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Wednesday, November 6, 2024

IL&FS

RBI Governor Shaktikanta Das to meet MSME, NBFC agents next week

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,...

Liquidity crisis hits NBFC stocks hard and threatens markets

Worries of a liquidity crisis have begun to hold markets hitting banks and finance companies hard. A disinclination of banks to lend to the NBFC sector and an asset-liability inequality in certain NBFCs triggered a sell-off in the majority...
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GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
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