Tag: Non-performing assets (NPAs)

Jaitley meets Directors of RBI Central Board

New Delhi: Finance Minister Arun Jaitley on February 11 stressed on the importance of uplifting the rural sector in India at a post-budget meeting organised here. Addressing the meeting of Central Board of the Reserve Bank of India, Jaitley discussed the importance of increasing allocation toward…

Happy times @ SMEs’: Govt. notifies framework for 4.74 lakh units revival

Micro, Small and Medium Enterprises (MSMEs) sector is in a decline as number of sick MSME units is on the rise in the country for past few years. The government blames it on economic slowdown. “Number of sick MSMEs in the country at the end of March 2013, March 2014, and March 2015 was 2.22, [&he…