Clipped from: https://www.thehindubusinessline.com/ Since India announced last month that it would temporarily suspend its insolvency law amid the pandemic, credit investors have grown concerned that some
Category: MSME-Startup
SC wants FinMin, RBI to meet in 3 days to decide on waiver of interest charged during moratorium – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The Supreme Court, on Friday, asked the Finance Ministry and the Reserve Bank of India to hold a meeting within three days to
Interest waiver: SBI, IBA tell SC move may hit credit flows – The Financial Express
Clipped from: https://www.financialexpress.com Court relents, says its concern is only over ‘interest on interest’ Reinforcing the view taken by the banking regulator RBI, State Bank of India (SBI), the
IBC a game changer for financial institutions: Gopal Subramanium – The Economic Times
Clipped from: https://economictimes.indiatimes.com Subramanium was talking at a webinar titled- “COVID 19: Constitutional and Legal Conundrums”, which was organised by Bennett University’s School of Law on
Nitin gadkari: Planning to make MSME stock exchange and e-market place like Amazon: Nitin Gadkari – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com Micro, Small and Medium Enterprises Minister Nitin Gadkari attended ‘Mahabiz’ organised by Gulf Maharashtra Business Forum on June 12 via video-conferencing. While addressing
SC order on wages during lockdown: SC restrains govt till July end from taking coercive action against employers for not paying wages in full – The Economic Times
Clipped from: https://economictimes.indiatimes.com The Supreme Court though left it open to the establishment to pay full wages should it want to do so for the 54
RBI: Waiver of interest charged during moratorium: SC asks Centre, RBI to hold meet in three days – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ A bench of Justices Ashok Bhushan, S K Kaul and M R Shah said the question is not of waiver of complete interest
MSME: Government gives leeway to MSMEs from penalties, interest for GST non compliance – The Economic Times
Clipped from: https://economictimes.indiatimes.com Industry trackers say that the government is trying to do a balancing act as it needs more revenue through GST but also doesn’t
Need many more banks … need to fix governance in PSBs: Manish Sabharwal | Business News,The Indian Express
Clipped from: https://indianexpress.com Sabharwal said the binding constraint for companies is not labour, but to get back consumers, and the complete end of the lockdown. Manish
‘Retail loans approvals set to fall, defaults may rise’ | Business News,The Indian Express
Clipped from: https://indianexpress.com Cautioning about a rise in defaults, it said, “The inability of some consumers to pay their debts post the moratorium period ending is
Why the stimulus won’t work: Public sector banks are not equipped to implement Covid stimulus package–times of india
Clipped from: https://timesofindia.indiatimes.com The Centre’s recent stimulus package of Rs 20 lakh crore to tackle the economic disruption caused by the spread of the novel coronavirus,
Handholding banks must to execute MSME loan scheme; here’s what govt can do to address on-ground issues – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: While various stakeholders have appreciated the bold move to set up a fund of funds, it will stress
MSME NPAs to be a double whammy for small business sentiments; these added measures may get mojo back – The Financial Express
Clipped from: https://www.financialexpress.com/ Ease of Doing Business for MSMEs: The viability of the accounts should be worked out and their loan commitments should be rescheduled wherever
Repayment rising in micro loans; mixed bag for MSME, retail – The Economic Times
Clipped from: https://economictimes.indiatimes.com About 25-40 per cent of microfinance borrowers have started paying back their dues at the end of May, better than April’s 10-15 per
Go for growth, signals S&P–economic times
Clipped from: https://economictimes.indiatimes.com It is to the credit of the rating agency S&P that it has retained India’s sovereign credit rating, despite forecasting sharply negative growth
loan moratorium: All kind of loans and contractual transactions can’t be put under moratorium: SEBI to SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ SEBI filed an affidavit in this regard in the apex court which had sought its stand on a plea which sought a clarification
Banks burden MSMEs with ‘avoidable’ paperwork for collateral-free loans
Clipped from: https://www.businesstoday.in Federation of Indian Micro and Small & Medium Enterprises (FISME) and SME Chamber of India have received complaints from its members about some
Why is India’s tax administration not in sync with MSMEs and exporters? – The Financial Express
Clipped from: https://www.financialexpress.com As a comparison, one should bear in mind that 12 million entities are GST-paying businesses, of which not more than 500,000 are registered
gst: To cut, or not to cut GST rates, that is the question – The Economic Times
Clipped from: https://economictimes.indiatimes.com On one hand, tax revenues have dwindled to unbelievable levels and on the other hand businesses are bleeding and looking up to the
MSME retailers stare at sustained downturn as consumer demand less likely to recover post lockdown – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: Retailers have already been reeling under the lockdown impact for over two months with little to no
