Banks should be in a position to expand credit so that the liquidity in the markets is maintained, Arun Jaitley said.“The NBFCs today need credit beca...
Prime Minister Emphasized Initiatives Taken around MSME Lending
Addressing the ‘Destination Uttarakhand: Investors Summit 2018′ which kicked off on October 7, 2018, Prime Minister, Narendra Modi said, “...
NBFCs to Have Around 20% Market Share by 2020: Crisil
The share of public sector banks declined from 59% to 51 % while the share of private sector banks increased from 18% to 23% (during the same period, ...
Finance Ministry Makes MSME Lending Norms More Easy for Banks
Union Finance and Corporate Affairs Minister, Arun Jaitley, outlined the imperative need to complete the task of strengthening the banks through capit...
SIDBI Enhances Udyamimitra Portal for MSME Lending
The upgraded version of Udyamimitra, which will be ready by April next year, is aimed at promoting transparency, deepen outreach and reduce the cost o...
RBI Tightens Grip on NBFCs, Blacklists Two NBFCs and Three Other Surrendered
Reserve Bank of India (RBI) has cancelled the certificates of two Non-Banking Financial Corporations (NBFCs) and three NBFCs have surrendered their ce...