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MICRO LOAN RELIEF
These 7 private and public banking stocks have an upside of up to 26% in one year, according to analystsWhen it comes to banking, remember this: PSU and private banks have different kinds of loan books; at the end of the day, however, both ope...- Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
- PSBs told to draw up plan to boost rural and informal sector lendingGovernment directs state-run banks to identify successful initiatives for wider adoption. The focus will be on lending to unorganised secto...
- Private, govt banks pledge full support to ECLGS 5.0Banks are fully supporting the new Emergency Credit Line Guarantee Scheme 5.0. This scheme aims to help businesses facing challenges due to...
- Challenging times for Indian auto even as long-term demand trends hold: Assocham's Nirmal MindaIndia's automotive industry is facing the dual challenge of escalating costs and uncertainties in global trade. Yet, the future looks good ...
- 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.
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAs far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...
- Assuring credit is spread well, in timeIn a bold move to bolster the economy, the Indian government is injecting an additional ₹2.55 lakh crore in credit specifically aimed at sm...
- Himanta Biswa Sarma brings back BJP for third consecutive term in AssamHimanta Biswa Sarma led the BJP to a historic victory in Assam, winning 82 seats. His aggressive campaign, focusing on welfare schemes like...
- Digital lenders wary of small biz; Mythos’ biggest security riskHappy Tuesday! Digital lending firms are turning cautious on term loan exposure to small businesses. This and more in today’s ETtech Mornin...
- Leverage FTAs to widen market access: Piyush GoyalCommerce Minister Piyush Goyal met with exporters and industry groups. They discussed ways to boost India's exports and utilize free trade ...
- Banks' credit growth to moderate in FY27; NPAs to inch up: Crisil RatingsBanks' credit growth is projected to slightly slow to 13% in FY27, with a potential 0.20% rise in bad loans to 2.5% by March 2027, accordin...
- Assam govt tables legislation to exclude entities regulated by RBI from ambit of Assam Micro finance institution ActThe Assam government has introduced legislation to exclude entities regulated by the Reserve Bank of India (RBI) from the Assam Microfinanc...
- Assam rolls out second phase of Micro Finance Institutions Relief SchemeDuring this phase of the scheme, those borrowers who have been repaying regularly would be benefitted.
- Assam Cabinet approves Rs 1800 crore to around 11 lakhs micro finance borrowersAssam chief minister Himanta Biswa Sarma said that the State Cabinet approved Rs. 1800 crore to provide relief to around 11 lakhs microfina...
- Assam government to spend Rs 7,200 crore in Microfinance loan waiverAssam chief minister said that the Assam government in its first cabinet meeting formed a committee under the chairmanship of Housing and U...
- Assam govt to ink MOU with microfinance institutions, says CM Himanta Biswa SarmaSarma said, “There are a section of women who were paying regularly their instalments however in anticipation that the government will waiv...
- Incentives for micro loan relief would help poor borrowers: Assam CMA delegation of women of Naharkatia visited Chief Minister Sarma at the latter’s office at Janata Bhawan and handed over 2000 handmade gamo...
- Assam cabinet approves incentives announced for micro loan reliefMinister and cabinet spokesperson Pijush Hazarika said that the Cabinet approved the incentives earlier announced for waiving micro-finance...
- Govt increases loss coverage for micro loan defaults to 75% from 50% earlier“It will incentivise lending institutions to give credit as their losses from defaults on loans will be protected to the extent of 75%,” sa...
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