Corporate revenues drop over 25% during Covid-19 lockdown: Report

Majority of high-ranking enterprise managers verify that company revenues have already declined by over 25 per cent throughout the lockdown and companies will take greater than a yr to return … Read More

Stimulus announced by govt, RBI amount to Rs 20.97 lakh crore: FM Sitharaman gives a break-up

Union finance minister Nirmala Sitharaman mentioned on Sunday the general financial stimulus package deal underneath the Atmanirbhar Bharat mission quantities to Rs 20,97,053 as she gave a abstract of the … Read More

Debts related to Covid-19 to be excluded from default under IBC: FM Sitharaman

Debts associated to the coronavirus pandemic won’t be included in default class below the Insolvency and Bankruptcy Code (IBC) for one 12 months, Union finance minister Nirmala Sitharaman stated as … Read More

FM Nirmala Sitharaman announces collateral-free automatic loans for MSMEs for 4-year-tenure

FM Nirmala Sitharaman announces collateral-free automatic loans for MSMEs for 4-year-tenure

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday (May 13) introduced a number of classes of collateral-free computerized loans for companies, together with MSMEs whereas elaborating on the Atmanirbhar Bharat … Read More

Punjab National Bank opens emergency credit line for MSMEs, eases working capital norms

Punjab National Bank opens emergency credit line for MSMEs, eases working capital norms

New Delhi: Punjab National Bank on Wednesday mentioned it has opened an emergency credit score line for the MSME sector to assist it tide over liquidity points amid the coronavirus … Read More

Have opened emergency credit line for MSMEs, eased working capital norms: PNB

Have opened emergency credit line for MSMEs, eased working capital norms: PNB

Punjab National Bank on Wednesday mentioned it has opened an emergency credit score line for the MSME sector to assist it tide over liquidity points amid the coronavirus disaster. It … Read More

India signs $1.5 billion loan agreement with ADB for immediate response against Covid-19

India signs $1.5 billion loan agreement with ADB for immediate response against Covid-19

The Asian Development Bank (ADB) on Tuesday agreed to offer a $1.5 billion mortgage to India to assist its instant response to coronavirus (Covid-19) pandemic corresponding to illness containment and … Read More