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Friday, November 22, 2024

SME news

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...

What the Modi government may be do to help farmers and MSMEs in the budget 2019

In the upcoming Union budget, which will be presented on February 1, 2019, there is no doubt that farmers in India would be given more topmost priority. But due to the lack of employment, manufacturing sector also requires critical...

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...
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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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