A few months ago, the NBFCs (non-banking finance companies) were the flavour the season. Now the MSMEs (micro, small and medium enterprises) are. Both, for
Category: RBI–Banks
CII urges finance ministry to help infra with loans, settling cases | Business Standard News
The government should help the infrastructure sector with long-term credit and tax-free infrastructure bonds, the Confederation of Indian Industries (CII) has suggested to the finance
Lessons from RBI and CBI | editorials | Hindustan Times
Mr Alok Verma’s case is more complex. He and his deputy (the man who would have been the government’s first choice had he been eligible)
Big opportunity to fund small firms–Economic Times
The RBI has reportedly warned the government about the small loans given under the Pradhan Mantri Mudra Yojana to micro enterprises turning into a big
MUDRA loan: RBI cautions government over NPA spike in MUDRA loans – The Economic Times
The Reserve Bank of India (RBI) has raised a red-flag on the spike in non-performing assets (NPAs) under the government’s flagship scheme to support micro
RBI net-seller of dollars in Nov, unwinding USD 644 mn – The Hindu BusinessLine
The Reserve Bank remained a net seller of dollars in November 2018, as it sold USD 644 million of the greenback on a net basis
ank loan: How to write your business plan – The Economic Times
The crux of a lending decision hinges on the financial health of your business and your ability to service the loan. By Rishi Mehra A business
FE Best Banks Awards: Don’t allow litigation to kill IBC’s spirit, Narayanan Vaghul to bankers – The Financial Express
bankers and lenders”. A new precedent needs to be created for bank lending to the corporate sector, more so when development banking institutions have perished.
Govt plans insurance scheme up to Rs 10 lakh for GST-registered MSMEs | Business Standard News
Ahead of the general elections, the government is considering an insurance scheme for lakhs of GST-registered small and medium scale traders with a view to address certain
There is no space for an inadvertent confluence of fiscal, regulatory, monetary easing | Opinion News, The Indian Express
The economic narrative in India has rapidly evolved. As recently as October, the policy was focused squarely on preserving macroeconomic stability as external imbalances rose
Your debit, credit card payments will soon get a lot safer. Here’s how – The Economic Times
The RBI’s move to allow tokenisation of credit and debit card transactions, announced on Tuesday, could prove to be a game changer for the average Indian consumer. Indian consumers,
RBI accountable to government, says reserves panel chief Bimal Jalan
The Reserve Bank of India is accountable to the government and should make policies within the framework set by the government, according to a former central bank
Release Mudra funds for small and medium NBFCs: CEOs to RBI Guv – The Hindu BusinessLine
Banks raising interest rates a major pain point, say NBFC heads Non-banking finance companies (NBFC) have urged the Reserve Bank of India to enable the
Transunion Cibil: Retail loan in a minute, but SME loan in 15 days needs to change: Satish Pillai, TransUnion CIBIL – The Economic Times
NBFCs loan growth hinges on how they are replacing cash. It is not necessarily about more sales, Satish Pillai, MD & CEO, TransUnion CIBIL, tells ET Now. Edited excerpts:
RBI: RBI Governor apprised of SMEs credit woes, seek creation of revival scheme for stressed MSMEs – The Economic Times
rbi-ap.webp6.5 KB As per RBI data, India’s MSME sector contributes to nearly a third of the gross domestic product, accounting for about 45% of manufacturing
Real concern among bank officials over ‘fake’ ₹500 notes – The Hindu BusinessLine
Growing instances of fake currencies, particularly of ₹500 denomination, are keeping both banking officials and the public on tenterhooks. “While counterfeits are not totally new,
RBI–Stake skirmish – The Hindu BusinessLine
Of late, the Reserve Bank of India (RBI) has been taking a hard line on enforcing deadlines for the promoters of private sector banks to
RBI issues guidelines for tokenisation of card transactions – The Economic Times
Reserve Bank of India Tuesday released guidelines on tokenisation for various card transactions, including from debit and credit cards. Tokenisation, which aims at improving safety and
Lenders need to factor in parameters beyond credit bureau support: Transunion-Cibil – The Economic Times
Lenders need to look beyond credit bureau in assessing risks of MSME lending and detecting early warning signal, as borrowing from multiple borrowers is getting increasingly risky,
MSME: Stacked loans and those sanctioned by multiple lenders prone to higher NPA risks: Report – The Economic Times
Stacked loans by borrowers have a higher potential of turning into Non-Performing Asset (NPAs), reveals the recently released TransUnion CIBIL- SIDBI MSME Pulse Report. The latest report