‘बैड डेट’, ‘एनपीए’ या ‘स्ट्रेस लोन’ जैसे शब्द आजकल आम आदमी की जुबान पर भी आ गए हैं. और ये तथ्य देश के बैंकिंग सेक्टर की डरावनी असलियत को बताने के लिए काफी है. दरअसल, पिछले कुछ सालों में बैंकों के नॉन परफॉर्मिंग एसेट्स यानी एनपीए इतनी तेजी से बढ़े हैं कि अब इन पर चर्चा सिर्फ […]
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Bengaluru: The Digital Lenders Association of India, an industry body of about 20 startups in the digital lending space, has laid down a general code of conduct for its members which is likely to ensure more transparency in this nascent sector yet to be governed by specific guidelines by the Rese…
सेवा निर्यात फरवरी 2017 में एक साल पहले की तुलना में 5.9 फीसदी बढ़कर 13.06 अरब डॉलर रहा।2016 के इसी महीने में यह 12.33 अरब डॉलर था। रिजर्व बैंक के आंकड़ों के अनुसार इसी दौरान सेवा आयात हल्की बढ़त के साथ 7.24 अरब डॉलर रहा। फरवरी 2016 में 7.19 अरब डॉलर मूल्य की सेवाओं का […]
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Chandigarh: Punjab-based Capital Small Finance Bank (CSFB) has raised Rs 64.66 crore through 14.7 per cent equity sale to ICICI Prudential Life Insurance, HDFC Standard Life Insurance and Pi Ventures LLP. The three companies have acquired a stake of 4.9 per cent each in Capital Small Finance Bank…
New Delhi: The Indian MSME sector has been coming to mainstream attention, owing to the well-concerted efforts of the new age financial companies, NBFCs and FinTechs in India. Further spearheading the revolution for financial inclusion of the MSME Sector is Finova Capital, the NBFC licensed by th…
Chennai: The number of sick Micro, Small and Medium Enterprises (MSMEs) has doubled in the last four years, the Minister of State for MSME Haribhai Parathibhai Chaudhary in a written reply to a question in Lok Sabha on April 10. The reply provides figures made available by the Reserve Bank of Ind…
Sumitomo Mitsui Banking Corporation (SMBC) is to team up with IFMR Capital to offer a range of leasing and financial services to companies in the agriculture and micro, small and medium sized enterprise (MSME) sectors in India. The two companies have signed a memorandum of understanding designed …
Bhubaneswar: Credit of Rs 9,803 crore has been advanced to micro, small, medium, khadi and village industries in the State by various banks against the target of Rs 14,554 crore during 2016-17. This was informed by Convenor of State level bankers’ committee (SLBC) Anil Kumar during the meeting o…
Finova Capital, the NBFC licensed by Reserve Bank of India, is committed to making finance available for the Indian MSMEs. In a recent announcement, Finova Capital shared its target of disbursing loans worth Rs 100 Crore in 2017 to the Indian MSME sector. Within the past one year of its launch, t…
Despite the government’s efforts to attract investment under its Make-in-India campaign, sales of manufactured goods fell 3.7% during 2015-16–the first decline in seven years–sparking fears of layoffs and debt default in the months to come. Spurred by a global slowdown and lack of demand, sales o…
