The issue price for the small and medium enterprise IPO has been set at Rs 82. The bidding process will end on June 26
In contrast, the SME market witnessed higher activity, having raised $82 million via 38 IPOs
The new ways of working, viz, WFH, and hybrid mode, have thrown up many challenges for the HR staff. Tackling these, and other related issues, through innovation and in a sustainable manner will be key to success.
SMEs struggle to attract skilled professionals because of their limited resources, lack of brand recognition, and poor work culture. But there are ways to address these challenges.
The report states that lenders are more wary of extending LAPs as small and medium enterprises (SME) are seeing a subdued environment.
MV Tanksale, CMD, Central Bank of India says that although the slippages in Q1 were huge, to the extent of Rs 2400 crore they expect them to come down below Rs 1000 crore in Q2.
Drop in Q1 net profit was mainly due to provisions and because of slippage in couple of Corporate Debt Restructuring (CDR) accounts. The gold loan book also degrew, says Shyam Srinivasan, MD, Federal Bank.
A Krishna Kumar, MD of State Bank of India says the country‘s largest public sector bank has started an investigative audit on the allegations of wrongdoing levied by online portal Cobrapost. Kumar expects to complete the internal inquires by next month.