The Supreme Court has upheld a law passed by the Centre in 2013 that made the SARFAESI Act applicable to cooperative banks. The SARFAESI Act
Category: RBI–Banks
A series of medium-sized packages, calibrated approach needed to revive the economy: Sanjeev Sanyal – The Hindu BusinessLine
State govts should play critical role in global supply chain, he says The Centre is aware of the economic disruptions that happened due to coronavirus
Govt to support MSMEs making ‘import substitute’ products; mulls policy for replacing foreign goods – The Financial Express
Trade, import and export for MSMEs: MSME Minister Nitin Gadkari in multiple webinars during the lockdown period had urged the businesses to take advantage of
SBI set to okay moratorium to NBFC tomorrow – The Economic Times
Summary Extension of the RBI announced three month moratorium on loans by banks to NBFCs has been a borne of contention between banks as some large
Sidbi: Sidbi working towards e-enabling MSME businesses to deal with post Covid challenges – The Economic Times
Following these challenging times, CAIT has urged the government to award a substantial package to traders to ensure their survival. COVID-19 has caused a huge
From capital to labour to credit, small firms on the brink, have emergency wishlist for govt | Business News,The Indian Express
REVENUE, labour, capital, access to raw materials, overheads, and demand — the question mark over each is getting bigger by the day as the lockdown
‘On ventilator mode’: 20 per cent of traders may shut shop permanently, warns CAIT – The Hindu BusinessLine
The government has offered traders absolutely nothing, says CAIT’s Praveen Khandelwal The Confederation of All India Traders ( CAIT), on Tuesday, said that nearly 20
MSME loans worth Rs 2,32,000 crore at risk of defaulting: Cibil | Business News,The Indian Express
The NPA rate for MSMEs has increased continuously over last few years to reach 12.6 per cent as of December 2019, Cibil said in a
From capital to labour to credit, small firms on the brink, have emergency wishlist for govt | Business News,The Indian Express
Given that this sector is responsible for an estimated 11 crore jobs and accounts for 30 per cent of the GDP, and a prolonged crisis
Surat diamond industry sitting on $2.3 billion inventory faces trouble due to lockdown | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/surat-diamond-industry-sitting-on-23-billion-inventory-faces-trouble-due-to-lockdown-833567.html In the month of January and February this year, Surat’s famed diamond industry witnessed a drop of export worth almost $1 billion, compared
Payment must be made against accepted bill of exchange: Expert | Business Standard News
It is the obligation of the original importer to remit the payment to the foreign supplier The export of components by the Indian party to
MSME package: Loan guarantee, fund to clear dues to small units soon – The Financial Express
The government is considering a raft of relief measures, including setting up a Rs one lakh crore fund to expedite clearances of dues owed to
MSME Relief: Don’t leave it too late–Times of India
The government must think big and swiftly come up with a rescue package for micro, small and medium enterprises (MSMEs). They have to pay wages,
MSME sector: Reeling from Covid-19 lockdown, factories are ready to gradually restart. But where are the workers? – The Economic Times
As India Inc prepares to restart ops, the question many are asking – will there be enough workers? With widespread shuttering down of factories and
RBI may extend moratorium on loans by another 3 months – The Economic Times
Summary The RBI is considering a proposal for extending the moratorium on bank loans by another three months. As a result of this moratorium, individuals’ EMI
What India should do after the Coronavirus lockdown ends – The Economic Times
Post lockdown, the govt must focus on healthcare, municipal services including drinking water, sanitation. The panchayat-level self-reliance that Modi spoke about has to be focused
Support businesses and boost demand: Top industry leaders on how to revive Indian economy – Business News
In an exclusive conversation with India Today as part of the E-Conclave Jump Start Series, top executives and industry leaders discuss the economic crisis trigerred
Sebi investigates Franklin Templeton – business news – Hindustan Times
The parent’s inquiries revolve around the impact of the decision on their brand, while Sebi’s probe seeks to understand the fund house’s commitment to adequate
A blueprint to finance higher public spending – columns – Hindustan Times
Whether the government decides to borrow more or raise revenues, it should confront these difficult choices using the key principles of public finance Karthik Muralidharan
Centre must put economic growth first – The Hindu BusinessLine
The Centre must ignore warnings from global rating agencies and launch a fiscal stimulus Even before the Centre made its decision to extend its 40-day
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