The government has extended the Rs 3-lakh-crore emergency credit line guarantee scheme (ECLGS) till March 31, 2021 and has also widended the scope of the scheme to include mid-sized companies in the 2...

In an attempt to spark pre-Diwali cheer, finance minister Nirmala Sitharaman delivered Thursday a third round of stimulus measures to help revive the Covid-devastated economy along with an upbeat asse...

The government on Monday decided to extend the Emergency Credit Line Guarantee Scheme for MSMEs by one month till November 30 as the scheme has failed to meet the target to disburse Rs 3 lakh crore. ...

The Supreme Court on Wednesday directed a reluctant Centre to issue by November 2 the circular on compound interest waivers relating to the moratorium on loans offered by banks till August 31. The be...

An insurance panel has proposed the creation of a pandemic pool and a policy shield to protect the wages of individuals working in micro, small and medium enterprises (MSMEs).  Business interrupt...

The -23.9 per cent shrinkage in the April-June GDP is not a surprise as nearly half the period witnessed a national lockdown. It’s also not surprising that this loss is the world’s steepes...

PricewaterhouseCoopers India has listed 10 macro steps that can aid economic revival along with the downside risks in a research report released on Tuesday. The macro steps include investment towards...

Union minister Nitin Gadkari on Saturday  said the government would consider increasing duties on sectors that are heavily dependent on imports to encourage domestic industry, especially MSMEs. ...

The RBI on Thursday conceded to a major demand of banks labouring under the burden of a moratorium scheme and announced a one-time loan restructuring mechanism. This facility will be available to adv...

Bandhan Bank could see a 15-20 per cent growth in advances in this fiscal backed by an uptick in small-ticket microcredit and MSME loan demand, particularly in the rural sector. This is in contrast to...