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Friday, November 22, 2024

Reserve Bank of India

RBI Moratorium on EMI: FREQUENTLY ASKED QUESTIONS

Last week, the Reserve Bank of India announced a three-month moratorium on all term loans outstanding as on March 1, 2020, as well as on working capital facilities. The Indian Banks Association has answered a list of Frequently Asked Questions...

RBI’s loan restructuring scheme impact on an SME development

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...

ICICI bank, small business FinCredit partner to offer loans to MSMEs

ICICI  bank on Friday inked a memorandum of understanding with Small Business FinCredit India Pvt Ltd (SBFC). It has been declared that it has signed a memorandum of understanding (MoU) with small  business FinCredit India and NBFC for entrepreneurs to...
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Latest News

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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