Latest News on Msme Sector
Showing of 0 - 10 from 34 results
Msme Sector - Total results - 34
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Feb 27, 2019
MSME sector presents an additional $70 bn lending opportunity to banks, says report
MSMEs account for over $55 billion of lending currently, there is still a huge gap that can be addressed by financial institutions in the near term -
Jan 18, 2019
Budget 2019: Taxation worrying investors; here's what govt can do to ease their woes and strengthen economic situation
The budget is expected to further ease out compliance burden and facilitate ease of business for SMEs. -
Jan 09, 2019
IL&FS again spooks IndusInd Bank numbers for straight second quarter, net rises a paltry 5% at Rs 985 cr in Q3
IndusInd Bank's overall exposure to the MSME sector stands at Rs 32,000 crore and there is no demand for a loan recast as of now, Sobti said. -
Jan 07, 2019
RBI breather for MSMEs: Central bank's decision to offer loan recast scheme will put small-scale sector back on growth track
RBI's decision to let banks and non-banks restructure their MSMEs loan portfolio is indeed akin to the proverbial 'a stitch in time saves nine’ -
Jan 02, 2019
Extend loan restructuring scheme to MSMEs not yet registered under GST: Industry
The Reserve Bank of India (RBI) Tuesday 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
RBI's New Year gift to MSME sector: Central bank allows one-time restructuring of loans up to Rs 25 cr
The decision will help the micro, small and medium enterprises (MSMEs) which are facing cash crunch in the wake of demonetisation and GST implementation. -
Nov 30, 2018
Interest subsidy for MSME sector exporters increased to 5% to boost growth: Reserve Bank of India
The scheme (earlier called Interest Subvention Scheme) was announced by the government in November 2018 for all exports of MSME and 416 tariff lines -
Nov 24, 2018
MSME loan restructuring: Indeed a relief to small firms but not enough to save crisis-ridden sector
The recent scams involving PNB forced banks to develop cold feet towards the MSME sector. -
Nov 20, 2018
Small business sentiment largely intact in September quarter despite higher oil prices, rupee fall, says survey
The fourth Crisidex survey, jointly undertaken by Crisil and Sidbi, said lenders' sentiment has also increased since the last survey, for which 1,100 companies have responded. -
Nov 20, 2018
RBI board meeting concludes on positive note: Mature solution is good news for financial markets
The RBI board meeting which went on for a dramatic nine-hour session has reached a mature solution which is acceptable to all concerned parties
