Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-will-focus-on-cash-flow-based-lending-in-future-uco-banks-ajay-vyas/articleshow/79938845.cmsSynopsis Various SBI officials have advocated for cash flow-based lending models over the traditional asset-based or ratings-based ones. In cash flow lending, a financial
Category: MSME-Startup
Loan restructuring, other measures announced by govt to cushion PSBs from shock: DFS Secy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/loan-restructuring-other-measures-announced-by-govt-to-cushion-psbs-from-shock-dfs-secy/articleshow/79956391.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Despite the pandemic, the lockdown and the consequent damage done to the economy, there are quick signs of recovery, Financial Services Secretary Debasish
Jobs: New demand-driven scheme in the works to create more entrepreneurs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/new-demand-driven-scheme-in-the-works-to-create-more-entrepreneurs/articleshow/79958336.cms SynopsisThe plan is to impart entrepreneurship development training to aspiring and existing entrepreneurs for setting up and scaling up their enterprises through 610
Timely warning from Reserve Bank of India – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/timely-warning-from-reserve-bank-of-india/2157179/ Some digi-lenders can be unscrupulous, so need to be cautious As useful and necessary it is to have an increasingly digitised lending environment,
Scaling back: How banks, NBFCs post pandemic can help MSMEs achieve growth in new normal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-scaling-back-how-banks-nbfcs-post-pandemic-can-help-msmes-achieve-growth-in-new-normal/2151713/ Credit and Finance for MSMEs: With the rise of innovations in fintech solutions, banks and NBFCs are fast enabling small and medium-sized enterprises
Delayed payments: MSMEs see 74% jump in rejected applications involving this much amount since March – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-delayed-payments-msmes-see-74-jump-in-rejected-applications-involving-this-much-amount-since-march/2155941/ Credit and Finance for MSMEs: Applications for delayed payments filed by MSEs are examined by MSEFC of the respective state where the enterprise
Powering MSMEs in the next decade of growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/powering-msmes-in-the-next-decade-of-growth/article33404359.ece The government must set up an independent consultancy body for MSMEs to help them navigate the digital world Micro, Small and Medium Enterprises
Juggling to survive the year, small businesses fret over lack of profitability – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/juggling-to-survive-the-year-small-businesses-fret-over-lack-of-profitability/articleshow/79913171.cmsSynopsis The year 2020 brought distress and damage aplenty for the MSME sector. Can the next year herald a new beginning for them? The
Loan apps pushing people into debt traps, suicides – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/loan-apps-pushing-people-into-debt-traps-suicides/articleshow/79917537.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The tap-and-get-a-loan “solution” is pushing a large number of people into a trap far deeper than the financial condition they are in. (This
Delaying the inevitable: The Hindu Editorial on suspension of insolvency proceedings – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/delaying-the-inevitable-the-hindu-editorial-on-suspension-of-insolvency-proceedings/article33397154.ece Restructuring of bad loans will get tardier as the bankruptcy code is kept in abeyance The government has kicked the can down the
IBC suspension extended till March 2021 – The Hindu
Clipped from: https://www.thehindu.com/news/national/ibc-suspension-extended-till-march-2021/article33387578.ece The government has decided to extend the suspension of the Insolvency and Bankruptcy Code (IBC) till March 31, 2021, to help businesses cope
Scaling back: How banks, NBFCs post pandemic can help MSMEs achieve growth in new normal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-scaling-back-how-banks-nbfcs-post-pandemic-can-help-msmes-achieve-growth-in-new-normal/2151713/ Credit and Finance for MSMEs: With the rise of innovations in fintech solutions, banks and NBFCs are fast enabling small and medium-sized enterprises
MSMEs seek easing of Basel norms in banking sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/three-fourths-of-the-banking-sector-is-on-a-ventilator-more-private-banks-can-help-it-breathe-easy-/primearticleshow/79883963.cms Synopsis–The balance sheets of several public-sector banks are in distress, the government can ill afford bailouts, and a large section of the population
Reading the tea leaves: What do jobs data tell us about economic recovery? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/reading-the-tea-leaves-120122101212_1.html Weekly estimates for the first three weeks of December indicate a likely marginal improvement in aggregate employment compared to November Expectations of a
Wrong call on IBC | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/wrong-call-on-ibc-120122101257_1.html Govt should not have extended suspension of bankruptcy work The Insolvency and Bankruptcy Code (IBC) is one of the major reforms of the National Democratic
Invoicemart discounts Rs 10,000-cr MSME invoices – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/invoicemart-discounts-rs-10000-cr-msme-invoices/2154482/ A majority of industries and businesses are now inching towards pre-COVID-19 levels, MSMEs have also started charting their path for recovery, Invoicemart said
Need for relook at differential rates structure to help MSME: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/need-for-relook-at-differential-rates-structure-to-help-msme-experts/articleshow/79828395.cmsSynopsis Under the differential rates structure, the companies with high credit rate get loans from lending institutions at low rates, while those not having
IBC suspension likely to be extended by 3 more months amid Covid crisis – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/ibc-suspension-likely-to-be-extended-by-3-more-months-amid-covid-crisis/articleshow/79831823.cms Synopsis–Policymakers are of the view that a further extension is required as the economy is yet to emerge from contraction and businesses need
CAIT says Amazon’s arbitrary policies to dominate India’s retail trade should end – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/cait-says-amazons-arbitrary-policies-to-dominate-indias-retail-trade-should-end/articleshow/79843206.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The court rejected Future Retail Ltd’s (FRL) plea for an interim injunction to restrain Amazon from writing to Sebi, the Competition Commission and
Insolvency and bankruptcy code (IBC) suspension extended till March 31 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-and-bankruptcy-code-ibc-suspension-extended-till-march-31/articleshow/79843895.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government had suspended fresh proceedings under IBC for loan defaults on or after March 25, for six months, as part of measures
aniltikotekar4sme.com 