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
Category: MSME-Startup
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
‘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
Covid recovery for MSMEs to be long haul; revenue likely to fall a fifth in FY21 for small businesses – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: In comparison to India Inc, which is headed towards around 15 per cent decline in revenue, MSMEs are
Covid impact: Job losses, pay cuts leading to surge in home loan defaultsThe Economic Times
Clipped from: https://economictimes.indiatimes.com Covid impact: Job losses, pay cuts leading to surge in home loan defaults IMGC guarantees 20% of the loan amount which covers EMIs
MSMEs confident on business outlook despite pandemic impact: Survey – The Economic Times
Majority of the films felt that the impact of Covid on earnings could be between 20-50% while more than 62% of the businesses felt that
retail loan: Fears about India retail loan defaults overblown, Macquarie says – The Economic Times
Clipped from: https://economictimes.indiatimes.com RBI has allowed borrowers to delay monthly payments on their loans until the end of August. The volume of Indian loans subject to moratorium is
Move to make cheque-bounce a compoundable offence isn’t right – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com If the intention is to reduce the piling up of cases in court, a better way would be to restrict the usage of
Getting back on track will be long and arduous: Collateral-free Mudra loans may not be enough – The Financial Express
Clipped from: https://www.financialexpress.com The corporate sector, he said, has greater staying power, but is not immune to the demand destruction that takes place because of the
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
