Banks will offer collateral-free loans amounting to Rs 3 lakh crore rupees to small and medium businesses as part of the first round of the
Category: RBI–Banks
‘Bold, not incremental reforms, will help to boost the productive capacity, productivity of economy,’ says Rajiv Kumar | Business News,The Indian Express
In an interaction with The Indian Express, after the Prime Minister’s speech on Tuesday, NITI Aayog Vice-Chairman Rajiv Kumar said the steps to be announced
MSMEs need immediate relief from banks, govt: CARE report – The Hindu BusinessLine
The micro, small and medium enterprise (MSME) sector needs immediate assistance, including enhancement in working capital limit and the immediate release of tax refunds, otherwise
Bad Bank–Not a good idea | Business Standard Editorials
A bad bank will do nothing to solve the problems A “bad bank” is reportedly being planned to deal with the fallout of the non-performing
Rs 20-trn package need of the hour, will unleash economic growth: India Inc | Business Standard News
Industry bodies said the Make In India flagship will emerge as a key catalyst for attracting new investment, driven by much needed bold reforms in
Markets will cheer Rs 20-trn package, but the devil could be in the detail | Business Standard News
The moot question would be how the Government will fund this package. Ambareesh Baliga, independent market expert (Photo: Kamlesh Pednekar) This is possibly the first
With Rs 20-trn package, govt determined to deliver relief to the needy | Business Standard News
There are two points of interest in this package – the form it will take, and hence, how it will be distributed over different constituents
Rs 20-trillion stimulus: How brokerages have interpreted the measures | Business Standard News
Prime Minister Narendra Modi announced Rs 20-trillion relief package for the Covid-19 impacted Indian economy in a late evening address to the nation. While the
PM Modi announces Rs 20 trillion stimulus package to jump-start economy | Business Standard News
In his fifth address since the Covid-19 outbreak, Prime Minister Narendra Modi on Tuesday evening announced a much-awaited Rs 20-trillion stimulus package while giving away that the nationwide lockdown would be
Welcome stimulus, promise of reform–Economic Times
It is welcome that the prime minister has announced a stimulus package amounting to Rs 20 lakh crore, equivalent to 10% of GDP. While he
Government set to guarantee up to Rs 3 lakh crore loans to MSMEs – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/government-set-to-guarantee-up-to-rs-3-lakh-crore-loans-to-msmes/articleshow/75706083.cms NEW DELHI: The government’s much-awaited stimulus for micro, small and medium-sized businesses is expected to include a provision for additional loans of up
IBA submits proposal on ‘bad bank’ to govt, RBI – The Financial Express
The proposed structure of a bad bank is based on the earlier recommendations of a panel headed by former PNB chairman Sunil Mehta, called ‘Sashakt’
SIDBI scheme: SAFE and SMILE, two SIDBI schemes that can help you raise money during Covid-19 – The Economic Times
Finding money and funding for your business has become very difficult. However, two SIDBI schemes can provide some succor. According to SIDBI, the emphasis of
PM Modi speech highlights: What did Narendra Modi say today?
The package is for our labourers, farmers, honest tax payers, MSMEs and cottage industry, Modi said. The address comes a day after the PM held
All you wanted to know about SARFAESI Act – The Hindu BusinessLine
The Supreme Court recently held that the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)
Lockdown, slowdown: NPAs looming, PSBs put bad bank creation plan back on table | Business News,The Indian Express
While bankers are pushing for this, and there is support for the proposal within a section of the government, the broader view in the Finance
Chronicling the economic costs of the lockdown – columns – Hindustan Times
The coronavirus disease (Covid-19)-induced pandemic has brought with it days of dark gloom. But last Friday, this feeling was exacerbated with the shocking news that
Unrealistic growth forecasts | Business Standard Editorials
The incoming high-frequency indicators suggest that most forecasters would need to take a fresh look at their projections for gross domestic product (GDP) growth for the current
Let TReDS sabotage impair credit rating–Economic Times
At a time when India’s 6.5 crore micro, small and medium enterprises (MSMEs) struggle for finance, in fact, for survival, and the government can ill
HDB Financial Services sacks about 150 employees – The Economic Times
Some of the sacked employees said it is unethical on part of the company to ask them to leave without any prior notice or anything
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