Clipped from: https://www.thehindubusinessline.com/money-and-banking/lendingkart-to-launch-credit-intelligence-services-for-banks/article33481760.ece Lendingkart, a digital lending fintech start-up in working capital space, plans to launch ‘credit intelligence services’ for banks from April, helping them evaluate
Category: MSME-Startup
Looking back, and forward: How economies and economics changed in 10 years | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/looking-back-and-forward-how-economies-and-economics-changed-in-10-years-121010100839_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Even as both India and the world struggle to re-build after Covid-19, they face slow-burn problems that could develop into full-blown crises, writes
Negative rates as conscious policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-view/et-view-negative-rates-as-conscious-policy/articleshow/79561743.cmsSynopsis The RBI’s policies on maintaining high liquidity to fuel recovery, keeping a Targeted Long Term Repo window open is most sensible. It is
‘Next decade belongs to small businesses but here’s how they can navigate ‘techade’ in new normal’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-next-decade-belongs-to-small-businesses-but-heres-how-they-can-navigate-techade-in-new-normal/2160585/ Ease of Doing Business for MSMEs: Black Swan moments disrupt the status quo but they also provide newer opportunities. SMEs would do well
‘MSMEs to decide whether India taps or loses opportunity to deliver what world maybe seeking’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-msmes-to-decide-whether-india-taps-or-loses-opportunity-to-deliver-what-world-maybe-seeking/2161395/ Credit and Finance for MSMEs: MSMEs in India can truly thrive in 2021 only if they understand the need to adapt and embrace
There is no SME-focused end-to-end insurance buying platform in India: ICICI Lombard’s Sanjeev Mantri – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-there-is-no-sme-focused-end-to-end-insurance-buying-platform-in-india-icici-lombards-sanjeev-mantri/2161926/ Technology for MSMEs: For SMEs, ICICI Lombard had earlier launched its automated bot platform, MyRA (My Remote Assistant) to get policy quotes via
Allowing corporate houses in banking: With the needed safeguards, it may not be a bad idea after all – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/allowing-corporate-houses-in-banking-with-the-needed-safeguards-it-may-not-be-a-bad-idea-after-all/2161878/ While connected and circular lending, and credit misallocation and conflict of interest are real risk scenarios, credit crunch especially for MSMEs is also
From pushing electric mobility to boosting textile sector, Niti Aayog charts 2021 reforms map – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/from-pushing-electric-mobility-to-boosting-textile-sector-niti-aayog-charts-2021-reforms-map/articleshow/80025000.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As the think tank continues to work with various stakeholders to boost the country’s economy, its Vice Chairman and economist Rajiv Kumar said
‘Next decade belongs to small businesses but here’s how they can navigate ‘techade’ in new normal’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-next-decade-belongs-to-small-businesses-but-heres-how-they-can-navigate-techade-in-new-normal/2160585/ Ease of Doing Business for MSMEs: Black Swan moments disrupt the status quo but they also provide newer opportunities. SMEs would do well
Now MSME customers of this bank can use SIDBI’s DIY portal to submit restructuring proposals – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-now-msme-customers-of-this-bank-can-use-sidbis-diy-portal-to-submit-restructuring-proposals/2160126/ Ease of Doing Business for MSMEs: While the documents required for the proposal may vary as per the internal guidelines of the banks,
Honey, I shrunk Indian banking! Sector tastes degrowth in 2020–Business today
Clipped from: https://www.businesstoday.in/current/economy-politics/indian-banking-industry-2019-20-npas-bad-loans-borrowings-asset-quality/story/426466.html Indian Banking Sector 2019-20: The credit off-take from the industry declined marginally while agri, services and retail were in positive territory in 2019-20
2020 has been a strange interruption and reversal. Unless we act now, we will have a stunted recovery | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/covid-19-india-economy-growth-7126878/ Will 2021 be better? What can we look forward to? What should we worry about? It is nine months since India declared the
India’s economy in 2020: Year of many questions | GDP of India 2020–indian express
Clipped from: https://indianexpress.com/article/explained/covid-economy-india-budget-2021-gdp-7123862/ India’s economy in 2020: As Annus Horribilis 2020 comes to an end, there are positives in the economy: signs of a GDP rebound,
LTV curbs on gold loans don’t help – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/ltv-curbs-on-gold-loans-dont-help/article33456217.ece All that glitters Gold loans call for robust, tailor-made risk management practices in place – Getty Images/iStockphoto All that glitters Gold loans call
The unlocking – 2020: A year of challenges and what lies ahead for the SMEs | The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/2020-a-year-of-challenges-and-what-lies-ahead-for-the-smes/the-unlocking/slideshow/79993348.cms 1/6 How it all began The buzz around Covid-19 was growing from late February with reports of Coronavirus making it into the daily
Non-performing assets recovered via IBC rise 61% in 2019-20 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/non-performing-assets-recovered-via-ibc-rise-61-in-2019-20/article33447464.ece IBC, under which recovery is incidental to rescue of companies, remained the dominant mode of recovery, according to RBI’s “Report on Trend and
IBC emerges as major mode of NPA recovery in 2019-20 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/ibc-emerges-as-major-mode-of-npa-recovery-in-2019-20/article33447977.ece Of the total amount of ₹ 1,72,565 crore recovered, IBC route accounted for ₹ 1,05,773 crore Non-performing assets (NPAs) recovered by scheduled commercial banks through the Insolvency
Over 40% of borrowers availed loan moratorium benefit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/covid-19-over-40-of-borrowers-availed-loan-moratorium-benefit/article33446903.ece The moratorium distribution sought in MSME loans indicates that urban co-operative banks bore the brunt of incipient stress. Customers accounting for 40.43 per
Rollback of policy support can impact health of banks: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rollback-of-policy-support-can-impact-health-of-banks-rbi/article33447487.ece?homepage=true The Reserve Bank of India has warned that as policy support is rolled back, the impact of the Covid-19 pandemic can make a
Bank asset quality may see sharp deterioration post-moratorium: RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/expect-sharp-drop-in-asset-quality-after-covid-accommodation-withdraws-rbi-120122901171_1.html Says banks will have to adapt and adjust to the rapidly evolving economic landscape and entry of niche players and emerging financial technologies