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EXPORT CREDIT DISBURSEMENT
MSMEs and GST@9: Journey so far and next phase of reformsFor India Inc., including MSMEs, the focus appears to have shifted from stabilisation to optimisation, as confidence grows on account of di...- Early signs of stress emerge in MSME loans as West Asia disruptions worry banks: ReportLenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for b...
- Syndicate Finance bridges the execution gap for India's export-ready textile manufacturersAs India cements its position in global apparel supply chains, structured lending is emerging as the critical enabler and Syndicate Finance...
- India's MSME growth remains concentrated despite expansion in credit and formalisation: ReportThe study highlights the geography of MSME growth in India and calls for more balanced, targeted expansion of enterprise activity and forma...
- AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
- Hormuz closure could trigger 'agrifood shock', price crisis within a year, FAO warnsA critical warning from the United Nations Food and Agriculture Organization highlights a looming global food price crisis. The closure of ...
- Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium termsECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.
- Cabinet clears Emergency Credit Line Guarantee Scheme 5.0 to cushion MSMEs, airlines amid Gulf warThe government has approved a new credit scheme, ECLGS 5.0, to support airlines and small businesses facing economic challenges. This initi...
- Bajaj Auto Q4 Results: Standalone profit jumps 34% YoY to Rs 2,746 crore, revenue surges 32%; Rs 150 per share dividend announcedBajaj Auto Q4 Results: Bajaj Auto reported a standalone net profit at Rs 2,746 crore in the March-ended quarter versus Rs 2,049 crore in th...
- RBI extends export credit window to June 30 amid West Asia disruptionsThe Reserve Bank of India has extended export credit deadlines. Exporters can now get pre- and post-shipment finance for up to 450 days on ...
- Govt amends norms for exporters availing the interest subvention supportNew rules for export credit interest subvention are now in effect from January 2. Exporters will not receive benefits if their loan becomes...
- Government amends guidelines for interest subvention support for export creditAs per the changes, interest subvention shall not be admissible from the date on which the loan account is classified as a non-performing a...
- NIRVIK scheme to provide high insurance cover for exporters: FMUnder the Export Credit Insurance Scheme (ECIS), the insurance guaranteed could cover up to 90% of the principal and interest.
- Govt considering forex loan at cheaper rate to exporters, higher insurance cover to banks: Goyal“The proposal is presently under consideration,” he said in a written reply to a question in Lok Sabha on whether the government proposes t...
- Expect 30% rise in export credit by March: Piyush GoyalThe commerce and industry ministry will soon approach the Cabinet for reduction in insurance premium rates to 0.6% for small exporters havi...
- RBI should ensure easy credit disbursal to exporters: EEPC India chairmanSehgal added the RBI should strengthen the ombudsman mechanism for redressal of grievances.
- Breather for exporters as Centre to pay ITC refund for State GSTAs per industry, there is a huge difference in the amount claimed, state goods and services tax (SGST) sanction amount received from centra...
- Piyush Goyal suggests way to improve export creditThe government aims to take exports of goods and services to $1 trillion each in the next five years.
- Reduced share of export credit cause of concern: Piyush GoyalThe total disbursement of export credit was Rs 7.38 lakh crore in December 2018, a decline of 20% on year.
- Rs 575cr claims fall short of Target plusRestrictions introduced in the Target plus scheme - the controversial incentive programme designed by the government to reward high perform...
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