Government's new scheme of ex-gratia payment for the difference between compound and simple interest. Here is…
Tag: nbfc
MSMEs Witness Rise in NPA Ratio and Credit Disbursal: CIBIL
Credit information company CIBIL reports an increase in MSME NPA ratio to 12.8%. ECLGS provided much…
RBI to Come Out With Monetary Policy on Friday
MP, including three government-appointed economists, starts three-day deliberations. RBI to come out with Monetary Policy on…
Green Light by Cabinet on Government’s PSUs Disinvestment Plan
The government is looking into complete disinvestment of 23 Public sector Undertakings (PSUs) to increase tax…
First Tranche of 20 Lakh Crore Economic Package Announced by Nirmala Sitharaman
Nirmala Sitharaman announced the first tranche of 20 lakh crore economic package for MSMEs, NBFCs, DOSCOMS,…
Coronavirus Effects in India- Retail, IT, Banking, Real Estate, and Auto Worst-Hit Sectors
Industries tussle with a downward shift in business. Here’s how coronavirus is effecting the retail, IT,…
Extend Moratorium Facility For All Borrowers: RBI
RBI advises several banks and financial institutions to spare debtors by extending the moratorium. They offer…
MSME Challenges and Way Forward: Shaktikanta Das at ASSOCHAM
RBI governor, Shaktikanta Das highlighted MSME challenges and its way forward at ASSOCHAM. MSMEs contribute significantly…
Bad Loans under MUDRA Scheme Rise at Alarming Levels
The bad loans under MUDRA scheme are rising to ₹17,251.52 crores out of ₹6.04 lakh crore…
IMF Set to Further Downgrade India’s Growth Forecast – Gita Gopinath
Gita Gopinath, Chief Economist,at IMF suggested downgrade of India's growth forecast. Policy changes required to achieve…