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Monday, November 25, 2024

RBI

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,...

How small businesses are influencing Technology to alleviate MSME funding

MSMEs are essential to the economy, as far as the business, their commitment to the exports and the GDP. Still, the reality that there is a constant capital and funding requirement confines the capacity of this segment in accomplishing...

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...

RBI has been relaxed Asset Securitization Norms for NBFCs

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...

Advance the flow of working capital for MSMEs with TReDS

The Reserve Bank of India (RBI) has enabled three players to dispatch Trade Receivables Discounting System (TReDS) one of the digitized platform where MSMEs can gain admittance to capital by unloading their trade receivables. Here is a point by...

Crisis of NBFCs poses more growth headwinds-Know the report

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...
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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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