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Business highlights

New Delhi, Dec 3 () Following are the top business stories at 1810 hours:

DEL73 BIZ-FM-LD REFO…

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Covid-19: CII urges govt to help MSMEs

"With limited resources, MSMEs do not have the capacity to withstand massive shocks like COVID-19. …

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Raghuram Rajan reminds India what caused bad loans, warns Mudra loans could be the next wave Of NPAs

“Both MUDRA loans as well as the Kisan Credit Card, while popular, have to be examined more clos…

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Over 5.54 cr entrepreneurs availed loans under Mudra; Rs 10L cr sanctioned under this scheme: Prez

New Delhi, Jan 31 () More than 5.54 crore new entrepreneurs have availed loans under the Mudra sche…

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Nearly 3 pc of Mudra loans turn into bad loans: Govt

New Delhi, Dec 3 () The government on Tuesday said close to 3 per cent of Rs 6.04 lakh crore worth …

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Rs 16,712 cr loan sanctioned to women under 'Stand Up India' scheme: FinMin

Besides, under the Pradhan Mantri Mudra Yojana (PMMY), 70 per cent of the total loan borrowers are …

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Need to enhance global risk monitoring: Sitharaman

"Finance Minister Smt @nsitharaman emphasised that growing inequality has slowed down the pace of i…

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Let's work together to make India USD 5-trn economy: PM

"We have taken many initiatives in industry, irrigation, social infrastructure, rural infrastructur…

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Visa and MasterCard has a serious Indian competitor which has PM Modi’s complete support

Apparently, the National Payments Corporation of India (NPCI) is also looking to promote RuPay, whi…

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SBI disburses Rs 8,700 cr to MSMEs under emergency credit guarantee scheme

"MSMEs formed a very crucial part of the announcements made under the 'Atmanirbhar Bharat Abhiyan'…

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Ensure effective rollout of Rs 3-lakh crore ECLGS for MSMEs: FM to pvt banks

The main objective of the scheme is to provide an incentive to member lending institutions to incre…

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Banks sanction over Rs 75,000-cr loans to MSMEs under credit guarantee scheme

The main objective of the scheme is to provide an incentive to member lending institutions to incre…

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Various measures taken to reduce debt burden, strengthen economy: FM

To bring down the debt burden, the government has taken various measures like increasing the tax re…

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Google has removed 2,500 fraudulent loan apps from its Play Store, says FM

The matter is also regularly discussed and monitored in the meetings of the Financial Stability…

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Paytm Payments Bank takes a dig on PhonePe over Yes Bank restrictions

"We will be temporarily withholding payouts to merchants having Yes bank accounts until further cl…

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Banks sanction about Rs 1.14 lakh crore loans to MSMEs under credit guarantee scheme

Under the scheme, 100 per cent guarantee coverage will be provided by the National Credit Guarante…

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