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MSME body CIMSME requests RBI to extend repayment period under ECLGS

CIMSME urged for extension of repayment under ECLGS 1.0 from three to five years after the moratorium period. It also requested the extension for all MSMEs without any restriction.Read more

RBI takes steps to reduce COVID 19 stress on financial system

RBI has decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 75 basis points to 4.40 per cent from 5.15 per cent with immediate effectRead more

Are interest rates set for a sharp fall? Will RBI reduce interest rates by 50 basis points?

With India’s economic growth likely to slip under 7 per cent, all eyes are on the meeting of the Monetary Policy Committee of India scheduled in the first week of JuneRead more

Honouring excellence in SME sector

Over the last couple of years, while discussions centered on large corporate loans going bad, stress in the small and medium enterprises (SMEs) segment has witnessed perceptible increase. SMEs are also struggling to access funds due to the prevailing tight liquidity position in the domestic market.Read more

Hyundai Construction Equipment India Signs MoU with United Bank of India

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