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Friday, March 29, 2024

NPAs

Artificial Intelligence to help SMEs gain access to credit

Nandan Nilekani, the architect of Aadhar, has batted in favor of AI-based credit disbursal systems, especially for small and medium sized businesses. Although India is currently struggling with issues like non-performing assets (NPAs), non-banking financial company NPAs, Nilekani has...

RBI Governor’s evaluation on SME Loans: making of revival scheme for MSMEs

To explain about the credit and finance issues being faced by MSME sector, industry chambers representing a wide section of the Micro and Small & Medium Enterprises (MSME) and met RBI Governor Shaktikanta Das on Monday. Seeking the Central Bank’s...

RBI launches guidelines on restructuring MSMEs loans-permits restructuring of debt up to Rs 25 crore

MSMEs frame an essential segment of the Indian economy and contribute fundamentally to the nation's industrial output, GDP, exports, employment generation and so forth. Considering the significance of MSMEs in the Indian economy, it is viewed as vital at...

Narendra Modi launches MSME Outreach Program – Know its provisions

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...
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Invoicemart Facilitates INR 1 Lakh Crores in MSME Invoice Financing

Invoicemart, India’s largest Trade Receivables Discounting System (TReDS) platform, proudly announces a monumental achievement in the fintech landscape. The...
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