How MSMEs will fare during the second Covid waveThere will be a slight increase in the delinquencies in Q1 depending on how long it will go on, says Rajesh Sharma.
20 Apr, 2021, 03.31 PM IST
SSA Finserv raises $3 million from Blue Ashva Sampada FundBlue Ashva Capital will own a majority stake in SSA Finserv following the investment.
12 Jan, 2021, 02.24 PM IST
Karnataka Congress wants GST rates cut on consumer items to boost demandThe Congress leader has listed out a set of demands in a letter to all MPs elected from Karnataka, and urged them to persuade the Finance M...
11 Jun, 2020, 07.58 PM IST
A quarter of MSMEs may shut shop if the lockdown persists19% to 43% of the MSMEs may disappear if the crisis persists 4 or 8 weeks.
30 Mar, 2020, 11.20 AM IST
No liquidity shortage at the moment; will take steps if required: RBI Governor Shaktikanta DasPointing out that liquidity in the system is regularly monitored, Das said the RBI will take steps whenever there is any deficit.
07 Jan, 2019, 05.02 PM IST
New year bonanza: RBI issues norms for restructuring loans to MSMEsRBI permitted a one-time restructuring of existing loans to MSMEs that are in default but 'standard' as on Jan 1.
02 Jan, 2019, 06.45 PM IST
Government approaches RBI to relax NPA norms for MSMEsThe MSME ministry has sought an extension of the NPA classification period from the current 90-day window up to 180 days.
19 Apr, 2018, 08.20 PM IST
TReDS platform pulls in many private companies, PSUs and PSBsTReDS is an online mechanism for facilitating the financing of trade receivables of MSMEs through multiple financiers.
09 Jan, 2018, 11.29 PM IST
SIDBI chairman hails government support for MSMEs“This was a long pending demand of MSMEs. SIDBI's TReDS platform RXIL is geared to leverage the potential created by this announcement,” SI...
25 Oct, 2017, 08.45 PM IST
Not all Jan Dhan a/cs were used for money laundering: P ChidambaramMy real quarrel with demonetisation is that a decision of this magnitude, which has enormous consequences, cannot be taken by a single pers...
28 Jan, 2017, 04.43 PM IST
RBI asks banks to enhance working capital limit for MSMEsPM Narendra Modi on Nov 8 announced scrapping of Rs 500/1,000 notes, which resulted in cash crunch in the market.
29 Dec, 2016, 08.20 PM IST
Demonetisation: Restrictions on cash withdrawals likely to continue beyond December 30As Modi's 50-day deadline draws near, there is a growing consensus among bankers that the restrictions on withdrawal would have to continue
25 Dec, 2016, 03.18 PM IST
MSME Ministry wants withdrawal limit for units hiked to 2 lakhWe are having a discussion with MSME associations and the suggestions that we have received such as increasing the withdrawal limit from Rs...
06 Dec, 2016, 05.53 PM IST
Jobs will be safe in MSME sector, government assures workersSources said several of these small units have no cash in hand and could resort to large-scale retrenchment.
27 Nov, 2016, 03.07 PM IST
'MSMEs need Rs 5.15 lakh cr to overcome the financial crunch'MSMEs continue to face constraints in securing adequate finance, particularly in terms of their ability to convert trade receivables into l...
06 Sep, 2016, 04.37 PM IST
Tackling problems of delayed payments in MSME sectorBoosting the development of the MSME sector, which forms the backbone of the economy, is critical for powering Prime Minister's vision of m...
06 Jul, 2015, 10.37 AM IST
High-level meeting tomorrow to discuss Rs 11,000 crore sugarcane duesRam Vilas Paswan called a second high-level meeting tomorrow to discuss ways to bail out the sugar industry that is unable to pay Rs 11,000...
22 Jun, 2014, 01.15 PM IST