Credit information company CIBIL reports an increase in MSME NPA ratio to 12.8%. ECLGS provided much…
Tag: public sector bank
COVID-19 Takes a Toll on MSMEs in India
Challenging operating environment to continue till 2020 for MSMEs, says Moody’s. COVID-19 takes a toll on…
PM Modi Unveils Rs 1 Lakh Crore Agriculture Infrastructure Fund Showing Further Commitment to Farmers
PM Modi unveils Rs 1 lakh crore agriculture infrastructure fund. Created to finance the management of…
Indian Government Toughens Public Procurement Bidding for Border Countries
The government restricts supply of goods and services from border countries on security grounds. Public Procurement…
Nirmala Sitharaman Asks PSUs to Increase their Capital Expenditure to Boost Economy
The finance minister is meeting with various stakeholders to assess the economic situation. On July 7th,…
BSE Sensex and Nifty50 Rise by Over 5%
Sensex reclaimed 34000 mark to close at 34287 surging 306 points. Nifty50 goes past 10100 level…
Government Unlikely to Support Capital Infusion for Public Sector Banks for Budget 2020
The government is unlikely to support capital infusions for Public sector banks in Budget 2020 due…
Give Loans without fear of 3 C’s – Nirmala Sitharaman
To boost financial sector, Nirmala Sitharaman encouraged banks to give loans without fear of three C’s…
RBI’s Banking in India Report Shows How India’s NPA Crisis Compares to Other Emerging Economies
RBI's report on performance of the banking sector in India and in 2018-19 showed how India’s…