ट्रांसयूनियन सिबिल द्वारा जारी की गयी एक रिपोर्ट में कहा गया है कि एमएसएमई सेक्टर को मिला हुआ 55,000 करोड़ रुपये का कर्ज डिफॅाल्ट होने के करीब है। सिबिल द्वारा यह अनुमान एमएसएमई के कर्ज के मौजूदा क्रेडिट डेटा के आधार पर दिया गया है। सिबिल का कहना है कि एमएसएमई सेक्टर को दिए गए […]
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Mumbai: Warning that the banking industry is staring at a potential stress of nearly Rs 55,000 crore in its MSME exposure, Transunion-Cibil has launched a ranking for small businesses to take care of “information asymmetry”. It estimates the gross non-performing assets ratio for MSMEs…
Vishakhapatnam: Union Minister for MSME Kalraj Mishra has assured support to set up an incubation centre for women entrepreneurs in Andhra Pradesh. Inaugurating Shakti, a women entrepreneurs’ meet on January 20, he said the support would be extended under ASPIRE, a scheme for promotion of innovat…
भुवनेश्वर: राज्य एमएसएमई डिपार्टमेंट के अनुसार लगभग 30 प्रतिशत से भी कम सिक एमएसएमई इकाइयों (Sick MSMEs) ने खुद को रिवाइव करने व बैंको को पुनर्भुगतान पर जोर दिया है। एमएसएमई डिपार्टमेंट द्वारा साझा की गयी जानकारी के मुताबिक राज्य में मौजूद रिवाइवल के योग्य 2,532 एमएसएमई में से मात्र 726 सिक एमएसए…
The Reserve Bank of India (RBI) on December 28 further eased the prudential norms for classifying a loan account as non-performing asset (NPA) in respect of small borrowers. In its notification, the RBI said on reviewing its November 21 order, it has been decided to provide additional 30 days &#…
The surprise demonetisation resulted in an extraordinary amount of funds available to banks, albeit for a short period. However, demonetisation will affect the banking sector in terms of non-performing assets (NPA), particularly in the context of last week’s bimonthly Monetary Policy Statement. L…
Bengaluru: Canara Bank expects a windfall in MSME (micro, small and medium enterprises) and SME (small and medium enterprises) recoveries post demonetisation. “There is a good chance of recoveries during this period in Non-Performing Assets (NPAs) and we are coming out with various one-time settl…
“The bank is a friend, philosopher and guide of small enterprises” was the guiding motto for all banks during the past five decades. This seems to have been made into the derisive saying “A banker is one who lends an umbrella when the sun shines and takes it back when it starts raining”, by the […
Mumbai: Microfinance companies such as Ujjivan have either stopped or slowed lending in pollbound Uttar Pradesh, saying local politicians are spreading rumours that the demonetisation drive is something like a farm loan waiver and people need not repay their loans. “We are not lending in UP till …
Banks concentrating on a few states has led to rising loan defaults and non-payments in the micro and SME commercial sector, a report by TransUnion Cibil said. “Focusing on a few states deprive the lenders of an opportunity to exhibit calibrated loan growth. Currently, some banks tend to ha…
