Clipped from: https://www.financialexpress.com Bank of India, which has provided a moratorium to 41% of its customers, said borrowers are choosing to pay up. By Ankur Mishra
Category: MSME-Startup
What Rs 50,000-crore MSME Fund can learn from its start-up sister | Business Standard News
Clipped from: https://www.business-standard.com The Rs 50,000-crore MSME fund of funds has an uphill task ahead, but there’s plenty it can learn from problems with the Rs
MSMEs can play a major role in making local products popular – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Major hurdles Delay in approvals and lack of access to technology are some of the challenges faced by small and medium units –
‘Access to funds a major challenge for MSMEs’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com International MSME Day 2020 is more of a sombre occasion requiring introspection instead of celebration. The pandemic has thrown the world economy into
MSME sector gets another push from govt; distressed MSMEs to get Rs 20,000 cr guarantee cover – The Financial Express
Clipped from: https://www.financialexpress.com India’s distressed MSME sector got another push from the government today with the launch of a Credit Guarantee Scheme to help the country’s
One-time loan recast for India Inc may come up at Friday’s RBI board meet | Business Standard News
Clipped from: https://www.business-standard.com The virtual meeting of the central board will be its first since the outbreak of Covid-19 Finance Minister Nirmala Sitharaman said on Thursday
FIEO: A blanket ban on Chinese goods not in the best interest of India, calibrated, well-thought-out strategy needed: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com Ever since 20 Indian soldiers died and more than 70 were injured in a clash with Chinese troops in Ladakh’s Galwan area, there
Managing bad loans | Business Standard Editorials
Clipped from: https://www.business-standard.com Bank balance sheets would need to be quickly repaired The economic disruption caused by Covid-19 is likely to push up non-performing assets (NPAs)
With losses of Rs 1,000 crore a day during lockdown, the auto component sector is hammered by the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ With losses of Rs 1,000 crore a day during lockdown, the auto component sector is hammered by the pandemic The auto industry pinned
Large corporations hold back Rs 3.3 lakh crore payment to MSMEs: Study – The Economic Times
Clipped from: https://economictimes.indiatimes.com A research by rating agency Crisil, had earlier said the 5% contraction in the Indian economy wrought by the Covid-19 pandemic could lead
Betting on work-from-home for long term? 5 areas startups, MSMEs must focus on to make it effective – The Financial Express
Clipped from: https://www.financialexpress.com Technology for MSMEs: While the urgency of the situation demands a lot of actions that are reactive in nature, it is critical to
RBI may review extra-provisioning norms of June 7 circular | Business Standard News
Clipped from: https://www.business-standard.com Terms on upgrade of accounts also likely to be tweaked as the central bank’s June 7 circular may get a relook Well-placed sources
Loan moratorium: Let the banks decide on interest – The Financial Express
Clipped from: https://www.financialexpress.com SC wrong to say govt & RBI should fix issue of interest The Supreme Court (SC) has rightly ruled out the possibility of
Amazon gets 50,000 new sellers in January-June period – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com With consumers increasingly depending on online platforms to meet their needs, sellers are also signing up to make their products available to a
Credit growth will come from retail, MSMEs: SS Mallikarjuna Rao, PNB MD | Business Standard News
Clipped from: https://www.business-standard.com/ “MSMEs are working hard to come back to normalcy. We expect a robust comeback from them in October, particularly in some sectors” In
Skill India hasn’t yielded much to boost MSME labour output: Economist – The Financial Express
Clipped from: https://www.financialexpress.com Sharing similar views, executive vice-president (Wadhwani Advantage) of Wadhwani Foundation Samir Sathe stressed the need to strengthen SMEs to meet growing demand and
Supreme Court: Consider interest waiver during moratorium – The Financial Express
Clipped from: https://www.financialexpress.com Earlier, the RBI had also informed the SC that any “forced” interest waiver on loan moratorium will risk financial viability and hurt banks
Housing Ministry, SIDBI sign MoU for special micro-credit facility for street vendors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The Ministry of Housing and Urban Affairs (MoHUA) and Small Industries Development Bank of India (SIDBI), on Friday, signed an MoU to engage
‘Uncertainty looming over Covid crisis bottoming out for MSMEs to assess need for more govt stimulus’ – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: Banks will provide subordinate debt to MSME promoters to enable capital infusion. This will strengthen the net-worth
NPAs in corporate loans now under control, says SBI’s Rajnish Kumar | Business Standard News
Clipped from: https://www.business-standard.com Kumar said that not many borrowers were keen to take advantage of the scheme due to its cost implications Speaking on the issue
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