The meeting would focus on steps required including finalising bank policies, identifying borrowers, and discussing issues that need to be addressed to ensure smooth and speedy implementation of the resolution framework.
Credit and Finance for MSMEs: State Bank of India continued to be the leading lender to MSMEs under the ECLGS. The bank has disbursed Rs 17,599 crore in 2,99,375 MSME accounts as of August 24, 2020, followed by Rs 7,621 crore
Credit and Finance for MSMEs: While various stakeholders have appreciated the bold move to set up a fund of funds, it will stress test the government’s preparedness and resolve to handle such a significant task.
Credit and Finance for MSMEs: MSMEs operating in more than 3,000 Tier-II towns “were covered in one day” under the scheme to help them “pay salaries, rent, and restocking expenses,” Finance Minister Nirmala Sitharaman
Days after announcing the Rs 21 lakh crore AtmaNirbhar package, Union Finance Minister Nirmala Sitharaman has said that she is ready to respond even further as uncertainty looms large over the coronavirus pandemic and its ext
Defence sector shares surged as high as 10 per cent on BSE in otherwise weak trade on Monday after Finance Minister Nirmala Sitharaman in her fourth tranche of measures of nearly Rs 21 lakh crore announced to hike Foreign Dir
Nirmala Sitharaman Highlights | Final Tranche of Economic Package: Finance Minister Nirmala Sitharaman announced public sector enterprise policy among seven major steps in her fifth tranche of announcements. The government ha