Latest News on Msmes
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Msmes - Total results - 84
Apr 25, 2019
Stressed assets resolution: Reserve Bank mulls giving up to 60 days additional time to borrowers for repaymentsAgainst the backdrop of the Supreme Court quashing Reserve Bank circular, issued on 12 February, 2018, a revised set of rules is under works and would be released soon
Apr 22, 2019
Flipkart sets up data centre in Hyderabad; move to help firm strengthen marketplace e-commerce businessThe centre will further enhance Flipkart's ability to bring in more sellers and MSMEs to the platform and cater to more consumers in the country.
Apr 10, 2019
MSME sector can create 1 crore employment opportunities in 4-5 years through partial substitution of imports: ReportAs per the annual report 2017-18 of the ministry of MSME, the sector contributed around 3.6 crore jobs (70 percent) in the manufacturing sector.
Apr 04, 2019
RBI monetary policy: Overall credit growth not broad-based, to MSMEs it's muted, says Shaktikanta DasEven though the headline credit demand is growing at a healthy 14 percent, Reserve Bank governor Shaktikanta Das on Thursday said it is not broad-based while those to MSMEs have been muted so far
Mar 08, 2019
CII survey claims MSMEs create 14% more employment in last 4 yrs; hospitality, tourism become top job-generating sectorsIn terms of states, Maharashtra, Gujarat and Telangana were the largest job creators, while in case of exporters, Maharashtra, Tamil Nadu and Telangana topped.
Mar 04, 2019
MSME loan portal becomes largest fintech lending platform; sanctions over Rs 35,000 crore in three monthsThe portal was launched in November to provide the credit of up to Rs 1 crore to micro, small and medium enterprises (MSMEs) in just 59 minutes
Feb 21, 2019
Weakening growth momentum, softening prices led to rate cut; loans to MSMEs shrink: RBIAt the 7 February bi-monthly monetary policy review, the MPC in a 4:2 vote, surprised markets with a 25 bps repo rate cut to 6.25 percent and also revised downwards its inflation outlook for next fiscal year.
Feb 18, 2019
Reserve Bank governor Shaktikanta Das to meet bank heads on 21 February on transmission of rate cutsShaktikanta Das Monday said he will meet heads of public and private sector banks this week to discuss the transmission of interest rate cuts to borrowers.
Feb 08, 2019
Offer a special window for large stressed companies with exposure of up to Rs 1,000 crore: Assocham to RBIAssocham president Balkrishan Goenka has written to the RBI governor, pitching for stressed companies
Jan 30, 2019
Budget 2019: Industry wants tax benefits on home loans, tariffs to protect domestic manufacturers, GST rationalisationFinance minister Piyush Goyal will present the interim budget for 2019-20 fiscal on 1 February, 2019