Tag: Reserve Bank of India
MSME Bodies Urge RBI to Double Threshold for SMA-2 Stressed Loans
An account is classified under SMA when it shows early signs of financial difficulties or irregularities in loan repayment. Workers at the Biswakarma Terracotta and ... Read More
FTAs to help India to push apparel exports: RBI
India needs to actively pursue free-trade agreements (FTAs) with major export destinations like the EU and the US to push apparel shipments to face competition ... Read More
RBI announces relief measures for MSMEs
The RBI Governor has announced measures for cash-starved enterprises in the MSME and SMB sectors. Banks can now deduct credit disbursed for new MSME borrowers ... Read More
MSMEs face existential crisis
Crisil report says that the pain will radiate as India Inc heads towards approximately 15 per cent decline in revenue and approximately 25 per cent ... Read More