Credit information company CIBIL reports an increase in MSME NPA ratio to 12.8%. ECLGS provided much…
Tag: NBFCs
Banks and Non-Banks Demand Broadening of the Government’s Emergency Credit Line Guarantee Scheme (ECLGS)
Lending institutions demand broadening of the government’s Emergency Credit Line Guarantee Scheme (ECLGS) as only half…
MCA is Finalising Special Insolvency Resolution for MSMEs
Ministry of Corporate Affairs is ready to implement a new Insolvency resolution for MSME to provide…
MSMEs Revival Plan Post COVID-19 Lockdown
Credit flows to COVID hit MSMEs as the disbursement jumps 1341%. This is how MSMEs' revival…
Pradhan Mantri Mudra Yojana Scheme: PMMY
Pradhan Mantri MUDRA Yojana (PMMY) encourages and supports small businesses and women entrepreneurs to avail loans…
How is India’s Equity Market Unaffected by Economic Slowdown
India's equity market outperforming during economic slowdown. Sensex reached new high of 40,697.31 and NIFTY hit…
India’s growth forecast cut to 6% by World Bank
India’s growth rate forecast cut down to 6% by World Bank earlier it had predicted India’s…
Low Credit Growth Severely Affecting Economy
Indian economy is at its weakest level in six years. Majorly due to the low credit…