Clipped from: https://www.financialexpress.com Technology for MSMEs: Amazon launched its services for sellers on its Amazon seller website and mobile app in Hindi. This included registration on
Category: RBI–Banks
Ordinances on inter-state farm trade, contract farming out of judicial process – The Financial Express
Clipped from: https://www.financialexpress.com Contract farming could also help the government’s crop diversification programme since farmers will be assured of sales and prices. The changes to the
Axe your current economic advisers, bring in new team: Chidambaram to PM Modi – The Financial Express
Clipped from: https://www.financialexpress.com/ It is elementary economics that income alone – money in people’s hands – will revive demand; demand will spur supply and production; production
The economic package: The layman’s dilemma–economic times
Clipped from: https://timesofindia.indiatimes.com A great economist of his time, Milton Friedman, famously observed, “One of the great mistakes is to judge policies and programs by their
To fix economy, change mindset: Moody’s and other assessments of India’s economic outlook must set alarm bells ringing
Clipped from: https://timesofindia.indiatimes.com This week, international ratings agency Moody’s downgraded India’s sovereign debt ratings and made the outlook negative. The same agency had upgraded India’s ratings
Just announcing a MSME stimulus package isn’t enough – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Proper implementation of the stimulus measures for the sector, minus the red tape, is crucial The Atmanirbhar stimulus package is a welcome mix
CEA Krishnamurthy Subramanian sees FY21 fiscal deficit at over 5% | Business Standard News
Clipped from: https://www.business-standard.com No doubt that economy will contract in Q1, Krishnamurthy Subramanian says The centre has decided to borrow Rs 4.2 trillion more than budgeted
Haryana follows in PM Modi’s footsteps; comes up with its own MSME grievance portal – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: The new portal called Haryana Udhyam Sahyog by the state government will allow MSMEs to resolve their credit-related
PSBs luring MSMEs with pre-approved loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com A top government official told ET that public sector banks are trying to reach out to MSMEs, which are their existing customers, for
RBI: MPC minutes show RBI feels it may take years to repair economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com RBI governor Shaktikanta Das said only the agriculture sector is showing a silver lining. Economic activity has been hit badly by the two-month
MSMEs facing difficulties in accessing COVID-related relief packages: Karnataka SSI body – The Economic Times
Clipped from: https://economictimes.indiatimes.com KASSIA has received a number of complaints and representations from its members about the difficulties in accessing the schemes. BENGALURU: MSMEs are seriously concerned about
Now, help corporate bond market along–eCONOMIC tIMES
Clipped from: https://economictimes.indiatimes.com It is notable and welcome that corporate bond issues during April-May have more than doubled to Rs. 1.63 lakh crore over the like
How to pay depositors when borrowers don’t?-eCONOMIC tIMES-
Clipped from: https://economictimes.indiatimes.com Mumbai: Nationalisation of banks was a turning point in the history of Indian banking. Half a century later, we are awaiting the next
Supreme Court questions RBI on order of levying interest on loans during moratorium | Deccan Herald
Clipped from: https://www.deccanherald.com/ SC seeks joint response from Finance Ministry and RBI Supreme Court. Picture Credit: PTI File Photo The Supreme Court on Thursday(June 4) questioned the
To revive economy, India has to focus on sectors with ‘pull effect’: Suresh Prabhu – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Suresh Prabhu, India’s Sherpa to the G-20 – M_VEDHAN Suresh Prabhu, India’s Sherpa to the G-20 – M_VEDHAN× Long-term financing of infra projects
Bank NPAs may worsen to 11.6 pc by end of this fiscal due to coronavirus pandemic: Report – The Financial Express
Clipped from: https://www.financialexpress.com Fresh gross slippages are estimated to be at 5-5.5 per cent of standard advances during 2020-21, which will increase the banks’ credit provision
MHA wage order: SC divided between contrasting concerns? – The Financial Express
Clipped from: https://www.financialexpress.com Apex court says loan moratorium detrimental sans interest relief; on MHA wage order, it strikes a pragmatic tone, cites industry’s cash crunch. The
FDI in non-bank lenders needs to be explored for greater support to MSMEs: Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com The minister opined that strengthening of non-banking lenders or NBFCs, state cooperative banks, district cooperative banks, credit societies, etc is required to extend
Uday Kotak against waiver of interest during moratorium period – The Economic Times
Clipped from: https://economictimes.indiatimes.com People asking for moratorium on interest also need to keep in mind the interest of depositors, he said, adding “it cannot be an
Companies with loan recast seek moratorium from banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ RBI’s Covid-19 regulatory package was announced to mitigate the debt-servicing burden of stressed borrowers. But the moratorium has also raised default risks, making