Feb 01, 2019 01:40 PM IST
MSMEs have an opportunity to sell their products through GeM.
- Jan 28, 2019 08:37 PM IST
In the 10-hour long meeting, bankers chalked out ways to ensure better loan recoveries and easy credit disbursal.
- Jan 21, 2019 07:56 PM IST
Currently, NBFCs and HFCs account for about a quarter of the total systemic credit, while their exposure to MSMEs and other retail segments account for more than half of their total credit outstanding.
- Jan 18, 2019 01:30 PM IST
India will witness barely any growth in 2019, and its economy could see a negative if the recent downgrading of its GDP growth numbers from 7.5% to 7.2% turn out to be true.
- Jan 11, 2019 10:08 AM IST
Ahead of the Budget, investors should stay with sectors which are linked to the economy such as consumption, banking, agriculture as well as infrastructure including housing.
- Jan 10, 2019 04:46 PM IST
"As part of the MoU, the two entities will collaborate for various activities including joint events, knowledge sharing sessions and ensure continuous engagement with various chapters in ten locations across India," a statement said.
- Jan 07, 2019 04:30 PM IST
Sakshi Batra gets in conversation with Gaurav Choudhury, Deputy Executive Editor at Moneycontrol, to understand the implications of an increased exemption limit on the MSMEs and its impact on government revenue.
- Jan 07, 2019 03:46 PM IST
The Governor held a two-hour meeting with the MSME representatives after the RBI issued a circular in the last week of December pertaining to restructuring of MSME loans up to Rs 25 crore.
- Jan 06, 2019 01:31 PM IST
The GST Council had in September 2018 set up the seven-member GoM to consider a cess for Kerala flood rehabilitation
- Jan 04, 2019 01:58 PM IST
The partnership has been forged under the aegis of RBI's circular dated September 21, 2018, that permits banks to engage with a non-banking financial company (NBFC) to co-originate loans for the creation of priority sector assets, the bank said.
- Jan 02, 2019 05:34 PM IST
The RBI on January 1 allowed a one-time restructuring of the existing debt of up to Rs 25 crore for the companies that have defaulted on payments but their loans have continued to be classified as standard assets.
- Jan 02, 2019 05:33 PM IST
The overall exposure that stands to benefit from such a move is Rs 13 trillion of the overall Rs 23 trillion MSME portfolio, it said.
- Jan 02, 2019 04:59 PM IST
"Total credit from the banking sector for MSME sector should be close to around Rs 10 lakh crore and apart from that there should be additional Rs 2 lakh crore from NBFCs," ICRA's Anil Gupta said.
- Jan 02, 2019 04:42 PM IST
Uttaresh Venkateshwaran gets in conversation with Moneycontrol Deputy Executive Editor Ravi Krishnan to discuss the restructuring scheme, the impact of it and more.
- Jan 02, 2019 03:48 PM IST
A day after the RBI announced a one-time loan restructuring scheme for the MSME sector, Das in a tweet said, "Will hold meetings with MSME associations and representatives of NBFCs next week."
- Jan 02, 2019 01:05 PM IST
In the last meeting, Jaitley had said that based on the report of the fitment and law committee, Council will decide on GST rate of residential properties.
- Jan 01, 2019 08:49 PM IST
The RBI permitted a one-time restructuring of existing loans to MSMEs that are in default but 'standard" as on January 1, 2019, the central bank said in a statement.
- Dec 28, 2018 09:28 PM IST
The ministry has also proposed similar way to classify MSMEs in the MSMEs Development (Amendment) Bill, 2018.
- Dec 14, 2018 01:21 PM IST
The meeting will review the progress with respect of some of the decisions taken in the last meet on November 19.
- Nov 29, 2018 09:34 PM IST
Exporters get the subsidy under the 'Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit'.
- Nov 26, 2018 05:36 PM IST
Sakshi Batra gets in conversation with Gaurav Choudhury to understand which are the announcements MSME sector is not enthused about. What’s the bigger concern for them and will the government re-look at the initial sops announced to benefit a wider spectrum of companies in the sector.
- Nov 23, 2018 07:30 PM IST
As a result of the faulty implementation of the Goods and Services Tax (GST), the states earned Rs 78,929 crore less revenue since July 2017, which has been compensated by the Centre as per compensation law of the new indirect tax regime, he said.
- Nov 22, 2018 09:33 PM IST
The study has been released by Omidyar Network, the impact investing firm established by Pierre Omidyar, the founder of eBay, and The Boston Consulting Group.
- Nov 22, 2018 10:43 AM IST
Banks are already weakened by bad loans. Concessional interest rates and forcing them to increase their allocation of funds to MSMEs from the existing 20-25 percent is not a wise way of strengthening the banking sector
- Nov 13, 2018 02:01 PM IST
Zheng Bin, CEO of the Industrial and Commercial Bank of China (ICBC) India on Monday gave an overview of Indian start-up ecosystem and how to invest in them at the 2nd 'Start-up India' Investment Seminar organised by the Indian Embassy here.