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Friday, May 3, 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

CRISIL SME Tracker: Brighter Days Ahead for Chemical MSMEs

The domestic chemicals industry in India is seeing a positive shift as demand revives and inventories stabilize, according to...
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