BUSINESS
Not all are bullish on the revamped MSME credit guarantee scheme
Industry experts have given a mixed reaction to the extra Rs 9,000-crore capital allocation to the corpus to revamped credit guarantee scheme for MSMEs.
BUSINESS
Budget 2023: In push for infrastructure, National Housing Bank to make available Rs 10,000 crore
Presenting Union Budget 2023, Sitharaman said the urban infra development fund will be managed by National Housing Bank
BUSINESS
Economic Survey 2023: India outpaces world in fintech adoption, driving financial inclusion
The Survey quoting the latest Global FinTech Adoption Index said while the world average is 64%, India has achieved 87 per cent fintech adoption
BUSINESS
NBFCs improve asset quality, capital adequacy; credit growth picks up: Economic Survey
Economic Survey 2023 noted that the ratio of NBFCs from peak of 7.2 percent recorded during second wave of the pandemic (June 2021) to 5.9 percent in September 2022.
BUSINESS
Interview| PSB privatisation unlikely in the next one year, says S C Garg
The former finance secretary said the government faces the challenge of fiscal consolidation and returning to the FRBM target, which will not be easy right now. The government is likely to keep the fiscal deficit at around 6% of GDP this year, Garg said.
