicines, hospital beds is near impossible, none of the usual issues — GDP guesstimates, spiralling
Why MSMEs need help again and why the govt’s earlier approach may not work? | Business Standard News
Clipped from: https://www.business-standard.com/article/opinion/second-wave-of-coronavirus-pandemic-what-rbi-can-do-to-help-121050300092_1.html Unless the Reserve Bank comes forward and helps banks to handhold the MSME borrowers, bad loans will swell in the September quarter Till
Second wave of coronavirus pandemic: What RBI can do to help | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/second-wave-of-coronavirus-pandemic-what-rbi-can-do-to-help-121050300092_1.html Unless the Reserve Bank comes forward and helps banks to handhold the MSME borrowers, bad loans will swell in the September quarter Till
Govt mulls more Covid relief measures for businesses amid second wave | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-mulls-more-covid-relief-measures-for-businesses-amid-second-wave-121050300037_1.html The Centre and the RBI are exploring options for businesses hit hard by the second wave The government and the Reserve Bank of India (RBI)
TReDS platform RXIL discounts receivables worth Rs 1,000 crore in a month – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/treds-platform-rxil-discounts-receivables-worth-rs-1000-crore-in-a-month/2228011/ Credit and Finance for MSMEs: From transactions worth Rs 69 crores in April 2020, RXIL reached a whopping Rs 1,105 crore in March
Pre-pack insolvency for MSMEs: How it differs from corporate insolvency resolution process; key features – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/pre-pack-insolvency-for-msmes-how-it-differs-from-corporate-insolvency-resolution-process-key-features/2244529/ Ease of Doing Business for MSMEs: The minimum default threshold of Rs 10 lakh, which has been prescribed for initiating the process, would
PLI scheme going under utilised, says Niti Aayog vice chairman – The Financial Express
Clipped from: https://www.financialexpress.com/economy/pli-scheme-going-under-utilised-says-niti-aayog-vice-chairman/2242724/ He stressed that the share of manufacturing in GDP should increase and limiting manufacturing only to small scale would not suffice. The Niti
Small, medium, other hotels again reach out to FM Sitharaman; say ECLGS doesn’t help them to survive – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/small-medium-other-hotels-again-reach-out-to-fm-sitharaman-say-eclgs-doesnt-help-them-to-survive/2244186/ Ease of Doing Business for MSMEs: The government had announced the launch of ECLGS 3.0 in March to cover enterprises in hospitality, travel
Modi govt’s relief on GST late fee, tax payment to help MSEs but further extension still needed: Experts – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/modi-govts-relief-on-gst-late-fee-tax-payment-to-help-mses-but-further-extension-still-needed-experts/2244290/ Ease of Doing Business for MSMEs: The Central Board of Indirect Taxes and Customs (CBIC) on Saturday had issued a notification announcing the
How to evaluate cash flow management efficiency – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-how-to-evaluate-cash-flow-management-efficiency/2244454/ A firm should have positive figure for cash from operations to attract the attention of investors If we assign a score of one
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