New Delhi: Putting more money into the hands of consumers this festive season, easier loans to SMEs and expediting disinvestment are among the steps being considered as part of a stimulus package to dig the economy out of its deepest slump in three years, according to officials. Also on the …
Tag: SME Loans
How digital lending will transform the SME landscape
Small and Medium Enterprises in India are waking up to the power and benefits of digital lending. With loans and other things made easy, they can focus their energies on the business at hand.
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Rs 2600 b of corporate & SME loans will be recognised as stressed loans by fiscal 2019: India Ratings
Domestic rating agency India Ratings and Research has said the banking system has Rs 7.7 trillion of unrecognised stressed loans in corporate and SME sector and expects around 35 per cent of them to slip into the NPA category in the next 12-18 months. “Indian banks are sitting on unrecognised str…
Budget2017: A wishlist from India’s start-up entrepreneurs
This year’s Budget to be announced next month is expected to be a big one for startups which are reeling under the impact of demonetisation. The government may announce a string of initiatives to support them, including widening of the tax-free regime to five years from three years and faster pro…