The pandemic is likely to have hurt the informal sector more acutely as it comprises smaller firms with limited economic buffers to withstand shocks. If small entrepreneurs are to risk their personal capital to go into busine
Biyani believed there was enough of a catchment for chains like Pantaloons. But, India was,and is, a country with lakhs of apparel stores and millions of kiranas, half of them makeshift stalls on the sidewalks, some spilling
Given how they have been reluctant to lend to the weaker NBFCs and MFIs, the 20% partial guarantee scheme, for a targeted amount of Rs 45,000 crore, might be slow to take off, unless RBI offers some kind of forbearance.
For all the criticism of the public sector and rants about its inefficiency, much of private sector hasn’t exactly covered itself with glory; integrity levels in the private sector, it would appear, are far more questionabl
If the state of credit markets is any indication, this slowdown is going to drag on for a long, long time. At the peak of what is typically India’s busy season, the pace of loans given is hitting new lows; the growth in non