Banks to launch first phase of customer outreach loan initiative on Oct 3
The second phase will be in 150 districts and will be held between October 21 and October 25, just before Diwali, sources said.
Plastic exports to remain subdued in FY20: Report
India had exported USD 8 billion worth of plastics during in FY19, making it the 17th large...
Won't allow driverless cars in India: Gadkari
Gadkari said that social and economic equality will not come from speeches but with real action...
High interest rates, loan disbursals top MSME concerns
“MSMEs have demanded a differential interest rate for the sector. Issues related to working capital and GST were also brought up,” a govt official said.
How can the Indian economy revive after the corporate tax cut
What will it take for growth to pick up? ET looks at key questions and factors.
Another shot for MSMEs to reclaim bankrupt companies
Promoters can be considered for resolution of their own cos as they are exempt from section 29(A) of IBC.
Nitin Gadkari promises 'concrete decision' for timely payments to MSME
Speaking at a convention of 'Laghu Udyog Bharti', an RSS-linked outfit which works in MSME sector, Nitin Gadkari also promised to rid the national capital of pollution in 5 years.
Google parent Alphabet-backed AyeFinance targets lending to 5 lakh micro SMEs
The Government has realised the need of the MSME sector and has started multiple schemes to encourage credit solutions for bottom of pyramid businesses, says Sanjay Sharma, cofounder & MD, AyeFinance.
Working in tandem: The new and the old way of banking
Is the balance of power shifting from the traditional way of lending to a new model based on market-based supply and demand of credit?
SBI to adopt repo rate as external benchmark for all floating rate loans from Oct 1
"We have decided to adopt repo rate as the external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019," the bank said in a release.
Capital Quotient launches app for MSME workforce
The app called Siply, aims to provide financial security to workers below the provident fund threshold.
We will launch a new portal for MSME’s and e-commerce: Nitin Gadkari
Union minister Nitin Gadkari on Thursday said the government's plan to launch Bharatcraft portal, an e-commerce marketing platform, has the ...
GST Annual filing waived off for taxpayers below Rs 2 cr turnover
Filing of FORM GSTR-9 for those taxpayers who (are required to file the said return but) have aggregate turnover up to Rs. 2 crore made optional for the said tax periods.
Gadkari says tax giveaways to boost investor confidence
He said "the decision is a historic one" and this can be construed as the growth engine for the MSME sector.
RBI determined to move to external benchmark on October 1
Also, studying possibility of linking NBFC lending rates to such benchmarks.
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