Credit and Finance for MSMEs: According to the revision of guidelines for ‘Interest Subvention Scheme for Incremental Credit to MSMEs 2018’ by the government last year
Category: RBI–Banks
Government introduces bill to amend banking laws to strengthen cooperative banks | Business News,The Indian Express
Noting that the happenings at the PMC Bank had “unfortunately” put a lot of small depositors in difficulty, Finance Minister Nirmala Sitharaman said there were
MSMEs grapple with stress even as govt grants more time for restructuring | Business Standard News
With Micro, Small and Medium Enterprises (MSMEs) grappling with the problem of delayed payments and slowdown in demand, the sector remains under major stress, even
bank loans: ‘Companies may default on Rs 2.54-L cr bank loans in next 3 years’ – The Economic Times
KOLKATA: An additional 4% of outstanding corporate borrowings from banks, translating roughly into Rs 2.54 lakh crore could tip into default over the next three
Have our bankers forgotten to lend? | Business Standard Column
Last week, addressing public sector bankers at an event in New Delhi, Finance Minister Nirmala Sitharaman asked them to go back to branch banking. Going
अर्थमंत्र्यांचे खडे बोल –महाराष्ट्र टाइम्स
सार्वजनिक बँकांचा ग्राहकांशी संपर्क कमी झाल्याचे नमूद करीत तेथील अधिकाऱ्यांना आणि कर्मचाऱ्यांना अधिक सौजन्याने वागण्याचा सल्ला देऊन केंद्रीय अर्थमंत्री निर्मला सीतारामन यांनी सर्वसामान्य ग्राहकांना येणाऱ्या
Reform PSBs | Business Standard Editorials
The state of India’s public sector banks (PSBs) has improved in recent quarters. Gross non-performing assets (GNPAs), for instance, have come down from 14.6 per
Govt asks banks to clear 1.18 lakh pending PMEGP loan applications by Mar 15 – The Economic Times
The government has asked banks to clear by March 15 about 1.18 lakh pending loan applications under the Prime Minister Employment Generation Programme (PMEGP), which
Aditya Puri shares his views on HDFC bank and India economy – The Economic Times
HDFC Bank, the country’s most valuable lender, is in the midst of a transformation as its founding CEO Aditya Puri prepares to end his executive
Govt’s subordinate debt scheme for MSMEs a welcome move but success depends on due diligence process – The Financial Express
By Vidisha Krishan Credit and Finance for MSMEs: One of the major causes for low availability of bank finance to MSME sector is the high-risk
CRR-exempt loans: Deduction only on incremental lending, clarifies RBI | Business Standard News
Following some banks seeking clarity on the computation of CRR to be exempted for incremental lending to three specified retail loans, the Reserve Bank has
RBI move to create a counterpart to NPCI needs a rethink – The Hindu BusinessLine
Introducing a commercial competitor to the NPCI, ‘not for profit’ company, raises a wide range of questions The RBI’s proposed plan to set up a
How to really get banks to lend more–Economic Times
Finance minister Nirmala Sitharaman wants State-owned banks to lend more. This is sound advice from the macroeconomic perspective of lubricating the stalled wheels of commerce
Shaktikanta Das: RBI’s new GDP template: The 12 enablers of India’s growth makeover – The Economic Times
The GDP series has been revised and rebased in India from time to time. Continuing a sordid six-quarter trend, India’s economy grew at just 4.5%
microfinance: Microfinance industry growth slows to 24.22 % in Q3 – The Economic Times
MUMBAI: Microfinance industry growth slowed to 24.22 per cent year-on-year in the third quarter of the current fiscal with total loan portfolio standing at Rs
Reserve Bank of India: View: The problems with Shaktikanta Das’ ‘vision’ of financial sector’s future – The Economic Times
By Ateesh Tankha In a February 24 document, ‘Assessment of the Progress of Digitisation from Cash to Electronic’, the Reserve Bank of India (RBI) noted
RBI’s gradual shift from transparency to forbearance towards stressed sectors–Economic Times
Since 2008, RBI relaxed norms for restructured loans several times and allowed lower provisioning for select categories of loans. In November 2013, the then central
MSMEs get breather from choking loans; here’s govt’s plan to free them up from immediate repayment – The Financial Express
Nirmala Sitharaman on Wednesday said out of 5.53 lakh MSME accounts, 5.28 lakh loans have been restructured, ET Now tweeted. The Finance Minister in a
Payments problem | Business Standard Editorials
The National Payments Corporation of India (NPCI) last week revised bank interchange fees for the Unified Payments Interface (UPI) to zero for all domestic transactions
Slowing credit offtake one of the major challenges for banks: RBI Guv – The Economic Times
Reserve Bank Governor Shaktikanta Das on Monday said slowing credit growth is one of the major challenges that banks are facing currently. Loan growth in