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Tuesday, November 5, 2024

RBI Governor

Indian MSMEs need to get more competitive

There is a huge scope for improving the competitiveness of Indian Micro, Small and Medium Enterprise (MSME) sector, said Shaktikanta Das, Reserve Bank of India (RBI) governor. At the 15th Annual Banking Summit held at Hotel Taj Mahal Palace, Colaba,...

RBI relaxed lending rules for NBFCs for Agriculture, MSMEs and Affordable Housing

Now the banks were allowed on-lending to agriculture as much as Rs 10 lakhs and micro and small businesses as much as Rs 20 lakh and housing up to Rs 20 lakh per borrower to be categorized as priority...

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...

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,...

New RBI Governor tries to Lend Extended Support to the Indian MSME sector

Newly appointed governor of RBI Shaktikanta Das sought to comprehend from heads of state owned lenders whether there were  any more steps  that could be taken to lend more to the Indian MSME sector. For their division, PSU bank...
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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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