For advancing enterprise, the Government gives unique advantages to the small and medium scale Enterprises in the form of incentives and subsidies. Likewise, banks give credits at concessional rates to set up these organizations. For benefiting those, the small...
The year 2018 has come up with the catalog of true news for the MSMEs badly impacted by using the results of Demonetisation & GST. The largest announcements for the MSME zone in 2018 was the ‘59 minute’ PSB...
In a relief to India’s crucial micro, small and medium enterprises (MSMEs), the Reserve Bank of India (RBI) has introduced a one-time loan restructuring scheme for the borrowers with the total fund and non-fund based exposure of up to...
RBI Governor Shaktikanta Das on Wednesday said he will meet delegates of MSMEs and non-banking financial companies (NBFC) next week
A day after the RBI declared a one-time credit rebuilding plan for the MSME division, Das in a tweet stated,...
As per reports, NBFCs have continued payment of existing loans and notwithstanding endorsing fresh credit to their clients as their liquidity position has enhanced as of late with mutual funds continuing loaning to these organizations.
NBFCs like Dewan Housing Finance...
The Reserve Bank of India (RBI) on Thursday relaxed up rules for NBFCs to sell their loan books, in a proposal to relieve continual pressure on the sector.
What are the Relaxed Asset Secularization Norms?
NBFCs can now securities loans...
IL&FS default has made a rising risk for banks, says the rating agency. India confronts a potential sharp slowdown in credit availability as NBFCs confront a conceivable credit crush even as the asset quality is stabilizing, Moody's said in...
The Prime Minister Narendra Modi on November 2, 2018, propelled the MSME Outreach Program at Vigyan Bhavan in New Delhi.
The introduction of the program was seen by Union Minister for Finance and Corporate Affairs, Arun Jaitley and the Union...
The progressing emergency of confidence in non-banking financial organizations NBFCs may turn out to be a delay financial development, as balance sheet constraints and higher funding expenses may provoke these shadow banks to back off loaning, cautions a report.
In...
The dynamic SME division has a huge extension for changing the Indian business scene. With around 51 million enterprises in the section, it represents 37.5 percent of the nation's GDP and creates work to 117 million individuals. Despite the...
